BP pauses all Red Sea shipments after rebel attacks

Oil giant BP has announced it is pausing all shipments of oil through the Red Sea after recent attacks on vessels by Houthi rebels. On Monday, one of the world's largest shipping firms said it would no longer carry Israeli cargo via the Red Sea. BP said: "The safety and security of our people and those working on our behalf is BP's priority."In light of the deteriorating security situation for shipping in the Red Sea, BP has decided to temporarily pause all transits through the Red Sea. Maersk, the world's second-biggest shipping firm, described the situation as "alarming" on Friday after a "near-miss" incident involving Maersk Gibraltar and another attack on a container ship. Its container ship MSC PALATIUM III was attacked on Friday as it was transiting the Red Sea.

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