Analysis: Iran war creates new global energy risk beyond the Strait of Hormuz

According to reports citing sources to Reuters, oil loading operations at the Red Sea port of Yanbu have been suspended. This suspension follows recent attacks on Saudi Arabia's energy infrastructure. Furthermore, the kingdom's strategic East-West Pipeline remains offline. Analysts suggest these developments indicate that security risks to the global energy market are expanding beyond the Strait of Hormuz. The situation has heightened concerns regarding the stability of energy supplies amid tensions linked to Iran.