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

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

Key Points

Chinese Oil Tanker U-Turns in Red Sea After Houthi Attack Threat A very large crude carrier has made a U-turn in the southern Red Sea after warnings from Houthi rebels in Yemen that they would target ships heading to or from Saudi ports. The VLCC Xin Long Yang left the port of Yanbu on Monday, hauling about 2 million barrels of Saudi crude to China. It came to a halt before reaching the Yemeni border on Tuesday morning and was last seen heading north.

Chinese Oil Tanker U-Turns in Red Sea After Houthi Attack Threat A very large crude carrier has made a U-turn in the southern Red Sea after warnings from Houthi rebels in Yemen that they would target ships heading to or from Saudi ports. The VLCC Xin Long Yang left the port of Yanbu on Monday, hauling about 2 million barrels of Saudi crude to China. It came to a halt before reaching the Yemeni border on Tuesday morning and was last seen heading north.
Chinese (ORG) Red Sea (LOCATION) Houthi (ORG) Yemen (LOCATION) Saudi (ORG) Yanbu (LOCATION) China (LOCATION) Yemeni (ORG)
Originally published by Bloomberg Markets Read original →