Ghana news briefing
Oil prices slip as tankers continue to ply Middle East conflict zones
The Iran-backed group in Yemen said on July 20 that it would impose a naval blockade on Saudi Arabia in the Red Sea, expanding attacks on tankers and opening another new front in the Iran War in a push to also disrupt shipping in the Bab el-Mandeb strait, the second most important oil shipping channel.
Thirty-nine commodity ships passed through the Bab el-Mandeb strait into the Red Sea on Tuesday, the highest number since July 19, with only a few transiting through the Strait of Hormuz, preliminary shipping data showed.-Iran war in February despite efforts to reach a diplomatic breakthrough on the passage of ships through the strait.
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