Red Sea tensions delay oil shipments from Saudi Arabia, Iraq

Crude oil shipments (CL=F, BZ=F) from Saudi Arabia and Iraq — totaling 9 million barrels — face delays stemming from shipping diversions amid escalating Red Sea conflicts, according to a Bloomberg report. Yahoo Finance Senior Reporter Ines Ferré monitors oil futures prices as tensions from Yemen Houthi rebel forces deter movement through international trade routes.
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