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Saudis Oil Logistics Roiled Again by Houthis’ Red Sea Threat

Saudi Arabia is yet again being forced to overhaul how its oil gets to customers around the world as Yemen’s Houthis make it harder for Riyadh to use a backup route that’s been vital to the global economy since the Iran war started.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Business

Supply Chain Issues Delaying US Grid Batteries' Installation

Falling prices have made grid-scale storage batteries more attractive, reports Bloomberg. But after decades of stagnant investment, America's grids "are racing to make the upgrades needed to plug them…

  • Supply chain delays cause grid battery installation setbacks in US
  • 750 GW of storage projects await grid connections nationwide
  • California's PG&E faces 4-year lead times for specialized equipment

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