Explainer: Why Saudi Arabia won’t stand down at Yanbu

Gulf terminals are reopening, but the Red Sea bypass built for wartime is running at near-peak alongside them.
(L to R): H.E. Dr. Rumaih Al Rumaih, Vice Minister of Transport and Logistic Services & President of the Transport General Authority (TGA) of Saudi Arabia; H.E. Eng. Saleh Al-Jasser, Minister of Transport and Logistic Services of Saudi Arabia; HRH Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province of Saudi Arabia; and Joshua Divin, ABS Senior Vice President, Marine Business Development

Gulf terminals are reopening, but the Red Sea bypass built for wartime is running at near-peak alongside them and a new toll claim from Tehran and Muscat suggests it may never fully stand down.

This content is locked

Select a CN Premium Subscription Package To Unlock The Content!