BP to pause all tanker traffic in Red Sea over attacks by Houthi militants

Oil giant to temporarily halt transits in Red Sea due to ‘deteriorating security situation’

BP Plc has moved to halt traffic in the Red Sea over security fears. Picture: Getty

Oil giant BP has paused all of its tanker journeys through the Red Sea due to attacks by militants in Yemen.

It said it has witnessed a “deteriorating security situation” for its shipments.

Iranian-backed Houthi militants have stepped up attacks on vessels in the Red Sea in recent days.

The rebels are understood to be targeting ships using the Bab el-Mandeb Strait, with the pro-Hamas group seeking to disrupt ships set for Israel.

On Monday, ...