Oil Climbs Higher Amid Reports of Saudi Imports

The transcript discusses concerns about Saudi Aramco's ability to meet oil supply demands amid conflicting reports. It clarifies that operations remain normal despite rumors of additional crude purchases. The political landscape is also addressed, highlighting US diplomatic efforts with Iran and the Arab world's consensus to avoid costly conflicts. The Saudis prefer an international response to recent aggressions, emphasizing the importance of maintaining foreign investor confidence.

What diplomatic actions are being taken in response to the situation with Iran?

How do the Saudis view the recent aggression towards their oil facilities?