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World
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Saudi Oil Reroutes Hit Capacity and Security Limits
Saudi Arabia is intensifying oil rerouting efforts via Yanbu Port as security risks and capacity limits mount in the Red Sea.
Oil Shipping
3 trends tracked about this subject — the full history, oldest to newest below.
◼ Archived
World
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Add a month at sea and $2.5 million - what it costs oil tankers to flee Hormuz and Bab el-Mandeb
Oil tankers are rerouting away from the Hormuz and Bab el-Mandeb straits, incurring millions in extra costs and extending voyages by 48 days.
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Business
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Hormuz traffic slows to two-month low as renewed US, Iran strikes raise safety risk
Strait of Hormuz traffic hits a two-month low following renewed US and Iran strikes.