Houthi terrorists warning to Red Sea vessels will spark concerns for oil traders

<p>A Houthi official has warned </p><ul><li>Vessels sailing through the Red Sea not to turn off radios and to rapidly respond to orders that Houthi give. </li></ul><ul><li>
Vessels navigating through the Red Sea should avoid falsifying their
identity or raise flags other than those of the owner's country</li></ul><p>***</p><p>What a plonker. Commercial shipping tends to leave its radios on at all times! As for following orders of terrorists, here's one of their own with a message. </p><p>—</p><p>For markets, oil traders are wary of Middle East escalation and the potential for supply disruption. So far so good though. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.