Published: Mar 20, 2026, 14:15 IST | Updated: Mar 20, 2026, 14:15 IST
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.