State-owned vessels resume loading Saudi crude via an Egyptian pipeline, adding thousands of miles and an extra month to avoid Houthi attacks

Saudi tankers reroute to avoid Gulf of Aden amid Houthi threats. Strait of Hormuz traffic returns to normal by December 31 at 57.5% YES.

Tankers hauling Saudi crude are switching off transponders at Bab el-Mandeb as Houthi threats keep Red Sea oil shipments on edge.