Oil prices near $100 a barrel after US attacks Iran and Houthis hit tankers in Red Sea – business live
Live, rolling coverage of business, economics and financial markets as traders fear attacks from Yemen and Iran creating ‘two-chokepoint problem’The Houthi attacks off the coast of Yemen targeted Saudi Arabian tankers, but two Chinese vessels carrying Saudi oil appear to be trying to exit the Bab el-Mandeb strait, Reuters reports.From Reuters:Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil are exiting the Red Sea via the Bab el-Mandeb strait on Thursday, shipping data showed, even as a Saudi vessel came under attack in the region.The ships’ attempt to transit the strait will clearly test how tightly
Source: guardian-world