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Saudi Aramco Considers Red Sea Route for Oil Exports, Bypassing Hormuz
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Aramco Eyes Red Sea Route to Bypass Hormuz Amid Mideast Tensions
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Moneycontrol
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03-03-2026, 19:45
Aramco Eyes Red Sea Route to Bypass Hormuz Amid Mideast Tensions
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Saudi Aramco explores exporting more oil via the Red Sea port of Yanbu to avoid the Strait of Hormuz.
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The move aims to circumvent shipping logjams in the Persian Gulf caused by Middle East conflict.
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Aramco has a 5 million barrel-a-day East-West Pipeline capable of transporting oil to the Red Sea.
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Customers in Asia and shippers are being consulted about shifting cargo loadings to Yanbu.
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The Red Sea route carries risks, including threats from Yemen's Houthi militant group, despite no recent incidents.
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