Two Saudi Crude Tankers Turn Around After Houthi Threats
The Houthis said ships loading or discharging Saudi oil could be targeted, and ship-tracking data showed at least two tankers turning back.
- Two crude oil tankers, the Xin Long Yang and the Rodos, rerouted toward the Suez Canal on Tuesday after the Houthi movement announced a naval blockade targeting Saudi Red Sea ports.
- The group declared the maritime embargo on Monday, claiming it as a retaliatory response to Saudi Arabia's long-standing blockade of Yemen's ports and airports.
- Shipping data indicates the vessels were transporting about 2 million barrels of crude to China and 700,000 barrels to India, while threats warned that ships using Saudi terminals could face attack.
- British maritime security firm Ambrey advised vessels to reconsider transiting the region, while industry sources reported war-risk insurance premiums for Saudi ports had risen.
- This disruption strains a vital energy corridor used to bypass the Strait of Hormuz, as recent U.S. strikes on Iranian military sites escalate the broader regional conflict.
54 Articles
54 Articles
Oil prices rise AGAIN as Yemen's Houthis threaten shipping tankers using Saudi ports
Oil prices have surged once again as the global economy braces for another potential geopolitical crisis in the Middle East.The cost of crude oil climbed by 2.6 per cent to around $84.7 per barrel following Yemen's Houthi militia's threats against shipping companies.The group has warned that tankers calling at Saudi Arabian ports face attack as the militia moves to enforce a naval blockade declared on Monday.This threat exacerbates an already vo…
In the Iran war, a second front threatens: from Yemen, the Huthis target ships in the Strait Bab al-Mandab. The US President believes that intervention is possible.
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Meanwhile, several oil tankers stopped or turned around in the Red Sea following threats from Houthi militants, raising fears about new obstacles to global shipping.
Two Tankers Full of Saudi Oil Just Turned Around in the Red Sea — and the Houthis Didn’t Have to Fire a Single Shot
Two tankers loaded with Saudi crude reversed course in the Red Sea — without being fired on — after the Houthis threatened any ship calling at Saudi ports. The blockade doesn't need to sink tankers to work, one analyst argues; the real danger is a tanker fleet stretched too thin to absorb a second chokepoint.
India-bound Saudi crude tanker makes U-turn in Red Sea after Houthis' warning
A Saudi crude tanker bound for India turned back in the Red Sea after a Houthi warning. It comes after the Houthis declared a naval blockade against Saudi Arabia and warned shipping companies not to load or unload cargo at Saudi ports.
Two oil tankers transporting Saudi oil to Asia changed their course, Tuesday, in the Red Sea, following threats from Yemen's Houthi movement, aligned with Iran, in the context of the Middle East conflict disrupting maritime transport through two of the world's most critical energy transit points, Reuters reports.
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