Geopolitics
A very large crude carrier has made a U-turn in the southern Red Sea after warnings from Houthi rebels in Yemen that they would target ships heading to or from Saudi ports, reports Bloomberg
StockNow breaking-news AI analysis
A VLCC's Red Sea U-turn highlights escalating Houthi threats against Saudi-linked shipping, driving oil prices higher and surging maritime insurance costs amid a regional supply chain squeeze.
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