Even Tankers Carrying Russian Fuels Have Started Avoiding the Red Sea

Some tankers transporting Russian fuels have started to avoid the Suez Canal route to Asia as ship-tracking data shows operators of vessels carrying Russian oil products may have reached the risk tolerance for passing close to Houthi missiles in the Red Sea and the Gulf of Aden. The Red Sea/Suez Canal route is the shortest route for tankers from Russia’s western ports to Asia. Until recently, traders and operators were relatively sure that cargoes of Russian origin wouldn’t be targeted. But last week’s attack on a U.S. and UK-linked…