Russian, Chinese Ships Face Risks Despite Houthi Pact

China and Russia have just concluded a historic arrangement with Houthis to keep their ships travelling through the Red Sea safe, but a recent showdown between the Yemeni militants and an oil tanker shows risks persist.

The two countries, major consumers and producers of oil, got an assurance of safe passage through the region following talks between their diplomats and Mohammed Abdel Salam, one of the Yemen-based group’s top political figures, according to people with knowledge of the discussions.

On Saturday, the Houthis fired four missiles in the vicinity of a Chinese-owned oil tanker called Huang Pu and then a fifth toward the ship, US Central Command said. It caused some damage and a fire on board was extinguished within half an hour.

Read more: Bloomberg