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The Economic Times
The Economic Times

Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructure

Red Sea Oil The Red Sea the Strait of Hormuz Hormuz Bab elMandeb Strait VLCC

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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