The Latest Breaking News from The Red Sea

Australia's refusal of a US request for military assistance in the Red Sea has faced sustained criticism but the Morrison government made a similar call.

March WTI crude oil (CLH24 ) this morning is down -0.24 (-0.31%), and Mar RBOB gasoline (RBH24 ) is up +0.06 (+0.03%). Crude oil and gasoline prices this morning are mixed, with gasoline climbing to a 3-1/2 month high. A stronger dollar today is weighing on crude prices. Also, Goldman...

The US military conducted airstrikes targeting Yemen's Houthi rebels, destroying explosive-loaded drone boats and missile launchers in the Red Sea.

A German navy frigate set sail for the Red Sea on Thursday with the aim of protecting commercial ships from attacks by Yemeni rebels, as part of a planned European Union mission.

A German Navy frigate sets sail to join a European Union mission in the Red Sea, aiming to defend cargo ships from attacks by Yemen's Houthi rebels, hamper...

Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Yemeni rebel attacks in the Red Sea.

The article discusses the ongoing conflicts in Yemen and Israel as Iranian-backed Houthis continue to launch missiles in the Red Sea while US Secretary of ...

US military action has so far failed to halt attacks by Iran-backed groups on Washington's forces in the Middle East and shipping in the Red Sea, with the threats persisting despite recent heavy air strikes.

March WTI crude oil (CLH24 ) on Tuesday closed up +0.53 (+0.73%), and Mar RBOB gasoline (RBH24 ) closed up +0.81 (+0.37%). Crude oil and gasoline prices on Tuesday posted moderate gains. A weaker dollar Tuesday was supportive of energy prices. Also, ongoing geopolitical risks in the Middle East are...