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Red Sea Shipping Plummets After Houthi Attacks
27 Jul
Summary
- Bab el-Mandeb traffic fell to its lowest level on Sunday due to Houthi attacks.
- Fewer than 10 commodity vessels transited the Strait of Hormuz daily over the weekend.
- Saudi oil facilities in Jizan and Yanbu were targeted by the Houthis on Saturday.
Ship traffic in the Bab el-Mandeb strait saw a sharp decline on Sunday, hitting its lowest level in months after Yemeni Houthis attacked Saudi oil facilities. This disruption, occurring off the coast of Yemen, expanded the conflict that has already impacted oil supply through the Strait of Hormuz.
Over the weekend, fewer than 10 commodity vessels passed through the Strait of Hormuz daily. On Saturday, only three vessels transited with their transponders switched off, including one heading to Qatar for oil. The Houthi military spokesperson confirmed attacks on Saudi Aramco sites in Jizan and Yanbu on Saturday.
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