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Saudi Arabia's $5 Oil Detour Is Expensive... But Worth It
Saudi Arabia's $5 Oil Detour Is Expensive... But Worth It
Authored by Leon Stille via OilPrice.com,
Rerouting Saudi crude to Asia via Yanbu, Egypt’s SUMED pipeline and the Cape of Good Hope may add around $5 per barrel and up to four weeks to a voyage.
That premium is small compared with the economic damage caused by losing access to Hormuz or Bab el-Mandeb altogether.
Saudi Arabia’s alternative export infrastructure is not a temporary workaround but a strategic asset—although it cannot replace the kingdom’s wider need to diversify beyond oil.
The latest Saudi oil...
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92% Of Illegal Arrivals At Spain's Canary Islands Are Men, And Half Of 'Unaccompanied Minors' Are Adults
92% Of Illegal Arrivals At Spain's Canary Islands Are Men, And Half Of 'Unaccompanied Minors' Are Adults
Authored by Thomas Brooke via Remix News,
A European Parliament fact-finding mission to the Canary Islands has revealed that around half of migrants who claimed to be unaccompanied minors upon arrival were ultimately determined to be adults.
The Committee on Petitions conducted the visit in September 2025 to assess the impact of illegal immigration on the Spanish archipelago. According to a draft report from earlier this month, prosecutors informed MEPs that “among approximately 1,500 unaccompanied...
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