Anchor News
Asia

Tankers divert to Egypt as Houthi threat upends Red Sea trade

The Saudi export hub became crucial after the Iran war started, allowing the kingdom to bypass the Strait of Hormuz.

Anchor News
- 1 min read
Tankers divert to Egypt as Houthi threat upends Red Sea trade

A ship off the port of Aden, where traffic remained steady after the Iran-aligned Houthis said their forces had carried out missile and drone strikes on Saudi oil tankers, in Aden, Yemen, on July 23. | REUTERS

Jul 28, 2026

Empty supertankers are heading to Egypt’s Mediterranean port of Sidi Kerir to collect Saudi crude as observable traffic at the kingdom’s key Red Sea export hub dwindles following threats from Houthi militants.

At least eight very large crude carriers are signaling Sidi Kerir and are set to arrive in the coming weeks through to mid-August, ship-tracking data shows. State-owned Saudi Aramco has been offering more oil from the Egyptian port after Iran-backed Houthis struck a vessel in the Red Sea last week.

There were no tankers observed at the Saudi port of Yanbu in the Red Sea early Tuesday, although vessels might have picked up cargoes with their transponders switched off to avoid detection. The export hub became crucial after the Iran war started, allowing the kingdom to bypass the Strait of Hormuz by piping million of barrels a day to its west coast for export to global customers.

In a time of both misinformation and too much information,
quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

Related

More Asia