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Saudi Red Sea exports hit record pace while bypassing Hormuz; Houthis say 'fingers on the trigger'

By Bullbit Editorial · March 27, 2026

WhatSaudi Red Sea oil exports have reached a record pace of **4.5 million barrels per day**.
WhyThe surge in exports is due to the kingdom's ability to bypass the Strait of Hormuz, a key shipping route.
SignalThe increased exports have been seen as a strategic move by Saudi Arabia to reduce its reliance on Hormuz and increase its global market share.
TargetThe kingdom aims to reach **5 million barrels per day** in Red Sea exports by the end of **2026**.
RiskThe Houthis have threatened to attack Saudi oil shipments, citing the kingdom's support for Yemen's government as a major concern.