The Latest Breaking News from The Red Sea

Two cruise missiles launched by Yemen's Huthi rebels struck a bulk cargo carrier in the Gulf of Aden on Thursday, severely injuring a sailor who was evacuated by American forces, the US military said.

Hezbollah said it had launched rockets and weaponised drones at nine Israeli military sites on Thursday. A security source told Lebanon it was the largest attack waged by Hezbollah since October. The attacks were carried out in retaliation for an Israeli strike on Tuesday that killed a senior Hezbollah field…

Joint British-U.S. airstrikes target Yemen's Houthi rebels in response to attacks on shipping. Strikes hit underground facilities, missile launchers, and a...

Joint British-U.S. airstrikes targeting Yemen’s Houthi rebels killed at least 16 people and wounded 35 others

Typhoon FGR4s struck buildings at three locations with Paveway IV guided bombs, according to the Ministry of Defence in London

The U.S. and Britain struck 13 Houthi targets in several locations in Yemen on Thursday in response to a recent surge in attacks by the Iran-backed militia group on ships in the Red Sea and Gulf of Aden, three U.S. officials said.

American officials say the U.S. and Britain have struck 13 Houthi targets in several locations in Yemen in response to a recent surge in attacks by the Iran-backed militia group on ships in the Red Sea and Gulf of Aden

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…

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.