According to traders familiar with the situation, at least two Asian crude oil buyers are in negotiations with Saudi Aramco to consider re-circumventing the oil transportation route through Africa after the Houthis attacked the Red Sea tanker. The dealer said the refinery is considering an alternative not to use the Strait of Mander. These alternatives might include getting oil from Egypt's Sidi Kerir port in the Mediterranean rather than through Saudi Arabia's Red Sea hub port in Yamb. Traders said that if Asian buyers want to buy crude oil from the Mediterranean, Saudi Aramco may transport the oil from Yanbu to the port of Ain Sokhna in the Red Sea in Egypt and then to the north through pipelines. Another option is for the buyer to be responsible for the logistics transportation in Egypt after picking up the goods from Yanbu. The deal is still ongoing, and no final decision has yet been made.

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