Saudi Arabia increases oil exports via Mediterranean pipeline to avoid Red Sea attacks
2026-08-13 03:53:34
According to CoinMeta, Saudi Arabia has increased its oil exports through pipelines in the Mediterranean Sea to avoid attacks in the Red Sea region. The re-planning of Saudi Arabia's pipelines highlights the vulnerability of the global oil supply chain, which may lead to increased costs and transportation times in the Asian market.
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Source:Crypto Briefing
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