Skip to content
Back to Guavy Wire
Commodities

Chinese Tankers Outmaneuver Houthi Blockade at Bab el-Mandeb

Instruments
Oil
Share

Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil successfully transited the Bab el-Mandeb Strait on July 23, evading a blockade by Yemen's Houthi militias. The shipment highlights ongoing risks to global energy flows as tensions in the Middle East escalate.

The Red Sea blockade is worsening global energy supply disruption, coming at the same time the key Strait of Hormuz has practically shut due to renewed fighting between the US and Iran. At least two other VLCCs chartered by Unipec and scheduled to enter the Red Sea slowed their advance towards Bab el-Mandeb and were making small circles in the Gulf of Aden.

Two Chinese-flagged tankers, Xin Long Yang and Cosnew Lake, exited the Red Sea via the Bab el-Mandeb strait on July 23. The vessels indicated through their automatic identification system transmitters that there were Chinese crew onboard and they loaded crude at Saudi Arabia's port of Yanbu earlier this week.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc