Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea

Saudi ramps oil via Mediterranean to avoid Houthi attacks in Red Sea Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim's Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Energy Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea Published Wed, Aug 12 2026 3:39 PM EDT Updated 2 Min Ago Spencer Kimball @spencekimball Deena Zaidi WATCH LIVE Key Points Saudi Arabia is under pressure as Iran and its allies pressure the major oil chokepoints in the Middle East. The Saudis are now shipping more oil through a pipeline that stretches across Egypt to the Mediterranean Sea as Houthi militants attack tankers in the Red Sea. But tankers have to take a longer and more expensive journey around Africa to the customers in Asia that the Saudis typically supply. watch now VIDEO 2:54 02:54 New shipping attacks spark Middle East escalation fears Squawk Box Europe Saudi Arabia has surged oil exports through a pipeline that stretches across Egypt to the Mediterranean Sea, as Riyadh looks for alternatives to the Red Sea since Iran's Houthi allies declared a maritime embargo of the kingdom. Oil exports from Egypt's Mediterranean port of Sidi Kerir have more than doubled to about 2.3 million barrels per day in August compared to around 1 million bpd last month, according to data provided by the trade intelligence firm Kpler. Bu özet bilgilendirme amaçlıdır, yatırım tavsiyesi değildir. — hisseonlinebot