With two of its key oil export routes — the Hormuz and Bab el- Mandeb straits — disrupted by Iran ​and Iran-allied Houthi militants, Saudi Arabia has to resort

With two of its key oil export routes — the Hormuz and Bab el- Mandeb straits — disrupted by Iran ​and Iran-allied Houthi militants, Saudi Arabia has to resort to exporting oil via Egypt's ‌Suez Canal. The journey would double fuel costs alone to around $2.87 million from $1.26 million for tankers …