The European Union (EU) expressed here today full understanding of the action taken by the Kingdom of Saudi Arabia to suspend all shipments of oil, passing through the Bab al-Mandab Strait, until navigation through the trait becomes safe. The European Union is closely monitoring development of events after two tankers belonging to the Saudi National Shipping Company was attacked by the Iranian-backed Houthi terrorist outfits, in the Red Sea, following crossing al-Mandab Strait," a spokesman for the European Union said, in a statement announced here today, adding that: "Targeting oil tankers in the Bab al-Mandab Strait poses a threat to global trade and shipping," the statement concluded.
