Saudi Aramco, the world's largest oil exporter, says it is securing energy supply by activating alternative shipping routes via the Red Sea port of Yanbu, as disruptions in the Strait of Hormuz continue following US and Israeli strikes on Iran.
In a written response to Anadolu, Saudi Aramco says it "continues to ensure reliable energy supply by leveraging alternative export routes through Yanbu in response to evolving regional conditions."
The company is working closely with customers to maximize shipments safely and efficiently, as oil flows through the Strait of Hormuz remain disrupted following recent escalation.
It added that shipping plans are being revised to reflect new conditions and customers are being kept regularly informed.
"Our priority is to maintain safe, reliable operations while supporting market stability during this period," the company says.
- Exports near 4 million barrels
Yanbu has emerged as one of the main export outlets for Gulf crude, after Iran's retaliation to US-Israeli attacks severely disrupted shipments through the Strait of Hormuz.
Crude exports from Yanbu reached a five-day average of 3.66 million barrels, according to Bloomberg ship-tracking data. This level corresponds to roughly half of Saudi Arabia's pre-conflict export volumes.
By Duygu Alhan
Anadolu Agency
energy@aa.com.tr
