Gulf oil exporters eye pipeline routes that could shift up to 11.5 mbd away from Hormuz
AI Market Summary
News highlights Gulf producers accelerating pipeline alternatives to bypass the Strait of Hormuz, with up to ~11.5 mbd potentially reroutable over time (notably Saudi East-West and UAE Fujairah expansions). This reduces medium-term geopolitical shipping risk premia and improves optionality, but the article frames no immediate supply disruption. Near-term impact is mainly on crude risk sentiment and volatility rather than physical balances.
Impact level
● Medium
Affected assets
NCCO1OILBRENT2USD/USDT-0.54%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
● Neutral
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IEA data show 14.95 million barrels per day of crude oil exports transited the Strait of Hormuz in 2025. Iran accounted for about 1.69 mbd and is expected to keep relying on the strait over the long term because it effectively controls the waterway. Of the remaining 13.26 mbd, as much as 11.5 mbd could eventually be rerouted by maximising existing pipeline capacity and completing projects under construction, based on official announcements and industry experts. Before war broke out in late February, Saudi Arabia was already shipping around 2 mbd via its EastWest Pipeline to the Red Sea port of Yanbu.
