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Can Red Sea Replace Strait of Hormuz: Capacity vs Reality

The Red Sea cannot fully replace the Strait of Hormuz as a global oil route due to severe capacity limits and security risks, serving only as a temporary partial workaround. While Saudi Arabia's Petroline can divert some exports to the Red Sea, its capacity is roughly 3–7 million barrels/day—far less than the 18–21 million barrels/day that routinely flow through the Strait of Hormuz.