Saudi Arabia intercepts ‘explosive laden’ boats in the Red Sea: report

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Saudi Arabia, the world’s largest exporter of crude, said March 23 it had intercepted two “explosive-laden boats” in the Red Sea, through around 7 million b/d of crude transits to global markets. Two booby-trapped boats that set off from Yemen’s Hodeidah Governorate were intercepted “thwarting an imminent hostile attack in the southern Red Sea”, local television Al Arabiya reported, citing…