Reuters published on 28 August 2024 an article titled "Red Sea Insurance Nearly Doubles after Attacked Oil Tanker Appears to Leak Oil" by Johathan Saul and Mohammed Ghobari.
Yemen's Houthi rebels attacked and set on fire recently a Greek-flagged oil tanker in the Red Sea carrying a cargo of one million barrels of crude oil. It appears to be leaking oil and could have grave environmental consequences along the shores of the Red Sea. Insurance companies have almost doubled the rates for shipping through the Red Sea.
Comment: If this becomes a major oil spill, one of the most affected countries would be Yemen. What are the Houthis thinking?
