Saudi Arabia Dodged Iran. Then This Was Waiting
Right, so two Saudi oil tankers, carrying 2.7 million barrels of crude and all the optimism of a doomed road trip, were steaming towards China and India until they suddenly pulled a U-turn in the Red Sea as if they’d just remembered they left the iron on. Why? Because the Houthis spoke up and warned that Saudi-linked shipping was now fair game if it tried to head south through the Bab-el-Mandeb Strait, and the people in charge of these floating oil piñatas decided that tempting fate with millions of barrels was a spectacularly bad way to find out if Yemen was bluffing. Well we all know the…
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