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Saudi Arabia reroutes oil exports as Houthi strikes target Yanbu; Hormuz traffic collapses
OilPrice.com·SA · YE·1 day ago
Aqaba Port in Jordan reports a significant rise in transit traffic, particularly containers destined for Iraq, as ongoing navigation disruptions in the region push companies to bypass Gulf ports. This shift underscores a realignment of regional trade flows, with Aqaba emerging as a key alternative gateway. The trend is likely to persist while Red Sea or Gulf shipping remains disrupted, benefiting Jordan's logistics sector but straining port capacity.
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