Saudi Aramco is offering crude oil outside the Strait of Hormuz to some Asian refiners through private negotiations, a Reuters News report said quoting two sources with knowledge of the matter.

This is a strategy similar to that adopted by United Arab Emirates' Abu Dhabi National Oil Co (ADNOC).

In a rare move, Aramco is in talks with buyers to supply Arab Medium and Arab Heavy crude via ship-to-ship (STS) transfers off Fujairah in the UAE, the sources said. 

One of them said the cargoes were for September loading. It was not immediately clear how Aramco moved its cargoes out to Fujairah. The offers are the latest sign of crude supplies finding their way around the prolonged disruption to the Strait of Hormuz.

Aramco declined to comment. Aramco has also diverted its Arab Light crude to the Red Sea port of Yanbu for export since the Iran war began, and also offered the grade from Egypt’s Mediterranean port of Sidi Kerir following attacks in the Red Sea by the Iran-aligned Houthis, the report said.