Commodities

Ship-tracking data showed six empty Saudi-flagged supertankers changed course in the Gulf of Aden and were sailing in formation towards southern Africa, with one listing Gibraltar as its destination

StockNow breaking-news AI analysis

Saudi supertankers are rerouting around Africa to avoid Houthi threats in the Red Sea, causing increased costs and logistical bottlenecks as alternative pipeline capacities remain physically limited.

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