Red Sea oil supply disruptions have begun! Three tankers carrying Saudi Arabia crude oil that were bound for China and India reversed course in the Red Sea on Tuesday.

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…

A Chinese oil tanker reversed course in the Red Sea after Houthi threats. Bab el-Mandeb Strait effectively closed by September 30 at 21.5% 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…