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Oil Tanker Hauling US Crude U-Turns in Red Sea to Dodge Houthis
An oil tanker hired by Norway’s Equinor ASA that came to a halt in the Red Sea six days ago — when Houthi militants stepped up attacks on merchant shipping — has performed a u-turn and is now sailing back toward the Suez Canal. The Sonangol Cabinda is sailing north toward the Egyptian waterway at a speed of 13 knots, according to tanker tracking compiled by Bloomberg. Its dimensions, depth in the water, and prior movements indicate the tanker is holding about a million barrels of US crude. Hundreds of merchant ships have veered away from the Bab-el-Mandab shipping strait, an unavoidable seaway when using the ... (full story)