Economy
Saudi Arabia Shifts Oil Exports via Strait of Hormuz Following Pipeline Closure
Saudi Arabia has increased crude oil sales from delivery points outside the Strait of Hormuz following the closure of its East-West pipeline.
According to a report by Prachachat Business on September 16, 2026, Saudi Arabia is accelerating crude oil sales in the spot market from delivery points located outside the Strait of Hormuz. This strategic shift follows the closure of the country’s East-West pipeline, which typically serves as a major conduit for oil transport toward the Red Sea.
As part of this adjustment, Saudi Arabia has reportedly agreed to sell approximately 20 million barrels of crude oil to refineries in Asia, with delivery terms requiring buyers to collect the cargo at points outside the Red Sea route.
For residents and travelers in Thailand, this development is primarily significant due to its potential impact on global energy logistics and fuel pricing. While there is no immediate disruption to local supply chains, shifts in oil transport routes can influence regional shipping costs and energy market stability. It remains to be confirmed how long the East-West pipeline will remain closed and whether this change in export logistics will lead to sustained fluctuations in fuel prices across the Asian market. Observers are monitoring the situation to see if further adjustments to global oil distribution networks will be necessary.
