Crude shipments from Saudi Arabia's Yanbu port near maximum levels amid Houthi tensions

Wait 5 sec.

Saudi Arabia is maximizing oil exports through its Yanbu port this week. Increased loadings at Yanbu reflect rising tensions with Yemen's Houthi militia. The kingdom is also considering pipeline expansion to bypass the Strait of Hormuz. Shipments from Yanbu have averaged over four million barrels daily recently. Concerns exist that Yanbu could become a Houthi target following prior attacks.