OilPrice.com (August 2)
2026/ 08/ 03 by jd in Global News
“When Iran shut down the Strait of Hormuz, Saudi Arabia quickly redirected its oil flows to the Red Sea. Now, that route has become dangerous because of the Houthi blockade, so Saudi is rerouting to Egypt” where two LNG tankers “just got struck by drones. OPEC’s number-one is running out of options to reroute its oil exports.”
Tags: Dangerous, Drones, Egypt, Houthi blockade, Iran, LNG tankers, Oil exports, OPEC, Options, Red Sea, Redirected, Reroute, Route, Saudi Arabia, Shut down, Strait of Hormuz
