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Business

Saudi Arabia redirects oil exports away from Strait of Hormuz

Saudi Arabia has redirected its oil exports away from the Strait of Hormuz, the world's most important energy chokepoint. The move highlights the fragility of Gulf energy supplies, as most other producers in the region still lack a reliable backup route for their crude. The Strait of Hormuz is a narrow waterway between the Persian Gulf and the Gulf of Oman, through which a significant share of global oil shipments pass. Saudi Arabia's shift is seen as an attempt to reduce dependence on that route, but the limited alternatives available to other Gulf states mean the region remains vulnerable to any disruption. No further details were provided about the new export route or the timeline of the change.

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