Export Routes Tighten as Saudi Crude Supply Drops
Saudi Arabia redirects barrels to Yanbu to avoid Hormuz Strait.
Kpler data shows March exports down to 4.355 million bpd from 7.108 million bpd in February.
Sinopec plans to load 24 million barrels from Yanbu this month.
SAMREF refinery loadings briefly disrupted on Thursday.
Saudi Arabia slashed crude production by 2.5 million bpd.
Yanbu is the only open route for Saudi Arab Light crude.
Concern over Bab el-Mandeb Strait after Houthi attacks.
3 hours ago