HOUSTON, July 21 : 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 U.S.-Israeli war wi

CAIRO (AP) — Yemen's Iranian-backed Houthi rebels on Monday announced they are imposing a maritime embargo against Saudi Arabia in retaliation for a blockade on Yemen and a recent…

Satellite view of the Bab el-Mandeb Strait is a vital trade route linking the Red Sea, Gulf of Aden, Arabian Sea, Suez Canal, and Mediterranean.Gallo Images | Orbital Horizon |…

By Nayera Abdallah, Eman Abouhassira and Enas AlashrayDUBAI/CAIRO, July 20 (Reuters) - Yemen's Iran-aligned Houthis said on Monday they were imposing a naval blockade on Saudi…

The Houthis said their decision to declare a maritime embargo was in response to what they called “an unjust and oppressive siege” imposed on Yemen by the Saudis.

After the Strait of Hormuz disruptions, a fresh threat to the world's oil supply has emerged with the Iran-backed Houthi movement in Yemen announcing a maritime blockade against…

The Iran-backed group said the maritime embargo on the Gulf's biggest crude exporter would be effective immediately.

Oil prices could climb above $115-$120 should flows be disrupted, consultant says; Saudi crude shipments to Asia could face longer routes; Asian refiners could face delays of…

CAIRO — Yemen's Iranian-backed Houthi rebels on Monday announced they are imposing a maritime embargo against Saudi Arabia in retaliation for a blo...

Houthi rebels block Saudi shipping in the Red Sea. Targeting shipping by July 31 at 49.5% YES; by August 31 at 62.5% YES.

The Houthis on Monday declared a naval blockade against Saudi Arabia, opening a potential new front against the United States in its war with Iran and raising the threat to global…

A Houthi blockade could disrupt Saudi oil flows through the Bab el-Mandeb Strait, leaving Asian buyers with fewer options.

The Houthis previously announced that a naval blockade on Saudi Arabia had been imposed

A successful effort to shut the Bab el-Mandeb Strait would strike at one of the world’s most important oil shipping routes

By Jana Choukeir, Nayera Abdallah and Elwely ElwellyDUBAI, July 21 (Reuters) - Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats…

Two oil tankers carrying Saudi crude for India and China changed course. Houthi militia warned shipping companies against loading or unloading cargo at Saudi ports. This…

ALBAWABA- Two Saudi crude oil tankers changed course on Tuesday and headed toward the Suez Canal after the Houthi movement announced a maritime blockade

Houthi attacks are expanding the Middle East conflict into the Red Sea, forcing tankers to reroute and pushing Brent above $91 amid growing fears of prolonged supply disruptions.

If shipping through the Bab el-Mandeb Strait is disrupted Saudi Arabia would face increased security costs and reduced flexibility in export shipments, Ahmed Nagi added

Saudi tankers reroute via Cape of Good Hope due to Houthi blockade threats. WTI reaching $110 in July 2026 at 1.8% YES.

By Jana Choukeir, Nayera Abdallah and Elwely ElwellyDUBAI, July 21 (Reuters) - Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats…