Saudi oil can still get out — but it won’t be cheap
Synopsis Saudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new detour
Synopsis 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 requires additional pipelines and significant diplomatic efforts. The kingdom must now push its oil north to avoid the Bab el-Mandeb strait. Urgent
action is required as Houthi attacks have already impacted oil tankers.
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