Tanker diversions from Bab el-Mandeb expose the Red Sea route used to bypass disruption in Hormuz, raising oil, freight and insurance risksCommercial tankers have begun changing course away from the Bab el-Mandeb Strait, Brent crude has risen above $94 a barrel and Asian refiners are examining journeys that could add as much as four weeks [...] The post Houthi Threat Opens Second Front in Regional Shipping Crisis appeared first on The Middle East Observer .
