Saudi Aramco has consecutively cut crude oil supplies to Asian buyers in April due to the war between the United States and Israel with Iran, with daily export volumes dropping to 4.355 million barrels. Saudi Arabia plans to export light crude oil through the Port of Yanbu to address trade disruptions in the Strait of Hormuz. Additionally, Saudi Aramco CEO Nasser cancelled his participation in the CERAWeek conference, with speculation that he remained in Saudi Arabia due to the impact of the war.