Oil Prices and Persian Gulf Markets | 20 October 2026
Iran, the Strait of Hormuz, Bab el-Mandeb and alternative oil export routes.
Oil prices are only part of the energy bill. Shipping, insurance and delivery delays can also affect business costs and the prices customers pay.
In this report, Amir Marashi explains Saudi Arabia’s East–West Pipeline and the UAE’s Habshan–Fujairah Pipeline—routes that carry some oil to export ports without passing through the Strait of Hormuz.
He also explains why Bab el-Mandeb matters for oil travelling from the Red Sea towards Asian markets.
Based on the latest available reporting from 19 October and earlier pipeline information.
Amir Marashi
Doctor of Business Administration Candidate
Business Consultant in Sydney, Australia
Host of Elite Talks
www.amirmarashi.com
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Oil Prices and Persian Gulf Markets | 20 October 2026
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