The record
Written from the 1 report below. Nothing here is unsourced.
- Two Saudi oil tankers carrying crude for India and China turned back and rerouted via the Suez Canal after Iran-aligned Houthis threatened to attack ships loading or unloading Saudi oil in the Red Sea and Bab al-Mandab.
- With the Strait of Hormuz already blocked due to the US-Iran conflict, the Red Sea had become the main alternative route for Saudi oil.
- Oil prices rose over 2%, with Brent crude above $91 per barrel.
- US President Donald Trump warned of action if the Houthis close Bab al-Mandab, while confirming 18 American soldiers have been killed so far.
What to watch next
- Whether Houthis follow through on threats to close Bab al-Mandab, which Trump has warned would trigger US action
- Further rerouting of oil shipments and the impact on oil prices and Indian imports
- Escalation of US-Iran fighting, including continued US bombing of Iran and Iranian strikes on US bases
Coverage1
1 report
Indian-language1
All filed from India
Named Saudi Arabia · India · China · Yemen · United States · Iran · Jordan · Iraq · Bahrain · Kuwait · Bab al-Mandab · Brent Crude · Red Sea · Strait of Hormuz · Suez Canal · Yenbu · Donald Trump
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