Two tankers carrying 3 million barrels of Saudi crude successfully exited the Red Sea over the weekend despite the Houthis' maritime embargo.

INTELLIGENCE SUMMARY

Two tankers carrying 3 million barrels of Saudi crude successfully exited the Red Sea over the weekend despite the Houthis' maritime embargo. However, shipping through both the Bab el-Mandeb and Strait of Hormuz slowed as tanker attacks continued, with some vessels rerouting around Africa or switching off their tracking systems. Source: Reuters