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Chinese supertankers carrying Saudi oil are pushing through the Bab el-Mandeb strait despite Houthi blockade threats and recent attacks on Saudi tankers in the Red Sea. The Houthis have targeted two Saudi tankers, causing oil prices to jump. Asian oil buyers are also in talks to reroute Saudi Red Sea flows. The Chinese tankers are heading to the chokepoint for a Red Sea exit, defying the security risks.
by WorldBrief & Maksim Micheliov | AI-generated summary
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