BP Leads Oil Majors in Rerouting Ships Away from Red Sea ...Middle East

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BP Leads Oil Majors in Rerouting Ships Away from Red Sea
Oil and fuel tankers passing through the Bab el-Mandeb strait in the Red Sea have declined in numbers significantly following the string of vessel attacks from the Yemeni Houthis. According to Bloomberg tracking data, since the start of this week only 30 tankers have passed through the chokepoint, which is one of the busiest globally. That’s a 40% decline from the average for the previous three weeks, the news outlet noted. The Houthis who control most of Yemen started targeting vessels sailing in the Red Sea earlier this month demanding…

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