Red Sea

Houthi fighters approach the Galaxy Leader in the Red Sea on 20 November. Photo: Handout/Getty Images
Middle East

Yemen's Houthis strike cargo ship bound for Iran, causing minor damage

The early morning strikes appeared to be the first time the Houthis have targeted an Iran-bound vessel since starting attacks on international shipping in solidarity with Palestinians over the...

Maersk is gearing up to restart activities in the Red Sea following the initiation of a security operation led by the US, focused on safeguarding vessels in the region. Photo: Bloomberg
Global Economy

Maersk warns oversupply to hit profits and plays down Red Sea boost

FILE PHOTO: A cargo ship boat model is seen in front of "Red Sea" and "Houthi attacks" words in this illustration taken January 9, 2024. REUTERS
Middle East

Houthis say they fired at two ships in Red Sea, damaging both

Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, 4 December 2022. Photo: REUTERS
Bloomberg Special

Red Sea danger is spurring global oil buyers to go local

Newly recruited fighters who joined a Houthi military force intended to be sent to fight in support of the Palestinians in the Gaza Strip, march during a parade in Sanaa, Yemen December 2, 2023. REUTERS/Khaled Abdullah/File Photo
Middle East

Houthis say they fired ballistic missiles at Israel's Eilat

A Suezmax crude oil tanker, right. Photo: Bloomberg
Global Economy

Red Sea attacks force firms to test new land routes via UAE, Saudi

Houthi fighters approach the Galaxy Leader in the Red Sea on 20 November. Photo: Handout/Getty Images
Middle East

Yemen's Houthis threaten more attacks on US, British warships

FILE PHOTO: Trafigura logo is pictured in the company entrance in Geneva, Switzerland March 11, 2012. REUTERS/Denis Balibouse
Middle East

Houthi missile damages oil tanker in Gulf of Aden, US hits Houthi target

An aerial view of Chattogram Port. File Photo: Mohammad Minhaj Uddin/TBS
Economy

'Red Sea turmoil casts a cloud over Bangladesh's $40b trade'

FILE PHOTO: The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS/File Photo
China

China presses Iran to rein in Houthi attacks in Red Sea, sources say

A Suezmax crude oil tanker, right. Photo: Bloomberg
Global Economy

Attacks by Yemeni group have triggered the biggest redirection of shipping in decade

An employee takes notes at a port of Shanghai Free Trade Zone, 11 February, 2014. Photo: REUTERS/Aly Song/File Photo
Global Economy

Red Sea crisis pressures China's exporters as shipping delays, costs mount

Houthi fighters and tribesmen stage a rally against the US and the UK strikes on Houthi-run military sites near Sanaa, Yemen. Photo: AP Photo via Bloomberg
Bloomberg Special

The oil market is making plans for Red Sea chaos to last weeks