The Houthis Take Perim and Petroline Is Hit as Freight Rates Cross $1 Million a Day

At a Glance Operational Overview Saudi Arabia’s workaround to the partial closure of the Strait of Hormuz came under direct attack last week. Saudi Arabia diverted crude to the Red Sea port of Yanbu via the East-West pipeline. On September 10, a pumping station on the pipeline was attacked and preemptively shut down.