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**[Saudi Oil Exports Plummet, Risk of Tanker Attacks from Hormuz Strait to Red Sea Intensifies]** Golden Finance reports that on September 2, due to escalating tensions in the Middle East, Saudi Arabia's observable crude oil export volume last month plunged to its lowest level in at least nine years. Tanker tracking data compiled by Vortexa and Kpler shows that Saudi Arabia's observable crude oil exports in August were approximately 3 million barrels per day, marking the lowest level since early 2017 when records began. This data aligns with assessments from crude oil traders and a source familiar with Saudi oil operations. Saudi vessels in the Red Sea have been attacked by Yemen's Houthi forces, threatening the route Saudi Arabia has long used to bypass the Hormuz Strait. The ongoing attacks have alarmed Saudi Arabia's customers, with some now reluctant to use Saudi ports in the Red Sea. This has forced Riyadh to seek alternative routes around Africa, which not only adds thousands of miles to the journey but also further disrupts the already strained global supply chain, exacerbated by six months of conflict in the region.