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Montevideo, March 17th 2026 - 13:53 UTC

 

 

Saudi Arabia diverts more crude to the Red Sea to bypass Hormuz, but alternative capacity remains limited

Tuesday, March 17th 2026 - 10:00 UTC
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Saudi Arabia is stepping up the use of its pipeline network to the Red Sea to keep crude exports moving while the Strait of Hormuz remains heavily disrupted by the war with Iran. The key route is the Abqaiq-Yanbu system, also known as the East-West Pipeline or Petroline, which links Gulf oil fields with the Yanbu terminal on the Red Sea. That infrastructure has become the kingdom’s main escape route around Hormuz, the chokepoint that normally carries about a fifth of global oil and liquefied natural gas supply. Read full article

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