Costs have jumped by as much as 70% as carriers reroute flights around closed airspace, deal with fuel surcharges and address war-risk insurance

The reassessments could lead to delaying some overseas investments, reconsidering sponsorship commitments and selling state assets

Saudi pipelines that bypass the Strait of Hormuz to reach export terminals on the Red Sea can help keep oil moving if shipping disruptions worsen

To protect its oil tankers, Aramco has stopped loading crude from Gulf terminals and is sending shipments by pipeline to the Red Sea port of Yanbu

War risk could leave businesses worldwide facing months of higher fuel prices, as suppliers grapple with damaged facilities and disrupted logistics