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Saudi Arabia Races to Reroute Oil as Gulf Storage Fills Fast
Posted
March 5, 2026
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0:24Now PlayingSaudi Arabia is diverting millions of barrels of oil to its Red Sea ports to maintain supply to buyers globally as the Iran war fills up storage sites across the Middle East. #iran #politics #worldnews #israel #usa #oil #saudiarabia
The conflict is choking off a swath of oil, fuel and gas supply, and other producer countries in the region face a shrinking window to resume exports through Hormuz.
Storage tanks are filling up at refineries and oil fields across the Persian Gulf, and the supply of vessels to load cargoes is diminishing fast, adding stress on markets already rushing to secure alternative supply.
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