Red Sea oil spill fears recede after Houthis allow salvage of Greek tanker

Fears of a major oil spill and fresh shipping disruptions in the Red Sea receded Aug. 29 after Iran-backed Houthi militants in Yemen agreed to allow rescue ships to access the Greek oil tanker still burning in the key trade chokepoint. Access to the MV Delta Sounion crude tanker will be granted after “several countries have reached out to ask…Fears of a major oil spill and fresh shipping disruptions in the Red Sea receded Aug. 29 after Iran-backed Houthi militants in Yemen agreed to allow rescue ships to access the Greek oil tanker still burning in the key trade chokepoint. Access to the MV Delta Sounion crude tanker will be granted after “several countries have reached out to ask…Read More