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The Economic Times
The Economic Times
Business

Red Sea shipping slows after Houthi attack on Saudi Arabia, data shows

Red Sea Oil Hormuz Strait of Hormuz Iran Strait

SINGAPORE - Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through the Strait of Hormuz stayed low over the weekend, shipping data from Kpler showed on Monday.

Eleven commodity vessels passed through the Bab el-Mandeb strait on Sunday, the lowest level in months, the data showed.

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