Saudi Oil Tankers Divert Red Sea Routes Amid Houthi Threats and Yanbu Port Surge

The rerouting of Saudi crude shipments around the Red Sea to avoid regional security threats has imposed substantial operational and financial costs on maritime supply chains. According to reports from Bloomberg and regional shipping trackers, heightened security concerns across the Bab el-Mandeb strait have forced energy transporters to alter traditional trade corridors, extending voyage durations … Read more