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The Latest Breaking News from The Red Sea

EU Naval Mission In Red Sea Faces Houthi Threat

EU naval mission Aspides in the Red Sea faces threats from Houthi rebels, prompting consideration of a larger defense force to protect civilian vessels and...

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US Forces Destroy Houthi Weapons In Red Sea Incident

US forces intercepted Houthi weapons targeting USS Gravely in the Red Sea, demonstrating commitment to regional security and stability.

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Seabed warfare: Did Houthi rebels attack undersea cables in Red Sea?

In this Science segment, we take a look at the alleged sabotage of undersea cables in the Red Sea by Yemen's Houthi rebels, after an incident back in February. Washington says the cables were deliberately cut by the rebels to disrupt the global internet, but maritime experts believe it was…

France 24

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On board a French warship protecting Red Sea vessels from Houthi attacks

Since the conflict between Israel and Hamas broke out last October, Yemen's Houthi rebels have been carrying out attacks against commercial vessels in the Red Sea, in what they say is a campaign of solidarity with Palestinians during Israel's war in Gaza. The Houthis' missiles and drones are spreading terror…

France 24

US Military Destroys Houthi Drones In Red Sea

U.S. military destroys drones in Yemen to protect forces and vessels, impacting ongoing conflict and U.N. negotiations.

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Middle East Conflict: US State Department Official Resigns Over Washington's Israel Policy

It's Day 174 of the war in Gaza – a U.S. State Department foreign affairs officer has publicly resigned, saying she made the decision amid rising opposition from within the federal government over the White House's Israel policy.

International Business Times

India Repatriates 35 Somali Pirates In Red Sea Operations

India's successful operation in capturing and repatriating Somali pirates near the Red Sea demonstrates commitment to maritime security and international c...

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US Fighter Jets Strike Houthi-Controlled Areas In Yemen

Recent U.S. airstrikes on Houthi-controlled areas in Yemen prompt retaliatory missile launches in the Red Sea region.

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Crude Oil Prices Undercut by a Stronger Dollar

May WTI crude oil (CLK24 ) on Friday closed down -0.44 (-0.54%), and May RBOB gasoline (RBK24 ) closed up +0.48 (+0.08%). Crude oil and gasoline prices on Friday settled mixed. Energy prices Friday were under pressure from a rally in the dollar index to a 5-week high. Energy prices...

Barchart

Crude Oil Prices Pressured by Dollar Strength

May WTI crude oil (CLK24 ) this morning is down -0.23 (-0.28%), and May RBOB gasoline (RBK24 ) is up +0.22 (+0.08%). Crude oil and gasoline prices this morning are mixed. Energy prices are under pressure from the rally in the dollar index to a 5-week high. Losses in crude...

Barchart

Coalition Forces Destroy Houthi Missiles In Red Sea

Coalition forces intercept Houthi rebel threats in the Red Sea under Operation Prosperity Guardian, ensuring maritime security.

Top News

Crude Prices Under Pressure From a Stronger Dollar

May WTI crude oil (CLK24 ) today is down -0.57 (-0.70%), and May RBOB gasoline (RBK24 ) closed down -1.70 (-0.63%). Crude oil and gasoline prices are moderately lower as a stronger dollar weighs on energy prices. Also, technical selling is weighing on crude as prices neared overbought levels after...

Barchart

Crude Prices Retreat on Technical Selling

April WTI crude oil (CLJ24 ) on Wednesday closed down -1.79 (-2.14%), and Apr RBOB gasoline (RBJ24 ) closed down -2.90 (-1.05%). Crude oil and gasoline prices posted moderate losses on Wednesday. An early rally in the dollar index Wednesday to a 2-1/2 week high pressured energy prices. Also, technical...

Barchart

Crude Prices Retreat on Dollar Strength

April WTI crude oil (CLJ24 ) this morning is down -1.77 (-2.12%), and Apr RBOB gasoline (RBJ24 ) is down -3.75 (-1.36%). Crude oil and gasoline prices this morning are moderately lower. Today's rally in the dollar index (DXY00 ) to a 2-1/2 week high is pressuring energy prices. Also,...

