Two Weeks Added: Saudi VLCCs Avoid Red Sea, Disrupting Global Oil Supply Chains
Six Bahri-owned VLCCs are bypassing the Bab el-Mandeb chokepoint for a rare Africa voyage, adding at least two weeks to crude delivery times. The Houthi-driven reroute tightens tanker capacity, raises freight costs, and forces oil importers to adjust refinery schedules and inventory buffers.