Oil tankers increase at the lowest rate in 40 years due to disturbances in the Red Sea. Red Sea attacks are increasing pressure on already aging Red Sea tankers, as they increased this year at the slowest pace in four decades.

Oil transportation prices increased significantly and journey times increased, according to the report. The Houthis are attacking ships passing through the southern Red Sea off the coast of Yemen, which they say are Israeli or heading to Israel, in an expansion of the circle of Israeli war on the Gaza Strip.