#saudiroutesoilexportsviasuez
What a disruption to Bab-El-Mandeb means in numbers...
At risk: ~2.5 mb/d of
Saudi crude oil exports
from Yanbu heading to Asia, south through "the Bab"
Distance: From ~8,000 mile trip turns into an ~18,000 mile trip
Delays: From a 22-day trip, to a 50+ day trip (NOT including any potential delays while transiting the Suez canal and SUMED pipeline).
Not to mention freight and fuel costs...
$W
$ETH
$ETC
What a disruption to Bab-El-Mandeb means in numbers...
At risk: ~2.5 mb/d of
Saudi crude oil exports
from Yanbu heading to Asia, south through "the Bab"
Distance: From ~8,000 mile trip turns into an ~18,000 mile trip
Delays: From a 22-day trip, to a 50+ day trip (NOT including any potential delays while transiting the Suez canal and SUMED pipeline).
Not to mention freight and fuel costs...
$W
$ETH
$ETC
