EnergyHighEmergingAccelerating
10.0
Houthi threat to Saudi maritime routes raises risk of oil price surge
South China Morning PostLO·SA · IR · YE·3 days ago
Saudi Arabia, the UAE, and Iraq are expanding pipeline capacity to reduce reliance on the Strait of Hormuz for oil exports. While these projects aim to mitigate long-term geopolitical risk, they remain in varying stages of development and will not provide immediate relief to current supply chain vulnerabilities or oil price volatility.
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