The Red Sea has been the centre of military escalation in the last few weeks with fears of the Israel-Hamas war spreading to neighbouring nations. Yemen's Iran-backed Houthi rebels have targetted commercial vessels in the Red Sea using missiles, drones and helicopters. They claim that the ships they are targeting are linked to Israel, but the major impact of this ongoing crisis has been on global trade as vessels are now avoiding this crucial route.
Red Sea woes unlikely to dent Russia s position as India s top crude supplier | Hellenic Shipping News Worldwide
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India: Crude oil imports from Russia may bounce back in January | Hellenic Shipping News Worldwide
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SP Global Commodity insights: Russian crude demand in India holds firm amidst Red Sea threats
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