Houthi Threats Force Saudi Oil Tankers to Reroute in Red Sea
Two tankers carrying Saudi crude oil bound for China and India were forced to turn back in the Red Sea after threats from Houthi rebels, who announced a naval blockade on Saudi Arabia. This action has prompted Asian refiners to consider using the Suez Canal for Saudi oil shipments, amid concerns of a widening conflict between the U.S. and Iran.
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Houthi Blockade Could Worsen an Already Fragile Oil Market
With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil exports.
By Jenny Gross, Rebecca F. Elliott and Lisa Friedman
Read full article →Saudi tankers reverse course after Houthi threats
At least four vessels make U-turns after warnings from Yemeni rebels, as fresh threat emerges to Red Sea shipping
Read full article →Saudi condemns Houthi blockade: How will the rest of the world be impacted?
Saudi Arabia has condemned the Houthi naval blockade that could impact oil flow to importers of Saudi oil.
Read full article →2 tankers carrying Saudi oil reverse course in Red Sea after Houthi threat, amid widening U.S.-Iran war
Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats from Yemen's Iran-aligned Houthis, as a widening Middle East conflict disrupted shipping through two of the world's most critical energy chokepoints.
Read full article →An oil lifeline is under threat, and markets have yet to price in the growing crisis
The Houthis escalated threats on Tuesday, risking millions of barrels of Saudi oil that had been reaching energy markets despite the U.S.-Iran war.
By Claudia Assis
Read full article →2 India-Bound Saudi Oil Tankers Make U-turns Amid Houthi Threats In Red Sea
The changes in direction by the vessels suggest a second potential disruption to a major shipping route from the Middle East that could compound the shortfall in global energy markets, already under crisis due to the closure of the Strait of Hormuz.
Read full article →Asian refiners look to Suez Canal to move Saudi oil
HOUSTON (Reuters) -- Asian refiners are seeking to ship crude oil from Saudi Arabia's Red Sea port through the Suez Canal and around Africa after Yemen's Iran-aligned Houthis said they would impose a naval blockade on Saudi Arabia. The move marks the latest redirection of oil flows due to the US-Israeli war with Iran that has sharply cut supplies, pushing refiners to seek alternative barrels or undertake different routes. Two oil tankers carrying Saudi crude to Asia reversed course in the Red
By The Korea Herald
Read full article →Tankers with Saudi crude turn back as Houthis open new front in U.S.-Iran war
The Houthis, who control much of Yemen including the coast at the mouth of the Red Sea, announced a naval blockade on Saudi Arabia on Monday.
Read full article →Saudi crude tankers turn back as Houthis open new front in US-Iran war
Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats from Yemen’s Iran-aligned Houthis, as a widening Middle East conflict disrupted shipping through two of the world’s most critical energy chokepoints. The diversions came as U.S. forces bombed targets in the south and west of Iran overnight, […]
Read full article →Asian refiners look to Suez Canal to move Saudi oil amid Houthi shipping threats
Read full article →Tankers with Saudi crude turn back as Houthis open new front in US-Iran war
US President Donald Trump says the Houthis have not yet shut the Bab el-Mandeb, the "Gate of Tears" strait leading into the Red Sea, and threatens to act against them if they do
By Reuters
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