Red Sea-origin light ends (gasoline/blending components, naphtha and NGLs) passing through the Bab-el-Mandeb have dropped by over a third as of July 28 after hitting a Vortexa dataset high (2016-2026) of 1.6mb on July 6 as supply constraints extend beyond the Middle East Gulf and into the Red Sea. Since Saudi-origin seaborne exports accounted for ...