Attacks on vessels have forced the kingdom to seek longer, costlier routes to Asian buyers

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

Faced with disruptions to its primary oil export routes through the Hormuz and Bab el-Mandeb straits driven by Iran and Houthi rebels, Saudi Arabia is...

Despite Houthi threats and a declared blockade against Saudi Arabia, oil shipments from Yanbu continue, though many Western tankers are going dark on transponders or rerouting via…

Ship traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast. Meanwhile,…

Saudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new detour is needed. This new bypass…