The closure of the Strait of Hormuz accelerates the use of alternative routes such as the oil pipeline to Yanbu. Export continuity is maintained, but structural risks for global energy security emerge.
Thread TX-1192
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- TX-1194Telex
Oil shipments from Yanbu, a port on the Saudi Red Sea coast, reached 4.19 million barrels per day. An increase of 185% compared to the approximately 1.47 million barrels per day that passed through February, before the war.