Latest news with #ZATCA
Gulf Insider
7 hours ago
- Business
- Gulf Insider
The World's Most Critical Oil Chokepoints
The total volume of oil passing through the Strait of Hormuz stands around a staggering $600 billion. While a blockade of the strait is considered a distant possibility, its closure could ripple across global supply chain networks. In particular, Japan, China, and India would be impacted the most. Furthermore, a shock to oil prices would likely affecting production costs, in turn raising the price of consumer goods. This graphic, via Visual Capitalist's Dorothy Neufeld, shows the most vital oil transit chokepoints, based on data from MUFG. Below, we show how the Strait of Hormuz sees the second-highest volume of oil passing through its corridor globally: In 2023, 20.9 million barrels of oil flowed through the Strait of Hormuz, which lies between Iran and Oman. Iran largely controls this waterway, where 20% of global oil consumption is transported across this shipping route. In response to Israel-Iran conflicts, oil production surged by 950,000 barrels per day in June—largely driven by Saudi Arabian output. While tensions have recently flared between Israel and Syria, it remains to be seen if conflict will resurface with Iran. Earlier in July, Israeli officials met with Trump to discuss certain scenarios that would justify a future attack on Iran—including the resumption of nuclear enrichment activities. To learn more about industrial resources from a global perspective, check out this graphic on the top 25 countries by proven oil reserves. Also read: ZATCA Foils Attempt To Smuggle 310,000 Captagon Pills Through Jeddah Port
Gulf Insider
4 days ago
- Gulf Insider
ZATCA Foils Attempt To Smuggle 310,000 Captagon Pills Through Jeddah Port
The Zakat, Tax and Customs Authority (ZATCA) thwarted an attempt to smuggle 310,000 Captagon pills, a form of amphetamine, into Saudi Arabia through Jeddah Islamic Port. ZATCA spokesperson Hamoud Al-Harbi said the illicit pills were discovered hidden in various compartments of a vehicle arriving at the port. Upon uncovering the concealed shipment, ZATCA coordinated with the General Directorate of Narcotics Control, leading to the arrest of eight individuals believed to be linked to the case. Al-Harbi reaffirmed the authority's commitment to tightening customs control across Saudi Arabia's entry points, emphasizing that such efforts are vital to protecting society from the dangers of drug trafficking. He also encouraged the public to report smuggling attempts by contacting the designated hotline (1910), emailing 1910@ or calling internationally at +9661910. ZATCA guarantees full confidentiality and offers financial rewards for verified reports.
Saudi Gazette
5 days ago
- Saudi Gazette
ZATCA foils attempt to smuggle 310,000 Captagon pills through Jeddah port
Saudi Gazette report JEDDAH — The Zakat, Tax and Customs Authority (ZATCA) thwarted an attempt to smuggle 310,000 Captagon pills, a form of amphetamine, into Saudi Arabia through Jeddah Islamic Port. ZATCA spokesperson Hamoud Al-Harbi said the illicit pills were discovered hidden in various compartments of a vehicle arriving at the port. Upon uncovering the concealed shipment, ZATCA coordinated with the General Directorate of Narcotics Control, leading to the arrest of eight individuals believed to be linked to the case. Al-Harbi reaffirmed the authority's commitment to tightening customs control across Saudi Arabia's entry points, emphasizing that such efforts are vital to protecting society from the dangers of drug trafficking.
Khaleej Times
5 days ago
- Khaleej Times
Saudi Arabia arrests 8, foils attempt to smuggle 310,000 Captagon pills through Jeddah port
Saudi Arabia authorities foiled an attempt to smuggle 310,000 amphetamine pills (Captagon) into the country through Jeddah Islamic Port. The drugs were hidden in various parts of a vehicle, and was seized upon inspection at the port, said Hamoud Al-Harbi, spokesperson of Zakat, Tax and Customs Authority (ZATCA). After the seizure, authorities arrested eight individuals who would have received the items in the country. The arrests took place in coordination with the General Directorate of Narcotics Control. Authorities continue to tighten control over imports and exports through its customs outlets, Al-Harbi said. Everyone must contribute to combatting smuggling by informing authorities of any reports related to smuggling crimes or violations of provisions of the Unified Customs System, the authority stressed. The public can contact the authority through the number designated for security reports (1910) or via email (Email:1910@ and the international number (009661910). Such reports will be treated with complete confidentiality, and a financial reward will be granted to the reporter if the information in the report is correct, Saudi Arabia authorities added.
Gulf Insider
13-07-2025
- Gulf Insider
Saudi Customs Records Over 1,200 Smuggling Attempts At Land, Sea, And Air Ports
The Zakat, Tax and Customs Authority (ZATCA) has thwarted 1,268 smuggling attempts across the Kingdom's land, sea, and air ports, as part of its continued efforts to protect society from prohibited items and uphold national security. According to an official statement, the intercepted items included 116 types of narcotics such as hashish, cocaine, heroin, crystal meth, and Captagon pills, in addition to 683 other prohibited materials. The customs authority also reported the seizure of 2,114 items of tobacco and its derivatives, 61 types of undeclared financial sums, and eight cases involving weapons and related equipment. ZATCA reaffirmed its commitment to strict customs monitoring over imports and exports to safeguard the community, emphasizing ongoing coordination with partner agencies across sectors. The authority urged the public to support national anti-smuggling efforts by reporting violations via its security hotline (1910), email (1910@ or international number (+9661910). It assured that all reports are handled with strict confidentiality and that informants are eligible for a financial reward if the tip proves accurate.
