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Saudi oil delivery times to Asia could rise 2.5-fold
A route via the Suez Canal and the Cape of Good Hope, which would become necessary if the Bab el-Mandeb Strait is closed, would take around 100 days round trip, Asahi reported
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tass.com
Closure of Bab el-Mandeb Strait threatens Saudi oil shipments to Asia — expert
Ziyad al-Hashemi explained that "a halt in these shipments could trigger turmoil in the oil market and drive up prices, particularly on the spot market"
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gulfnews.com
Oil above $100: Red Sea threat could add month to Asia shipments
Red Sea tensions and Houthi advances threaten Bab al-Mandab, forcing oil tankers to reroute around Africa, adding a month to Asia shipments and lifting prices above $100.
