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Oil Tankers Turn Back in Red Sea After Houthi Attack Threat

Bloomberg Markets·July 21, 2026·1 min read

Three oil tankers made U-turns in the southern Red Sea after warnings from Houthi rebels in Yemen that they would target ships heading to or from Saudi ports. The threat disrupted maritime traffic in the region, raising concerns about potential supply chain disruptions and increased shipping costs.

Read at Bloomberg Markets
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