Red Sea Tanker Traffic Hits Multi-Month Low as Houthi Threat Holds
More than half a dozen empty supertankers are currently en route to Egypt’s Sidi Kerir port to pick up Saudi crude as the world’s top crude oil exporter is re-routing – again – its export tactics to avoid the new threat for the Middle East’s chokepoints, the Bab el-Mandeb in the Red Sea. Since the I
<p>More than half a dozen empty supertankers are currently en route to Egypt’s Sidi Kerir port to pick up Saudi crude as the world’s top crude oil exporter is re-routing – again – its export tactics to avoid the new threat for the Middle East’s chokepoints, the Bab el-Mandeb in the Red Sea. Since the I</p>