Saudi Arabia is considering expanding the capacity of its crude oil pipeline to the western Red Sea coast, five sources close to the matter said, enabling the kingdom and possibly neighbours to transport more oil without crossing the Strait of Hormuz.

Saudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbouring countries like Kuwait are also in…

Saudi Arabia is considering expanding the capacity of its crude oil pipeline to the western Red Sea coast, five sources close to the matter said, enabling