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Tensions rise as oil tankers turn back in Red Sea
Oil tankers alter course in Red Sea amid Houthi threats; U.S. strikes on Iran escalate tensions as ceasefire talks continue.
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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