Saudi oil is being rerouted through the Suez Canal as disruptions at Hormuz and Bab el-Mandeb persist. LSEG data cited by Mario Nawfal shows tanker fuel costs r

BWB News TV • 2026-07-24 08:06 UTC • By Billy Odell Tucker-Robinson

Saudi oil is being rerouted through the Suez Canal as disruptions at Hormuz and Bab el-Mandeb persist. LSEG data cited by Mario Nawfal shows tanker fuel costs rising to about $2.87 million from $1.26 million on the alternative route.

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