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Houthi Attacks: BP Pauses all oil thru Red Sea.


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#1 Rogerdodger

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Posted 18 December 2023 - 03:10 PM

CNBC Television:

Dec 18, 2023 Oil giant British Petroleum has paused all of its shipments in the Red Sea after a series of Houthi attacks on ships transiting the area over the past month. Shipping giants MSC, Hapag-Lloyd, CMA CGM and Maersk have all suspended shipments following the attacks. Brent Crude prices rallied shortly after BP's announcement.