Shell reportedly suspends all Red Sea shipments amid Houthi attacks

The Shell logo is at a gas station in London, on January 20, 2016. (AP Photo/Kirsty Wigglesworth, file)
The Shell logo is at a gas station in London, on January 20, 2016. (AP Photo/Kirsty Wigglesworth, file)

British oil major Shell suspended all shipments through the Red Sea indefinitely after US and UK strikes on Yemen’s Houthi rebels triggered fears of further escalation, the Wall Street Journal reports, citing people familiar with the decision.

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