Oil tankers divert from Red Sea after US, UK strikes in Yemen

Published
0

At least four oil tankers have diverted course from the Red Sea since overnight strikes by the US and Britain on Houthi targets in Yemen, shipping data from LSEG and Kpler showed, Reuters reports.

One of the tankers, Toya, a very large crude carrier capable of carrying up to two million barrels of oil, was unladen, the data showed. The other three vessels are fuel tankers.

Oil prices were up over $3 a barrel, or more than 4 per cent, by 1115 GMT, with Brent trading above $80, amid heightened geopolitical risks.

Opinion

Editorial

Expanding conflict
31 Jul, 2026

Expanding conflict

WITH neither of the belligerents willing to back down, and the theatre of conflict expanding geographically, the...
Spoils and spats
31 Jul, 2026

Spoils and spats

A FIGHT over assembly seats in Azad Jammu and Kashmir has laid bare what seem to be some deep resentments between ...
Unfair tax system
31 Jul, 2026

Unfair tax system

THE disclosure that the FBR collected nearly Rs1.9tr in sales and income taxes through electricity bills over the...
Debt that stays
30 Jul, 2026

Debt that stays

THE power sector’s circular debt grew by Rs61bn in the last fiscal year, taking the total to roughly Rs1.67tr from...
HIV warning
30 Jul, 2026

HIV warning

THE HIV infections detected around two SESSI-run hospitals in Karachi demand far more than another hurried committee...
End trafficking
30 Jul, 2026

End trafficking

MODERN slavery, in the form of human trafficking, is among the state’s gravest failures. Scores of Pakistanis are...