Tankers carrying Saudi crude for India, China make a U-turn in Red Sea on Houthi threats
Three tankers transporting Saudi crude oil for India and China reversed course in the Red Sea due to threats from Houthi forces. The vessels, initially headed towards their destinations, redirected towards the Suez Canal to avoid potential disruptions along the Yemeni coastline. This incident raises concerns about oil supply stability in the region, impacting global oil markets.