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Can Saudi Arabia Free Up Oil Blocked by Iran War?
Posted
March 16, 2026
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7,574
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March 16, 2026
7,574
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0.98%
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1:00Now PlayingA huge number of tankers are waiting to collect oil from Saudi Arabia's key port in the Red Sea as Riyadh ramps up efforts to bypass the Strait of Hormuz. #saudiarabia #iran #politics #worldnews #trump #israel #usa
Saudi Arabia is accelerating Yanbu shipments, with crude shipments from the Red Sea facility rising to average about 3.1 million barrels a day in the week to Sunday.
The kingdom began diversions after the conflict began, aiming to export as much as 5 million barrels a day through the alternate route, with oil prices surging above $100 a barrel since the Iran war began.
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