Oil Executives Call for Cautious Return to Red Sea Navigation

By Georgina McCartney and Sheila Dang

HOUSTON, Feb 6 (Reuters) – Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt in attacks by Iran-backed Houthi rebels, but said firms were cautiously monitoring shipping conditions and competitors.

A Liberian-flagged oil tanker that was attacked last year sailed through the Red Sea this week, the Suez Canal said on Monday, in one of the first voyages since the Houthi rebels last month said they would limit attacks on commercial vessels to Israel-linked ships until the Gaza ceasefire is fully i…