Saudi Red Sea oil exports go 'dark' as Houthi attack threat grows

Saudi crude exports are vanishing from view as tankers switch off tracking signals. This Houthi threat is creating wide discrepancies in Saudi export estimates. All recent Yanbu crude loadings have been conducted without visible tracking signals. Meanwhile, Saudi crude loadings from Egypt's Sidi Kerir have hit record levels. This shift reflects tanker companies altering sailing strategies amid rising war risk insurance.