Saudi Gulf of Oman Ship Transfers Hit Limit as Export Volumes Surge

⚓ HORMUZ — Saudi exports surge but the main bypass just hit capacity. 📌 LOOK CLOSER: Gulf of Oman STS transfers were Saudi Arabia's primary workaround for Hormuz restrictions. Hitting capacity means no scalable fallback — Red Sea insurance blocks Yanbu, Hormuz is choked. European buyers now face three simultaneous supply constraints. Riyadh's export infrastructure is failing structurally, shortening its own window to push Washington toward a deal.