Gulf States/Economy/Saudi Aramco considers exporting oil through the Red Sea to bypass Hormuz

Saudi Aramco considers exporting oil through the Red Sea to bypass Hormuz

Mar 4, 20266 sources

org:aramcoplace:red seaplace:hormuz

Summary

Saudi Arabia's state oil company, Aramco, is exploring a plan to export oil via the Red Sea. This would allow it to avoid shipping through the Strait of Hormuz, a critical but potentially vulnerable maritime chokepoint. The company is reportedly studying the use of a pipeline to redirect exports.

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Source Headlines

6 headlines from 4 publishers

Aramco Explores Oil Exports From Red Sea to Avoid Hormuz

Mar 4

Aramco Explores Plan to Export Oil Via Red Sea to Avoid Hormuz

Mar 3