Saudi Aramco in talks to use foreign strategic oil reserves, CEO says

Aramco's push into foreign strategic reserve facilities is a quiet but telling shift: it turns other governments' emergency infrastructure into part of the kingdom's export logistics, which matters most for Asian and European buyers who depend on Gulf crude arriving on schedule. The commercial logic is resilience, but the strategic logic is leverage — access to another country's reserve confers a say in how and when supply is released during a crisis. Whether host governments treat that as mutual insurance or as ceding control over sovereign stockpiles is the open question, and it will shape how far this network expands.