Chevron, one of the world’s largest oil companies, has changed its route for transporting oil from Kazakhstan to Asia, avoiding the Red Sea where Yemen’s Houthi rebels have stepped up …
Houthi
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The US and UK have launched air and sea strikes on Houthi targets in Yemen, in response to the rebels’ attacks on commercial vessels in the Red Sea. The strikes, …
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The price of oil has risen over 1% in Asian trade on Monday, supported by lower exports from Russia and as attacks by the Houthi rebels on ships in the …