RED SEA WATCH

Qatar pauses LNG shipments through the Red Sea

Oil and gas woes deepen amid Red Sea escalation: No fewer than five Qatari vessels carrying liquefied natural gas (LNG) making their way to the Bab El Mandeb strait have been stopped in their tracks since Friday, Bloomberg reported. Around 209 oil tankers — or 4% of the world’s oil fleet — have started rerouting…