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 Houthis have declared a naval blockade on Saudi Arabia, threatening a critical oil export route and adding fresh uncertainty to global energy markets amid escalating regional…

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.

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…