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Oil keeps flowing from Red Sea as Hormuz bypass stays open
Despite Houthi threats and a declared blockade against Saudi Arabia, oil shipments from Yanbu continue, though many Western tankers are going dark on transponders or rerouting via Suez/Cape of Good Hope to avoid the Bab el-Mandeb strait, adding cost and time to voyages.
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cryptobriefing.com
Houthis declare Saudi blockade as tankers turn back in the Red Sea
Houthis declared a maritime blockade against Saudi Arabia on July 20, 2026, sending tankers into U-turns and threatening oil prices above $100
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tass.com
Houthi blockade threatens Saudi oil export routes — expert
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
