Saudi Aramco has resumed crude oil loadings at its Ras Tanura terminal, ending a suspension that lasted nearly four months.
Shipping data confirmed the restart on Friday, marking a significant operational shift for the world's largest crude producer.
The move comes after a prolonged period where exports from the facility were significantly constrained, creating a bottleneck in global supply chains.
The restart is likely to ease immediate supply concerns that have been weighing on energy markets.
With Ras Tanura back online, the risk premium embedded in crude prices due to logistical bottlenecks may begin to dissipate.
Traders are watching for signs that the terminal is returning to full capacity, which would further stabilize supply expectations.