Houthis Don’t Need To Sink Tankers Anymore; Saudi Arabia Has A MUCH Bigger Problem!

Right, so Saudi Arabia now seems to be preparing for more Houthi attacks, chiefly they’re worried about their energy infrastructure, ports and airports.All the parts you only start to notice when someone begins connecting the dots with cruise missiles.And this comes just as Saudi-backed forces in Yemen have suffered heavy losses, at least 30 killed and more than 50 wounded.But strangely enough, I don't think the explosions are even the most important part of this story anymore, because while everyone is focused on the missiles and the attacks and the tit for tat, we should be looking at what’s happening with more and more tankers.Six Saudi-flagged supertankers change their routes. Not risking it. Not worth it.And if that’s the thinking, then the Houthis no longer have to sink a single tanker anymore, do they?If you can make the shipowner decide, "No, not going there today," you’ve already achieved something.The cargo gets delayed.The route shifts.The insurance shifts.The costs shift.The customer waits.Nobody needs to stand on the shore waving a giant Houthi-operated STOP sign. The ship has already decided for you.