As oil supply chains are adapting to disruptions in the Strait of Hormuz, Houthi attacks on Saudi Arabian ships in the Red Sea threaten this backup shipping route.

The current attacks come at a time when the oil supply chain is already battling repeated and long blockades in the Strait of Hormuz, a critical shipping waterway that carries about 20 per cent of global energy needs.

The Red Sea maritime waterway connects the Suez Canal in the north and the Bab el-Mandeb Strait in the south, carrying about 10-12 per cent of global trade.  

It is not the first time Houthis have attacked commercial ships on this maritime shipping route. Their attacks on vessels in the Red Sea in 2023 and 2024 disrupted global trade for a long time.

In the past few months, the Red Sea has worked effectively as a plan B for oil shipping in response to the closure of the Strait of Hormuz.

Saudi Arabia established........

© The New Daily