Middle East turmoil is redrawing global oil routes in Africa’s favour, sending more vessels around the Cape of Good Hope and strengthening the continent’s ports and maritime service centres, a shift now reinforced by Saudi crude tankers bound for India and China making U-turns in the Red Sea following Yemen’s Houthi warning

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.

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…