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Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea

Wednesday, August 12, 2026


Saudi Arabian oil exports through Egypt's Mediterranean port of Sidi Kerir have more than doubled, according to shipping data firm Kpler. The increased exports coincide with security concerns in the Red Sea shipping corridor.

Original reporting: https://www.cnbc.com/2026/08/12/saudi-arabia-iran-oil-red-sea-houthi-suez-canal-strait-hormuz.html

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