Barchart

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Barchart

Crude Settles Higher on Tighter Global Oil Supplies

April WTI crude oil (CLJ24 ) on Tuesday closed up +0.75 (+0.91%), and Apr RBOB gasoline (RBJ24 ) closed up +0.49 (+0.18%). Crude oil and gasoline prices Tuesday closed higher with crude climbing to a 4-1/2 month high and gasoline posting a 6-month high. Ukrainian drone attacks on Russian refineries...

Barchart

Crude Prices Underpinned by Tighter Global Supplies

April WTI crude oil (CLJ24 ) this morning is up +0.59 (+0.71%), and Apr RBOB gasoline (RBJ24 ) is down -0.52 (-0.19%). Crude oil and gasoline prices today are mixed, with crude climbing to a 4-1/2 month high. Ukrainian drone attacks on Russian refineries over the weekend damaged several Russian...

Barchart

Crude Ends Higher on Strong Chinese Demand and Drone Attacks on Russian Refineries

April WTI crude oil (CLJ24 ) on Monday closed up +1.68 (+2.07%), and Apr RBOB gasoline (RBJ24 ) closed up +3.86 (+1.43%). Crude oil and gasoline prices on Monday moved higher, with crude posting a 4-1/2 month high and gasoline posting a 5-month high. Signs of strength in Chinese crude...

Barchart

Crude Rallies on Strong Chinese Demand and Drone Attacks on Russian Refineries

April WTI crude oil (CLJ24 ) this morning is up +1.03 (+1.27%), and Apr RBOB gasoline (RBJ24 ) is up +3.42 (+1.26%). Crude oil and gasoline prices are trading sharply higher, with crude posting a 4-1/4 month high and gasoline posting a 5-month high. Signs of strength in Chinese crude...

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Barchart

Crude Prices Slip on Dollar Strength

April WTI crude oil (CLJ24 ) this morning is down -0.12 (-0.16%), and Apr RBOB gasoline (RBJ24 ) is up +0.50 (+0.18%). Crude oil and gasoline prices this morning are mixed, with gasoline climbing to a 5-3/4 month high. Today's rally in the dollar index to a 1-week high is...

International Business Times

Huthis Fire At Ship Off Yemen As They Threaten Wider Campaign

A missile launched Friday by Yemen's Huthi rebels at a ship in the Red Sea caused no damage, after they threatened to expand their harassment campaign which has disrupted global trade.

The Hindu

Reports claim Yemen’s Houthis have hypersonic missile in their arsenal

Yemen's Houthi rebels claim to have a new hypersonic missile, potentially escalating attacks on shipping in the Red Sea.

Barchart

Crude Prices Rally on IEA Forecast for 2024 Oil Deficit

April WTI crude oil (CLJ24 ) is up +1.32 (+1.66%), and Apr RBOB gasoline (RBJ24 ) is up +0.156 (+0.59%). Oil prices are trading higher on today's IEA's report, which said the oil markets face a supply deficit for the remainder of this year due to OPEC+ production cuts. Oil...

Top News

Philippine Seafarers Return Home After Surviving Red Sea Attack

Philippine seafarers return home safely after surviving Houthi attack in the Red Sea. Government support and investigations ongoing.

Top News

U.S. Navy Repels Iranian-Backed Houthi Attack In Red Sea

Recent events in the Middle East highlight the U.S. Navy's successful defense against Houthi attacks in the Red Sea, underscoring the challenges of proxy w...

International Business Times

US-led Coalition Shoots Down 15 Yemen Rebel Drones: CENTCOM

The United States and its allies said they shot down 15 drones fired by Yemen's Huthis into the Red Sea and Gulf of Aden on Saturday, in one of the Iran-backed rebels' largest attacks.

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