OilPricegeopoliticaNEUTRALMEDIUM

Six Saudi Oil Tankers Reroute Around Africa to Dodge Houthi Threat

Half a dozen empty Saudi oil tankers have turned away in the Arabian Sea from the Red Sea chokepoint Bab el-Mandeb and headed south around Africa in the western direction, in highly unusual moves for tankers loading crude from the Middle East. All six tankers turned away from…

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