Tensions rise as oil tankers turn back in Red Sea

Oil tankers change course in Red Sea amid Houthi threats as U.S.-Iran tensions escalate and ceasefire talks resume

Two Saudi crude oil tankers have turned back in the Red Sea after renewed threats from Yemen’s Houthi rebels, highlighting growing risks to one of the world’s most important energy shipping corridors.

With reports of a tanker struck in the Strait of Hormuz and fears the Houthis could further disrupt maritime traffic, markets are watching closely for any impact on global oil supplies and energy prices.

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