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Saudi Arabia considers expansion of Red Sea oil pipeline

By CityCalc Newsroom · Tue Jul 07 2026 · Source: AGBI

Saudi Arabia is considering expanding the capacity of its crude oil pipeline to the western Red Sea coast, five sources close to the matter said. The move would enable the kingdom and possibly its neighbours to transport more oil without crossing the Strait of Hormuz.

Saudi Arabia is considering expanding the capacity of its crude oil pipeline to the western Red Sea coast, five sources close to the matter said. The move would enable the kingdom and possibly its neighbours to transport more oil without crossing the Strait of Hormuz.

Curated by CityCalc from AGBI. Read the full article at the source.

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