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04 AUG 2026 TUESDAY
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The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen's Iran-aligned Houthis attacked at least one tanker overnight, sources said.The Houthis said their forces had carried out missile and drone strikes on Saudi oil tankers…
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news MarineLink ·2026-07-23

Shipping Insurance Costs for Red Sea Voyages Surge After Houthi Attacks

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