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NBC/Reuters: Saudi Arabia suspends oil shipments through Red Sea strait after Houthi attack
The route is used by tankers heading from the Middle East through the Suez Canal to Europe.
Saudi Arabia said Thursday it was "temporarily halting" all oil shipments through the Red Sea shipping lane of Bab al-Mandeb — one of the most important tanker routes in the world — after an attack on two ships by Yemen's Iran-aligned Houthi militants.
Saudi Energy Minister Khalid al-Falih said the Houthis attacked two Saudi vessels Wednesday morning, one of which sustained minor damage.
The strait, where the Red Sea meets the Gulf of Aden in the Arabian Sea, is only 12 miles wide, making hundreds of ships potentially an easy target.
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More News On Saudi Arabia "Temporarily Halting" All Oil Shipments Through The Red Sea
Oil rises on U.S.-EU trade talks, Red Sea shipping suspension -- Reuters
Oil prices climb as Iran-backed Houthi rebels attack Saudi Arabian tankers -- Business Insider
Saudi Arabia WAR THREAT: Oil tankers BOMBED – Saudis BAN exports through Red Sea straits -- Express
Saudi Arabia halts oil shipments through key waterway after attack on tanker -- RT
Factbox: Saudi Arabia suspends oil shipments through Red Sea strait -- SPGlobal
Iran’s Yemeni Proxies Put Oil Shipments in Crosshairs -- Foreign Policy
What if Iran can’t export cheap oil to China because the US destroyed some well heads and export terminals? Then China had to pay market rates. Iran would be put to heel quickly.
ReplyDeleteAnon,
ReplyDeleteOf course China could negotiate in good faith with the US regarding trade. We could contain Iran quickly with the help of Russia and China. The US should be able to make up for the loss in supply from Iran. This would be a win/win all the way around with the added bonus of the genocidal Iranians are contained once and for all hopefully.