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Saudi crude exports have plunged 74% as the Red Sea route tightens, disrupting flows into Asia, according to commodity investor Alexander Stahel. Surviving barr
BWB News TV • 2026-08-09 20:16 UTC • By Billy Odell Tucker-Robinson
Saudi crude exports have plunged 74% as the Red Sea route tightens, disrupting flows into Asia, according to commodity investor Alexander Stahel. Surviving barrels now face a $3-$4 a barrel Suez detour, while West African crude demand remains limited.
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