Houthis attack 2 Saudi oil tankers in Red Sea

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New worry for oil market: Tankers carrying Saudi crude for India, China make a U-turn in Red Sea on Houthi threats
On Monday, the Houthis announced a naval blockade on Saudi Arabia, potentially opening another front in the US-Israeli conflict with Iran and increasing risks to global energy supplies and international trade beyond the Gulf region.

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Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning
Yemen's Houthis attack Saudi tankers in the Red Sea, threatening to widen Iran war
July 23, 2026 — Oil tops $100 a barrel, Houthi attack in Red Sea marks new escalation
Iranian Foreign Minister Abbas Araghchi said “seizing another nation’s assets to pay for unrelated future claims is an incendiary precedent” after US President Donald Trump said he will use Iran’s sei...

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Some Attacks and U-Turns, but Ships Sail Red Sea Despite Houthi Blockade
Saudi Arabia-Bound Supertanker U-Turns Before Houthi Chokepoint
Saudi Coalition Strikes Yemen's Houthi-Held Hodeida After Red Sea Tanker Attacks
Saudi Arabia’s main broadcaster, Al Arabiya, said the strikes targeted Houthi facilities and destroyed sites that posed a threat to commercial vessels.

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Tanker switches Asia voyage via Suez amid Houthi warnings, owner says
Trump vows to punish Iran and Houthis for Red Sea attacks as oil surges over US$100

Saudi crude bound for Asia is now being shipped through Egypt's Suez Canal before continuing around Africa.

The combined disruption of the Strait of Hormuz and the Bab el-Mandeb is forcing some shipments to take a circuitous route around Africa's Cape of Good Hope, making voyages longer and $ 2.5 million more expensive.
Al Jazeera on MSN

Can the Suez save Asian oil consumers after Houthis shut Bab al-Mandeb?

About 6 million barrels of crude per day that pass through the strait to Asia are now at risk, experts say.
Investopedia

How Is This Suez Canal Slowdown Different From The Last? Businesses Are Better Prepared

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Photo by AFP via Getty Images Red Sea shipping disruptions have pushed ...