Supertankers Avoid Red Sea, Head to Egypt for Saudi Oil
📡 Bloomberg Markets · 1 min read ·
Part of composite article Oil Tankers Flee Red Sea, Deliveries Delayed a Month After Houthi Attacks View full article →
Empty supertankers are sailing to Egypt’s Mediterranean port of Sidi Kerir to load Saudi crude. The move signals growing caution among shipowners, who are avoiding waters near Yemen’s Houthi rebels.
The Houthi threat has disrupted shipping in the Red Sea. Tankers now take a longer, safer route to collect oil. This shows how regional tensions are changing global oil transport.