Logistics (MENA) 
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TODAY: Egypt explores two options to restore Energos Winter + Mubadala loads up on US logistics
What we’re tracking this morning regionally and around the world
TODAY: Is bypassing Hormuz creating a tanker bottleneck?
What we’re tracking this morning regionally and around the world
The world’s emergency oil cushion is mostly spent — just as conflict-driven disruptions keep growing
More than 43% of global oil supply comes from conflict zones, and the reserves built to cover the next shock…
TODAY: Gulf airlines face hidden capacity squeeze + the Hormuz bypass trade faces its first real test
What we’re tracking this morning regionally and around the world
Egypt clears Fujairah’s Mediterranean oil zone
The zone will plug Fujairah’s storage and trading operations into Al Hamra petroleum port in Alamein
DP World makes headway on Port of Tartous, another Egypt route for Jeddah + Turkey prepares its Syria crossings for more trade
Stories on our radar this morning from around the region
TODAY: L’imad moves for full control of AD Ports + A.P. Moller Capital takes over Morocco’s Globex Investissement
What we’re tracking this morning regionally and around the world
Saudi crude through Sidi Kerir more than doubles as Houthi threats hit Yanbu-Asia
Buyers are sending rerouted barrels west, hinting at a deeper disruption
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