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Saudi Shifts 7 Million Barrels to Egypt Pipeline

8/27/2026

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Story summary
  • Saudi Arabia began routing crude north through the Red Sea to Egypt’s Sidi Kerir pipeline, bypassing Bab al-Mandab.
  • Analysts say the new route adds weeks to delivery and raises transport costs.
  • Satellite images showed about 7 million barrels loading at Ras Tanura and Ju’aymah on Tuesday.
  • Egypt’s Sidi Kerir port exported 2.1 million barrels per day in August, up from 700,000 earlier 2026.