Saudi crude exports from Yanbu on the Red Sea have dropped 41% since March, and Houthi tanker strikes now threaten the route.

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…

The attack on ships in the Red Sea threatened to expand the conflict and severely impact global oil supplies already hobbled by the blockade of the Strait of Hormuz.