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Add a month at sea and $2.5 million - what it costs oil tankers to flee Hormuz and Bab el-Mandeb

Add a month at sea and $2.5 million - what it costs oil tankers to flee Hormuz and Bab el-Mandeb

File photo shows ships moving through the Suez Canal, in Ismalia, Egypt, in July 2025. (REUTERS/Mohamed Abd El Ghany) LONDON - With two of its key oil export routes - the Hormuz and Bab el- Mandeb straits - disrupted by Iran and Iran-allied Houthi... Read more.

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