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Saudi Arabia Reroutes Oil Exports as Houthi Strikes Target Yanbu
Satellite images gathered by Bloomberg show supertankers with capacity for 14 million barrels at Saudi Arabia's Gulf export terminals over the weekend, the highest tanker count observed since at least June, according to data compiled from the European Union's Sentinel-2 satellite. Overall Hormuz traffic kept falling over the same weekend, nonetheless. Just a dozen commodity vessels crossed the strait, down from 35 a week earlier, and Thursday's crossings totaled four tankers against a 10-day moving average of 16, Kpler data cited by Reuters showed.…
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