Yemen's Houthi rebels on Wednesday released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the ...

Yemen’s Iran-backed Houthi movement has released the crew of a cargo ship more than a year after its fighters hijacked the ...

The Galaxy Leader was taken in November 2023 at the start of the Houthi attacks on shipping in the Red Sea corridor over the ...

Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until ...

DUBAI, United Arab Emirates -- Yemen's Houthi rebels signal they will limit attacks in the Red Sea corridor to ...

London-listed shipbroker Braemar has painted a mixed picture for tankers if the Gaza ceasefire holds and the Houthis stop ...

MSC, A.P. Moller-Maersk A/S, Hapag-Lloyd AG and CMA CGM Group have all been hesitant to resume operations in the Red Sea.

Yemen's Houthi rebels have announced a focus on attacks against Israeli-affiliated ships in the Red Sea. This comes amidst a ...

HOUSTON, Jan 16 (Reuters) - Oil prices settled lower on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors weighing strong U.S. retail sales data.

Yemen's Houthi rebels have indicated they will now restrict their attacks in the Red Sea to vessels affiliated with Israel, a move that comes as a fragile ceasefire in Gaza enters its second day.

Following the ceasefire agreement between Israel and Hamas, Yemen's Houthi rebels have also declared a truce in the Red Sea.