Houthi threats alter two Saudi oil routes
Two Saudi oil tankers changed their routes in the Red Sea following threats from the Houthis, who announced a navigation ban on Saudi Arabia and threatened to attack ships carrying or discharging Saudi oil. This announcement by the Houthis led the tankers to head towards the Suez Canal instead of the Bab el-Mandeb Strait, posing a threat to Saudi oil exports and regional shipping routes. Oil prices rose by more than 2%, with Brent crude staying above $91 per barrel, impacting global energy markets.
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