Published Mar 13, 2026, 11:00 AM ET · Updated 8 months ago · 1 source

Supertankers Build Up in Red Sea as Saudi Races to Bypass Hormuz

B
bloomberg
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Original Report

Saudi Arabia’s race to bypass the Strait of Hormuz has led to a buildup of oil supertankers waiting off the kingdom’s Red Sea coast to collect cargoes, as Riyadh tries to overcome unprecedented disruption caused by the Iran war.