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Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructure
Ship traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast. Meanwhile, transit through the Strait of Hormuz stayed low over the weekend. Seven commodity vessels passed through Bab el-Mandeb, the lowest level in months. Red Sea traffic has been disrupted by the Houthis since last week.
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cryptobriefing.com
Houthi actions disrupt Red Sea oil shipments, Bab el-Mandeb Strait remains open
Houthi actions disrupt Red Sea oil shipments, but the Bab el-Mandeb Strait remains open. Closure by September 30 at 23% YES.
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economictimes.indiatimes.com
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…
