Oil keeps flowing from Red Sea as Hormuz bypass stays open
- Posted on July 24, 2026
- By Business News Today
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- 1 min read
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Oil keeps flowing from Red Sea as Hormuz bypass stays open
Despite Houthi threats and a declared blockade against Saudi Arabia, oil shipments from Yanbu continue, though many Western tankers are going dark on transponders or rerouting via Suez/Cape of Good Hope to avoid the Bab el-Mandeb strait, adding cost and time to voyages.