War On Iran: The Saudis’ Alternative Crude Export Outlet Is Also A Trap
Saudi Arabia is trying to avoid damage from the war on Iran by diverting oil exports from the Persian Gulf to the Red Sea through its East-West pipeline. This scheme however will fail at least as long as it takes part in that war.
During the 1980s the rulers of Saudi Arabia feared that another war between Iran and Iraq would close the Strait of Hormuz. In normal times Saudi Arabia would export between 6 to 8 million barrels of crude oil per day through its Persian Gulf side harbors. The closure of the Strait would have threatened all oil export capabilities for Saudi crude.
A pipeline system was build to allow for the divergence of crude from the Saudi east coast in the Persian Gulf to its west coast at the Red Sea….
Due to the recent USraeli war on Iran the Strait of Hormuz was closed. Saudi Arabia immediately reacted by diverting crude from its eastern ports through the East-West pipeline towards Yanbu…
The Saudi rulers have done well with the diversion of oil from the eastern to the western export facilities. This move would have been a winning one if the closure of Hormuz had been caused by a war between Iran and Iraq.
This war however was launched by the U.S. and Israel and, as a U.S. vassal, Saudi Arabia is part in it.
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