WorldHouthi Threats Force Saudi Tankers to Reroute Around Africa

Houthi threats are disrupting Saudi oil logistics by pushing tankers away from the Red Sea and around Africa, adding substantial time and cost to voyages. The US is preparing a major plan to isolate Iran’s economy, while China says it is monitoring developments and remains committed to talks. US-Canada trade negotiations have collapsed after Washington imposed 50% tariffs on hundreds of Canadian imports.