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Macro Finance

China Tankers Reach Red Sea Chokepoint Despite Houthi Threat

Bloomberg Markets·July 23, 2026·1 min read

Two China-owned oil tankers loaded with Saudi Arabian crude remained on course to exit the Red Sea via the Bab el-Mandeb chokepoint, despite overnight Houthi attacks on vessels in the region. The tankers continued their journey undeterred, highlighting ongoing shipping risks in the strategic waterway amid regional conflict.

Read at Bloomberg Markets
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