RiyadhSaudi Arabia’s only Hormuz bypass has shut.
Without it, Riyadh’s crude has no way out that avoids a contested strait.
Brent traded near $131 a barrel as of September 15, up 28% in a week.
The 1,200km line moves 7 million barrels daily, and Riyadh aims to restore half within days.
Sources: Bloomberg Business, Investing.com