By Tsvetana Paraskova of OilPrice.com The Houthi threats to shipping in the Red Sea and its chokepoint, the Bab el-Mandeb Strait, have forced at least one oil tanker carrying Saudi crude to Asia to choose the much longer route through the Suez Canal, the Mediterranean, and around Africa.

Attacks on vessels have forced the kingdom to seek longer, costlier routes to Asian buyers

Houthi attacks and threats against Saudi-linked shipping have driven tanker traffic through the Bab el-Mandeb Strait to a multi-month low as shipowners seek to avoid the…