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The Economic Times
The Economic Times
National

More tankers turn back as Houthi threat rattles Red Sea oil trade

London: Five tankers changed course in the Red Sea on Wednesday, ​with two signalling the Suez Canal as their new destination after Yemen's Houthi militia warned ships to avoid sailing to Saudi Arabian ports, ship-tracking data showed.

The Iran-aligned Houthis on Monday declared a naval blockade against Saudi Arabia, opening a potential new front against the United States in its war with Iran and raising the threat to global energy supplies and trade beyond the Gulf.

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