The urgency for a new route follows Houthi forces seizing control of Bab el-Mandeb last month, which threatens the current export bypass to Yanbu. That East-West pipeline handles about 6M BPD and is operating above 80% of its 7M BPD capacity, with 4.5M BPD available for export. Riyadh is preparing an offensive to retake Bab el-Mandeb, while the neighboring UAE already uses a pipeline to Fujairah to carry up to 1.8M BPD past Hormuz.
Wednesday, October 21, 2026
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Saudi Arabia Starts $7B Oman Pipeline to Bypass Hormuz
Commodities18 days ago
Aramco's new 1,000 km oil network will connect eastern fields to the Arabian Sea to secure export flows, the CEO of TotalEnergies says. The project to reach the port of Duqm in Oman is estimated to cost $7 billion and is designed to allow Saudi crude to bypass the maritime chokepoints of the Strait of Hormuz and the Red Sea.
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