Saudi Arabia rerouted about 1 million barrels a day away from the Strait of Hormuz

Saudi Arabia rerouted about 1 million barrels a day away from the Strait of Hormuz Nearly 4 million barrels of crude oil per day passed through the Bab el-Mandeb Strait in March, up from about 3 million the previous month and the highest level since October 2023, according to Kpler. The increase came as Saudi Arabia rerouted crude via its East-West pipeline to the Red Sea port of Yanbu following the disruption of the Strait of Hormuz. The pipeline has allowed Riyadh to maintain some exports, though it cannot fully