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NEWS INTELLIGENCE ARCHIVE
23 JUL 2026 THURSDAY
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Korea is weighing the Suez Canal as a fallback route for crude oil imports should a worst-case scenario materialize — namely, a full blockade of the Red Sea by Yemen’s Houthi rebels as the U.S.-Iran conflict intensifies. However, experts warn this route is the least economical option and ultimately unsustainable. Rounding Africa’s Cape of Good ...
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news Hellenic Shipping News ·2026-07-23

As Red Sea blockade threat grows, Korea weighs Suez Canal as crude import route of last resort

Hellenic Shipping News
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