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Saudi Arabia monitoring oil markets closely, prepared for additional measures

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RIYADH: The Saudi Cabinet said it is continuing to closely monitor the oil market conditions and is prepared to take any additional measures in partnership...

KSA plans largest artificial oil canal

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Saudi Arabia intends to establish a 1,000 km-long canal linking the Arabian Gulf with the Arabian Sea, passing by the Kingdom to facilitate transport of oil, avoiding the Strait of Hormuz.