The Latest Breaking News from The Red Sea

Destroyer Caio Duilio, part of the EU shipping protection force, took out weapon when it came within four miles of the vessel

A proxy war between Iran and the West unfolds in one of Africa's poorest countries — and there's no good outcome

The sinking of the M/V Rubymar cargo ship in the Red Sea poses a significant threat to the region's delicate ecosystem and vital industries.

The Belize-flagged Rubymar was the first vessel to be fully destroyed as part of the rebels' campaign over Israel's war against Hamas in the Gaza Strip.

The sinking of the Rubymar ship by Houthi rebels in the Red Sea impacts global shipping and raises maritime security concerns.

The Rubymar is the first vessel to be fully destroyed as part of the Houthis' campaign over Israel's war against Hamas in Gaza

April WTI crude oil (CLJ24 ) on Friday closed up +1.71 (+2.19%), and Apr RBOB gasoline (RBJ24 ) closed up +3.34 (+1.29%). Crude oil and gasoline prices on Friday closed moderately higher, with crude posting a 3-3/4 month high and gasoline posting a 5-1/2 month high. A weaker dollar on...

“Well, we didn’t see that one coming — the Houthis took us all by surprise,” a distinguished former security official muttered to me this week. In just under four months the Houthis have attacked 57 vessels in and around the Red Sea. They have disrupted waterways carrying 15 per cent…

April WTI crude oil (CLJ24 ) this morning is up +2.26 (+2.89%), and Apr RBOB gasoline (RBJ24 ) is up +4.86 (+1.88%). Crude oil and gasoline prices this morning are sharply higher, with crude climbing to a 3-3/4 month high and gasoline soaring to a 5-1/2 month high. A weaker...

U.S. conducts self-defense strikes against Houthi anti-ship missiles in the Red Sea, highlighting ongoing security challenges.

A US senator says such a claim is ‘laughable’ and calls on Biden to seek permission for strikes from Congress.