Saudi Arabia Creates New Red Sea Oil Route As Houthi Threats Disrupt Shipping
Saudi Arabia is creating an alternative oil export route through the Red Sea as security threats disrupt shipping around the Bab al-Mandab Strait. The kingdom is using tankers to transport crude from its Red Sea port of Yanbu to Ain Sokhna in Egypt. From there, the oil can travel north through Egypt's SUMED pipeline to Sidi Kerir on the Mediterranean coast, allowing Saudi crude to reach international markets without relying entirely on vulnerable maritime routes. The alternative route has gained importance after Yemen's Houthi forces announced a blockade targeting vessels loaded at Yanbu.
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