Saudi Arabia's Pipeline Pivot: A New Risk, a Familiar Pattern The surge in oil exports through the Sumed pipeline from Egypt to the Mediterranean Sea is not just a tactical move by Saudi Arabia to avoid attacks in the Red Sea; it also reflects a larger and more complex issue.
As the world's leading oil exporter navigates treacherous waters, its strategy is shifting – but will this new path provide relief or create new challenges?
Saudi exports from Egypt's Mediterranean port of Sidi Kerir have more than doubled to around 2. 3 million barrels per day in August compared to last month.