DeFi Intel

Chinese Oil Tanker U-Turns in Red Sea After Houthi Attack Threat

The VLCC Xin Long Yang, carrying about 2 million barrels of Saudi crude to China, reversed course in the southern Red Sea and headed for the Suez Canal, as did the tanker Rodos with 700,000 barrels for India. The Houthis had emailed shipowners warning that vessels calling at Saudi ports may be targeted.

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