Earlier in this thread I mentioned the East / West pipeline through the Empty Quarter to KSA Red Sea ports, notably Yanbu. There are reports now in the maritime trade press of a large number of Chinese VLCCs heading for the Red Sea and, if I remember correctly, some of the Yanbu facilities are at least partly Chinese owned.
Add to the equation reports/rumours of Chinese war canoes in the Indian Ocean and the threat of Houthi attack and things in the Red Sea may well become interesting.
Also 2 million bbl up for auction fob at Yanbu. Price might be a tad high. For some background.
https://www.lloydslist.com/LL1156583...ne-contingency
Continuing the maritime theme, it looks as the CVN-77 has finished its workup and, along with CSG-10 is entering - or has already entered - the Mediterranean.