Red Sea

Representational image. Photo: Bloomberg
Global Economy

Oil jumps on US, UK strikes in Yemen, shares cautious

Oil climbed after the United States and Britain said they have started carrying out strikes against targets linked to Houthis in Yemen

A cargo ship is seen in front of "Red Sea". Photo: Bloomberg
Global Economy

Global trade drops 1.3% on Red Sea attacks

A cargo carrier at the Vizhinjam transshipment container port in Vizhinjam, Kerala, India. Photo: Bloomberg
Global Economy

India’s exports may take a $30b hit on Red Sea threats

The world's first methanol-fueled container vessel Laura Maersk, owned by shipping company Maersk, is seen in Copenhagen, Denmark September 14, 2023. REUTERS/Jacob Gronholt-Pedersen/File Photo
World+Biz

Maersk says to avoid Red Sea for foreseeable future

A man stands opposite the modern port at the harbour in Port Sudan at Red Sea State, File. . REUTERS/Mohamed Nureldin Abdallah/File Photo
Global Economy

Shipping stocks and freight rates rally on Red Sea turmoil

Representational image. Photo: Bloomberg
Global Economy

Global shipping firms continue to pause Red Sea shipments

Filed photo of a gas field. Photo: Bloomberg
Global Economy

Oil jumps 1% in New Year after US forces repel Houthis in Red Sea

Iranian warships are seen during a joint naval exercise with Russian navy in the Indian Ocean, Iran February 16, 2021. Picture taken February 16, 2021. File Photo: IRANIAN ARMY/WANA (WEST ASIA NEWS AGENCY) VIA REUTERS
Middle East

Iranian warship enters Red Sea amid heightened tensions

FILE PHOTO: A Houthi fighter stands on the Galaxy Leader cargo ship in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS
Middle East

US allies reluctant on Red Sea task force

A man stands opposite the modern port at the harbour in Port Sudan at Red Sea State, File. . REUTERS/Mohamed Nureldin Abdallah/File Photo
Global Economy

Oil drops almost 2% as investors watch Red Sea developments

A Russian oil rig. PHOTO: Bloomberg
World+Biz

Oil holds large weekly gain with Red Sea tensions to the fore

FILE PHOTO: Iran's Supreme Leader Ayatollah Ali Khamenei speaks during a meeting with a group of students in Tehran, Iran November 2, 2022. Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via REUTERS/File photo
World+Biz

Iran threatens Mediterranean closure over Gaza, without saying how

Container ships are seen outside the harbour as workers at South Africa's state-owned logistics firm Transnet continue to protest outside the Port of Cape Town on their nationwide strike action that could paralyse ports and freight rail services in Cape Town, South Africa, October 17, 2022. REUTERS
World+Biz

Ships rerouted by Red Sea crisis face overwhelmed African ports