The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen's Iran-aligned Houthis attacked at least one tanker overnight, sources said.The Houthis said their
The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen's Iran-aligned Houthis attacked at least one tanker overnight, sources said.
The Houthis said their forces had carried out missile and drone strikes on Saudi oil tankers, the Encelia and the Layla. This worsened the turmoil for shipping in the region, with the Strait of Hormuz essentially shut down.
Maritime security sources confirmed the strike on the Encelia, off the coast of the southern Saudi port of Jizan, close to Yemen's border.
Reuters could not immediately confirm the attack on the Layla, but U.S. President Donald Trump mentioned two attacks on Saudi tankers.
On Monday, the Houthis declared a naval blockade against Saudi Arabia, opening a potential new front against the U.S. in its war with Iran.
On Thursday, the sources said, indicative war risk premiums for voyages through the southern Red Sea rose to over 1% of the value of a ship from around 0.75% on Tuesday and 0.3% last week before the Houthi announcement, according to the sources, who declined to be identified due to the sensitivity of the matter.
Rates for some shipping companies calling at Saudi ports and
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