BP will pause all of its shipments through the Red Sea effective immediately due to a series of attacks on trade vessels by Houthi rebels in Yemen, the company announced Monday.
The oil giant is the latest major company to announce a pause in shipments, following in the footsteps of Maersk, which had a vessel targeted by anti-ship missiles last week. The Iran-backed Houthi rebels have sought to disrupt trade in the region in an effort to halt Israel’s war against Hamas.
“The safety and security of our people and those working on our behalf is BP’s priority,” BP said in a statement. “We will keep this precautionary pause under ongoing review, subject to circumstances as they evolve in the region.”
The U.S. Navy has sought to establish a coalition to protect trade through the Red Sea in recent weeks. USS Carney and USS Mason have already shot down multiple Houthi drones and deterred fast-attack vessels from approaching trading ships.
BP pauses oil tanker traffic through Red Sea amid Houthi rebel attacks (foxbusiness.com)
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