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Asian refineries pivot to Suez Canal for Saudi crude transit amid Red Sea security risks
Capital.grLO·SA · EG·about 7 hours ago
Refineries are increasingly rerouting oil shipments to avoid the Red Sea, signaling a sustained shift in global energy logistics due to Houthi maritime interdiction. While the specific volume of diverted cargo remains unquantified, the move reflects a strategic adaptation to persistent security risks in the Bab el-Mandeb Strait.
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