Saudi Arabia crude oil exports hit highest level since Iran war began despite pipeline outage - CNBC

Saudi Arabia crude oil exports hit highest level since Iran war began despite pipeline outage - CNBC

Source: CNBC

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DW NOTE

Saudi Arabia is routing oil through the Red Sea terminals because Hormuz remains effectively closed. The record export figure measures desperation, not strength — the kingdom is burning through shipping capacity and terminal infrastructure to compensate for a blockade now in its seventh month. When your primary export route is blocked and you set volume records anyway, you're not optimising, you're surviving.

Read the full story at CNBC →