Executive Summary Saudi Arabia’s Dual-Chokepoint Trap Saudi Arabia’s energy-security architecture has passed a decisive threshold. The East–West Pipeline was designed to reduce dependence on the Strait of Hormuz by moving crude to Yanbu on the Red Sea. Yet the exceptional disruption of 2026 revealed a harder reality: logistical redundancy can redistribute risk without eliminating it. … Leggi tutto Yanbu Under Threat: Saudi Arabia’s Red Sea Exposure