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The Latest Breaking News from The Red Sea

1 Way to Profit as Shipping Rates Revisit Pandemic-Era Highs

The advance in seaborne freight rates - in some cases, double or triple from a year ago - stems from a number of problems. Amid Houthi attacks in the Red Sea, port congestion in Asia, a drought in Panama, possible labor strikes for North American ports and rails, and rising…

Barchart

Asian Markets Retreat On US Rate Concerns, Oil Rallies After Attack

Most equities fell Wednesday on lingering worries about the outlook for US interest rates, while oil prices extended their rally after an attack on a ship in the Red Sea stoked fresh worries about supplies from the Middle East.

International Business Times

Defense secretary tells US Naval Academy graduates they will lead 'through tension and uncertainty'

Defense Secretary Lloyd Austin told U_S_ Naval Academy graduates that they will be leading future sailors and Marines “through tension and uncertainty.”

The Independent UK

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The Latest | 12 Palestinians killed and 25 wounded in Israel's 2-day West Bank operation

The Israeli military says it has completed a two-day operation in the occupied West Bank that the Palestinian Health Ministry says killed 12 Palestinians and wounded 25

The Independent UK

Yemen's Iran-backed Houthi rebels claim they shot down another US drone

The Iran-backed Houthi rebels in Yemen claim they have shot down an American drone over the impoverished Arab county

The Independent UK

Yemen's Houthis Target US Warship And Vessel In Red Sea

Houthi rebels claim responsibility for targeting US warship and commercial vessel in Red Sea, raising concerns about maritime security.

Top News

US gives Saudis green light to try to revive peace deal with Houthis

Saudis are keen to end their engagement in Yemen and US needs Saudi support to end Gaza conflict

The Guardian - UK

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Chinese Firms End Six-Year Operation Running Addis Ababa–Djibouti Railway

Contractor hands over China-funded 752-kilometer railway linking landlocked Ethiopia with the Red Sea

Caixin Global

As the Red Sea crisis continues, pressure on consumer prices follows in its wake

UK manufacturers and retailers are not yet passing on all the costs of diverting ships round southern Africa – but can that last?

The Guardian - UK

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...

Top News

‘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

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

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.

Top News

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.

Top News

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Top News

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...

Top News

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.

France 24

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

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…

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Top News

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

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.

Top News

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...

Top News

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

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...

Top News

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.

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