Oil shipments from Saudi Arabia and Iraq to Europe, totalling nearly nine million barrels, are facing delays as tankers are forced to reroute due to escalating tensions in the Red Sea, Bloomberg reported, citing ship tracking data. According to the report, seven vessels, which earlier this month loaded crude oil and oil products at the Saudi Arabian ports of Ras Tanura and Al Jubail, and the Iraqi port of Basra, have altered course, steering away from the Bab-el-Mandeb Strait. Most of these ships changed their routes on or after January 12, following airstrikes by US and UK forces on positions…