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The Economic Times

Economy / The Economic Times

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Saudi Arabia races to reroute oil as Gulf storage fills fast

Saudi Arabia is rerouting millions of barrels of oil to its Red Sea ports, primarily Yanbu, to maintain global supply amidst Middle East tensions. This strategic move helps circumvent disruptions in the Persian Gulf, though voyages to Asia still navigate the Bab El-Mandeb Strait. Other regional producers face storage and export challenges as the conflict impacts supply chains.

6 Mar 2026 12:50 am