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The Red Sea is the Strait of Hormuz alternative for Saudi oil, but here’s the problem: Why the Yanbu route may not work & more related News Here
As the Strait of Hormuz remains closed in response to US-Israeli attacks by Iran, disrupting oil trade and the global economy, Saudi Arabia is reportedly offering an alternative plan. But it comes with some caveats, underscoring how important the strait is. King Fahad Industrial Port is in Yanbu, Saudi Arabia. (Photo:X/@OneBahri) The Saudi regime, firmly…