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Two Chinese supertankers with Saudi oil exit Red Sea
SINGAPORE: Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil exited the Red Sea via the Bab El-Mandeb strait on Thursday, shipping data showed, apparently escaping a blockade on shipments of Saudi oil by Yemen’s Houthi militias even as other Saudi vessels came under attack. The Red Sea blockade by the Iran-aligned Houthis is worsening global energy supply disruption, coming at the same time the key Strait of Hormuz has practically shut due to the resumption of fighting between the US and Iran.
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cryptobriefing.com
Houthi rebels block Saudi shipping in Red Sea, oil price spike feared
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.
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Chinese oil tanker reverses course in Red Sea after Houthi threat
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.
