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Shell Suspends Red Sea Transit Amidst Rising Security Concerns

Shell Suspends Red Sea Transit Amidst Rising Security Concerns: British oil giant Shell has made the strategic decision to indefinitely halt transit through the critical Red Sea shipping route due to mounting fears of attacks following recent airstrikes by the US and UK on Yemen's Houthi rebels, as reported by the Wall Street Journal on Tuesday. Escalating Security Concerns Prompt Shell's Decision Sources familiar […]

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