Saudi Oil Tankers Reroute Around Africa to Avoid Houthi Threat

Empty Saudi oil tankers have turned away from the Red Sea chokepoint Bab el-Mandeb in the Arabian Sea, heading south around Africa in a western direction to bypass regional security threats, according to vessel-tracking data monitored by Bloomberg. The unusual maritime diversions follow Houthi threats to Saudi shipping and actual attacks on tankers, prompting Saudi … Read more