EXPLAINER: What Houthis' threat to Red Sea shipping could mean for the oil market
Saudi Arabia has diverted more than 70% of its normal daily crude exports to the Red Sea port of Yanbu. That has been a lifeline for the energy market, helping to keep down global oil prices.
REXSON PENEYRA
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Saudi Arabia has diverted more than 70% of its normal daily crude exports to the Red Sea port of Yanbu. That has been a lifeline for the energy market, helping to keep down global oil prices.
