Oil Tankers Reverse Course in Red Sea Following Houthi Naval Blockade Threat

Two oil tankers carrying crude oil loaded in Saudi Arabia for China and India reversed their course in the Red Sea instead of proceeding toward the Suez Canal. This maneuver was reported by Reuters based on data from LSEG, the London Stock Exchange Group. The change in route came after the Houthi movement declared a naval blockade against Saudi Arabia, raising concerns about maritime security in the region.