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Saudi Arabia Reroutes Oil Exports Amid Strait of Hormuz Disruptions

route_disruption UTC: 2026-03-11 09:23:31

The recent surge of oil tankers diverting to the Red Sea marks a critical juncture in global energy logistics, driven by escalating tensions surrounding the Strait of Hormuz, a strategic passage accounting for approximately 20% of the world’s oil transit. The state oil company...

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