Yanbu Port
2 stories
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worldIran Seals Strait of Hormuz, Global Oil Supply Chain at Risk
Iran's closure of the Strait of Hormuz blocks 20% of global crude transit, spurring Gulf states to fast-track alternative export routes.
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worldSouth Korea to Deploy Ships to Avoid Oil Disruption
South Korea plans to dispatch five ships to Saudi Arabia’s Yanbu port to circumvent Hormuz amid oil price surge from US-Israeli attacks on Iran.