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Looks like the Ras Isa terminal (on the Red Sea to the East )...

  1. plough
    33,883 Posts.
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    29/05/18
    15:04
    Post #: 33354875
    Looks like the Ras Isa terminal (on the Red Sea to the East ) would now be secure think it is near Hodeidah , however guessing the Houthis could still wreck the pipeline from block S1 to it .
    Mind you would only save around $10 .00 a barrel in trucking costs

    https://www.thenational.ae/world/mena/houthi-retreat-signalled-by-sale-of-vehicles-1.734900
    PSA Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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