The shipping industry is consuming an additional 100,000 barrels per day of fuel to sail longer distances needed to avoid traversing the Red Sea, Vitol Chief Executive Officer Russell Hardy said on Wednesday. Total distance traveled by ships is about 3% more than it was before Yemen’s Houthi group...
https://www.hellenicshippingnews.com/red-sea-crisis-adds-100000-bpd-to-global-fuel-demand-vitol-ceo/