East-West Pipeline Key to Saudi Arabia's New Oil Export Strategy

As the Strait of Hormuz remains de facto closed for tanker traffic, Saudi Arabia is scrambling to hike its oil exports via the Red Sea route by boosting east-west pipeline flows and accelerating loadings at the Yanbu port on the Red Sea. Saudi Arabia is rapidly scaling its Red Sea export pivot through Yanbu, with 27 very large crude carriers (VLCCs) heading toward the terminal as export dependency shifts westward, maritime AI company Windward said in its latest daily analysis. Ports exceptions are rising across the Gulf region, and…