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.

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…

Houthis declared a maritime blockade against Saudi Arabia on July 20, 2026, sending tankers into U-turns and threatening oil prices above $100

Shipping disruptions are emerging in key Middle East oil transit routes. Concerns are rising as vessels alter voyages due to security risks. The Strait of Hormuz and Red Sea are…