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Houthi attacks in the Red Sea disrupt trade. "Shadow fleet" carrying Russian oil is likely safe due to unclear ownership. Western tankers rerouting, raising costs and emissions.
The Trafigura fuel tanker, a significant vessel in the energy supply chain, was reportedly hit in the latest Houthi offensive. The attack not only poses a direct threat to maritime activities in the Red Sea but also raises concerns about the safety and security of vital trade routes crucial for the global flow of goods and energy resources.
In response to recent military actions in the ongoing conflict in the Middle East, Qatar has decided to temporarily suspend its Red Sea tanker operations.