energy-and-shipping2.825 min read "Shell and Qatar React to Houthi Attacks: Red Sea Shipments Suspended Amid Gas Supply Warning"
Shell has reportedly suspended all shipments through the Red Sea indefinitely due to ongoing Houthi attacks from Yemen on commercial vessels, following similar moves by BP and Qatar Energy. The attacks have led to concerns about the impact on global trade and consumer goods prices, with Iranian-backed Houthi rebels targeting ships in the Red Sea. The United States and United Kingdom have conducted airstrikes targeting Houthi positions, and the U.S. recently destroyed Houthi anti-ship ballistic missiles in Yemen. Tanker owners are avoiding the Red Sea, and there are warnings for vessels to steer clear of the waterway.
2 years ago•Source: Fox Business
