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The Latest Breaking News from Red Sea

Maersk suffers ‘capacity loss of 15-20%’ due to Red Sea crisis

Maersk faces 15-20% capacity loss due to Red Sea crisis, leading to rerouting, delays, and increased costs for customers.

The Hindu · May 8, 2024

Maersk's Net Profit Sinks Amid Red Sea Attacks

Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route.

International Business Times · May 2, 2024

Investors Anticipate Red Sea Impact On Shippers' Q1 Results

Anticipation surrounds Q1 financial results of Red Sea shippers, offering insights into shipping industry trends and economic outlook.

2 Shipping Dividend Stocks to Buy at a Discount

With shipping disruptions in the Red Sea and high freight rates acting as tailwinds for the sector, these two dividend-paying shipping stocks trading at attractive valuations could be smart investments now.

Barchart · Apr 27, 2024

Houthis Claim Responsibility For U.S. MQ-9 Reaper Drone Crash

Houthi rebels claim responsibility for U.S. MQ-9 Reaper drone crash in Yemen, costing 0 million. Ongoing attacks in the Red Sea and Gulf of Aden.

Houthi Rebels Damage Ship In Red Sea Attack

Recent missile attack by Houthi rebels in the Red Sea targeting vessels linked to Russia and the US amidst ongoing conflict with Israel-Hamas. Updates on t...

‘Create harmony’: Q&A with China’s Foreign Minister Wang Yi

Wang Yi sat down with Al Jazeera to outline his country’s approach to international conflict, diplomacy, cooperation.

Al Jazeera · Apr 25, 2024

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EU Frigate Destroys Houthi Drone In Red Sea Mission

EU frigate destroys Houthi drone in Red Sea as part of Aspides mission. Ongoing threats prompt EU to seek more resources.

Iran’s Raisi reiterates warnings as Israel mulls response to air attack

As the world calls for calm, President Raisi vows ‘slightest attack’ will be met with a ‘strong and fierce response’.

Al Jazeera · Apr 17, 2024

Red Sea Crisis Increases Container Ship Usage, Raises Emission Concerns

Learn about the environmental impact of heightened shipping activity in the Red Sea region and the need for sustainable practices in the maritime industry.

US Forces Destroy Air Defense System In Yemen

US forces neutralized threats in Yemen, intercepted anti-ship missile, and enhanced security in 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...

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.

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 · Apr 3, 2024

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France 24 · Apr 1, 2024

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…

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.

International Business Times · Mar 28, 2024

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.

H&M Delays Campaigns Amid Red Sea Crisis

H&M delays marketing campaigns in response to Red Sea crisis, showing support for affected communities.

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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...

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.

Barchart · Mar 22, 2024

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...

India's Economy Faces Risks From Oil Price Rise

Learn how surging oil prices from the Red Sea crisis could impact India's economy, inflation, and growth.

Barchart · Mar 22, 2024

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...

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.

Barchart · Mar 21, 2024

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...

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