Red Sea shipping crisis

Red Sea Shipping Slows After Houthi Attack On Saudi Oil Sites, Data Shows

Eleven commodity vessels passed through the Bab el-Mandeb strait on Sunday, the lowest level in months

Hormuz-Red Sea double whammy for India

India's energy security remains highly vulnerable to disruptions at the Strait of Hormuz and the Red Sea, with a simultaneous closure of both chokepoints capable of pushing Brent crude prices to USD 130-135 per barrel, according to a report by CareEdge Ratings released on July 29, 2026.40% of crude imports at riskAround 40% of India's crude oil imports and a significant share of its LNG and LPG supplies depend on the Strait of Hormuz, the rating agency said. Brent crude had already peaked at around USD 115 per barrel in May 2026 following disruptions at the strait, and currently stands at USD

Saudi seeks coalition to secure Red Sea shipping

A Qatar LNG tanker finally exits Hormuz Strait

Oil Prices Ease By 1% As Tankers Continue Passing Through Bab el-Mandeb Strait

Two tankers carrying Saudi oil for India exit Red Sea by going 'dark': Report

The tankers are the first evidence of vessels carrying Saudi crude for India going dark by turning off their transponders.

After Houthi Threats, Saudi Arabia Launches Alliance To Secure Red Sea Route

The maritime artery is critical for delivering big quantities of Saudi crude to international market.