Yemen Has Plans to Raise Production by 25%

Yemen’s energy minister of the country’s internationally-recognised government,  Aws Abdullah al-Awd, announced that Yemen has plans to ramp up production by 25% to 75,000 barrels of oil per day (bbl/d).

Saudi Arabia Reopens Red Sea Shipping Lane

Saudi Arabia resumed oil shipments through the Red Sea shipping lane Bab al-Mandeb.

Bab al-Mandeb Closure has Limited Impact on Shipments: Kuwait

The temporary closure of the Bab al-Mandeb strait has a limited impact on Kuwaiti oil shipments as only 10% pass through the strategic shipping lane, Kuwait News Agency (KUNA) revealed on July 26.

Saudi Arabia Halts Red Sea Shipments After Houthi Attack

Saudi Arabia is “temporarily halting” all oil shipments through the Red Sea due to an attack on two oil tankers by Yemen's Houthi movement.

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