Saudi oil exports through Hormuz surge to 2.9m barrels a day as Houthis threaten Red Sea route

Saudi oil exports through the Strait of Hormuz have surged to 2.9m barrels a day. This increase comes as Houthi advances threaten the kingdom’s alternative Red Sea route, according to Arabian Business.

The Houthis' threat to the Red Sea route appears to be driving the surge in oil exports through Hormuz.

The Saudi Gazette report on building permits and construction costs in Saudi Arabia does not relate to the surge in oil exports through Hormuz.

Brief written by urgent.news from Arabian Business, Saudi Gazette — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.