← EU Feed

Saudi Oil Exports at Risk as Insurers Pull Red Sea Coverage After Houthi Attacks

Saudi Oil Exports at Risk as Insurers Pull Red Sea Coverage After Houthi Attacks

Source Summary

Major shipping insurers are refusing to sell war cargo insurance to Saudi-linked vessels in the Red Sea after Houthi attacks on two oil tankers this week. The move threatens a key export route that Saudi Arabia relies on while the Strait of Hormuz remains largely blocked. , World News, Times Now

Advertisement
Read Original Article