The Latest Breaking News from The Red Sea

February WTI crude oil (CLG24 ) on Monday closed up +1.78 (+2.42%), and Feb RBOB gasoline (RBG24 ) closed up +7.50 (+3.47%). Crude oil and gasoline prices on Monday moved higher, with crude posting a 3-1/2 week high and gasoline posting an 8-week high. Crude prices rallied Monday after a...

The Sea Viper Air Defence system will get more effective missiles featuring a new warhead and a software update.

The US military carried out another round of strikes against Yemen's Huthi rebels on Friday, targeting missile launchers that were preparing for attacks on shipping in the Red Sea, the White House said.

February WTI crude oil (CLG24 ) on Friday closed down -0.67 (-0.90%), and Feb RBOB gasoline (RBG24 ) closed down -2.07 (-0.95%). Crude oil and gasoline prices on Friday settled moderately lower. Expectations that global oil supplies will remain adequate despite geopolitical risks in the Middle East are weighing on...

Discover the latest update on the rebel attacks in the Red Sea targeting US ships. Explore the potential causes and implications of this aggression in the ...

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This content discusses how to address the Houthi rebels in the Red Sea and their provocations without expanding the war in the Middle East, emphasizing the...

Yemen's Houthi rebels claimed another attack on a US ship early Friday, after the United States launched fresh strikes on rebel targets over their aggression towards vessels in and around the Red Sea.

February WTI crude oil (CLG24 ) on Thursday closed up +1.52 (+2.09%), and Feb RBOB gasoline (RBG24 ) closed up +4.81 (+2.25%). Crude oil and gasoline prices Thursday closed sharply higher. Thursday's better-than-expected U.S. economic news was positive for energy demand and crude prices. Also, heightened geopolitical risks in the...