The Latest Breaking News from Red Sea

Recent attacks on commercial vessels by Houthi militia in the Red Sea have put the vital shipping region in the spotlight. The Yemen-based rebels claim to be targeting Israeli-linked vessels, in protest at Israel’s war against Hamas in Gaza. The UN Security Council recently passed a resolution demanding an immediate…

Most of Israel’s trade is through the Mediterranean. But longer-term risks to Israel’s economy are growing, say analysts

Editorial: The attacks on ships in the Red Sea are only one manifestation of a regional conflict which won’t easily be ended

France has blamed Iran-backed Houthis for an escalation in the Middle East after US and British strikes targeted them in Yemen on Friday. The French navy, meanwhile, has defended its use of expensive missiles to down Houthi drones used to attack shipping lanes in the Red Sea.

The conflicts in the Red Sea and attacks on transport vessels are starting to take effect on the European economy, which sources components from Asia.

To capitalize on the potential significant rise in oil prices due to geopolitical tensions this year, which of the two energy stocks, Exxon Mobil Corporation (XOM) and Valero Energy Corporation (VLO), could provide better returns this year? Read more to find out.

Oil prices jumped over 2 percent after the US and UK carried out strikes on Houthi-controlled areas in Yemen, amid fears of an escalation of the conflict in the Middle East. Major shipping companies stopped travelling through the Suez Canal and Red Sea routes in early December after a spate…

Tesla's German factory temporarily halts most production due to attacks in the Red Sea, disrupting global supply chains and shipping routes.

Tesla says it’s temporarily halting most of production at its German factory because of attacks in the Red Sea, a vital global shipping corridor