RIYADH: The recent escalation of tensions involving the US, Iran and Israel, coupled with prolonged disruption to Red Sea shipping, has accelerated a rethink of global trade routes and supply chain strategies. As businesses seek more resilient logistics networks, Saudi Arabia sees an opportunity to convert short-term geopolitical disruption into long-term economic gains through Vision 2030, which targets a top-10 global logistics ranking and aims to increase the transport and logistics sector’s contribution to gross domestic product to 10 percent by 2030.

Saudi Arabia shifts oil exports to the Suez Canal amid regional tensions. WTI reaching $110 in July 2026 at 9.6% YES.

RIYADH: The recent escalation of tensions involving the US, Iran and Israel, coupled with prolonged disruption to Red Sea shipping, has accelerated a rethink of global trade…