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Saudi Arabia increases Mediterranean crude exports via Egypt to bypass Red Sea Houthi threats
OilPrice.com·SA · EG · YE·3 days ago
Saudi crude exporters are increasingly utilizing northern Red Sea routes to bypass Houthi militant threats, involving shipowners like Sinokor Group. This shift indicates a sustained adaptation of maritime logistics to avoid direct conflict zones, though the long-term impact on transit costs and regional supply chain stability remains uncertain.
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