“Bloomberg” published an extensive analytical report shedding light on the emergency measures and plans adopted by Saudi Arabia to circumvent the Yemeni blockade announced in response to the restrictions imposed on Yemen for more than a decade, particularly following the imposition of the blockade equation and the escalation of attacks carried out by the Yemeni Armed Forces in the Red Sea and Bab al-Mandab against vessels linked to Riyadh.
The American agency examined the mechanism of the covert and smuggling route, revealing that Saudi authorities have begun relying on a fleet of foreign oil tankers operated by major shipping companies from South Korea, Greece, and Norway to transport vital crude shipments from the port of Yanbu on Saudi Arabia’s Red Sea coast to Egypt’s Ain Sokhna port.
The report pointed out that the transportation process does not stop at Egyptian ports. After reaching Ain Sokhna, the oil is pumped through the SUMED pipeline across Egyptian territory, reaching Mediterranean ports directly, foremost among them the port of Sidi Kerir, in preparation for being reloaded and exported once again to international markets and customers.
It noted that this forced logistical shift comes amid continued deep disruptions and near-total paralysis in maritime traffic in the Red Sea and Gulf of Aden, and a serious attempt to avoid the intensive attacks carried out by the Yemeni Armed Forces against Saudi-linked interests and vessels in response to the continued blockade imposed on Yemen.
“Bloomberg” concluded that this complex and costly step reflects Riyadh’s relentless efforts to protect the flow of its oil exports, thereby attempting to overcome the forced disruption of the traditional direct route through the Bab al-Mandab Strait and the southern Red Sea.