Posted by John Donovan 16 Jan 24
In a move that’s less ‘brave explorer’ and more ‘cautious cat’, Shell, the British oil giant, has reportedly paused its Red Sea fiesta, halting all shipments through this aquatic party zone. Why? Because the Houthi rebels from Yemen have decided to be uninvited party crashers, targeting commercial vessels on this crucial global trade route.
The Wall Street Journal spilt the tea first, citing those ever-mysterious ‘unnamed sources’. When FOX Business tried to get the lowdown from Shell’s office for the Americas, they were met with radio silence. And, in true secretive fashion, the Journal says Shell declined to comment. Talk about playing hard to get!