Iran sanctions put Saudi oil output capacity to the test - FT.com

While all eyes in the oil market are on Iran, Ras Tanura, a sandy peninsula on the Saudi coast, is under almost as much scrutiny.
The oil export terminal, the world’s largest, has witnessed an uptick in activity over the past two weeks, suggesting Riyadh is ramping up oil production as looming sanctions by the European Union and US disrupt Iran’s crude exports.

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