BlockBeats News, April 6th, as Iran's near closure of the Strait of Hormuz has restricted the region's energy shipments and the uncertainty about the duration of the conflict has caused market turbulence, Saudi Arabia has raised its official selling price for its main crude oil grade to Asia by $17 per barrel compared to the previous month, setting a record high premium level to the Oman/Dubai average. Saudi Aramco has set the official selling price for its Arab Light crude oil for May to Asia at a premium of $19.50 per barrel over the Oman/Dubai average, marking a $17 per barrel increase from the previous month.