# Freight Costs & Shipping Delays Analysis | Cape of Good Hope Routes | Argus Media

> Renewed Houthi attacks in the Red Sea have led some tankers carrying middle distillates to divert around the Cape of Good Hope, while others still transit Bab el-Mandeb. The Houthis announced they will target US vessels in addition to Israeli-linked ships, and US forces launched air strikes on Houthi areas in Yemen.

- Date: 2025-04-02 · published 2025-04-02T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/16951-freight-costs-and-shipping-delays-analysis-cape-of-good-hope-routes-argus-media
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Longer routing lifts freight costs and fuel demand for distillate and tanker trades, supporting diesel and crude prices through higher shipping costs and tighter prompt supply.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-07-14 | [Russia, Strait of Hormuz combining to drive diesel higher after declines - FreightWaves](https://feedsoft.ai/events/12185-russia-strait-of-hormuz-combining-to-drive-diesel-higher-after-declines.md) | +7.1% | +9.3% |
| DIESEL | 2026-08-24 | [Diesel Prices Surge, Spot Rates Plunge: Why Trucking Costs Are Disconnected - FreightWaves](https://feedsoft.ai/events/18071-diesel-prices-surge-spot-rates-plunge-why-trucking-costs-are-disconnected.md) | -2.9% | +10.0% |
| DIESEL | 2026-03-03 | [Diesel futures and retail prices power higher, outstripping gains in crude - FreightWaves](https://feedsoft.ai/events/5533-diesel-futures-and-retail-prices-power-higher-outstripping-gains-in-crude.md) | +17.7% | +50.3% |
| DIESEL | 2026-03-02 | [Oil jumps as Iran conflict escalates, disrupts shipping](https://feedsoft.ai/events/8005-oil-jumps-as-iran-conflict-escalates-disrupts-shipping.md) | +36.4% | +69.9% |
| DIESEL | 2022-07-07 | [World of shipping remains disrupted](https://feedsoft.ai/events/16698-world-of-shipping-remains-disrupted.md) | +7.5% | -0.7% |
| BRENT | 2018-07-26 | [Factbox: Risks to Middle East oil and gas shipping routes](https://feedsoft.ai/events/63929-factbox-risks-to-middle-east-oil-and-gas-shipping-routes.md) | -0.7% | +0.1% |
| BRENT | 2026-07-30 | [Strait of Hormuz and drone threats to global shipping](https://feedsoft.ai/events/16801-strait-of-hormuz-and-drone-threats-to-global-shipping.md) | -8.4% | +5.7% |
| BRENT | 2026-07-14 | [Russia, Strait of Hormuz combining to drive diesel higher after declines - FreightWaves](https://feedsoft.ai/events/12185-russia-strait-of-hormuz-combining-to-drive-diesel-higher-after-declines.md) | +6.8% | +9.4% |

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/market-opinion-and-analysis-blog/weight-of-freight-red-sea-diversions-resume

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.