Sea freight prices could drop "at least 20%, 25%" and that could happen over two to three months, Yuvraj Narayan told Reuters ...

Analysis by S&P suggested that the “ceasefire is very likely to collapse beyond its initial phase” as it assessed that the ...

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

Michael DiMino, tapped as deputy assistant secretary of defense for the Middle East, has said that the U.S. has ‘minimal to ...

Zoubaidi, vice president of Yemen’s UN-backed government, calls on the West to act decisively to target the Houthi leadership ...

The U.S. Navy's premier anti-submarine (ASW) and anti-surface (ASuW) helicopter, the MH-60R Seahawk, has shot down its first ...

Four of the port's five tugboats needed to escort the large ships bringing imports had sunk, while the fifth was damaged, a ...

One of the Israeli hostages freed on the first day of the Gaza ceasefire said Monday in her first comments since being released that she has “returned to life.” ...

Houthi attacks in the Red Sea date back to November 2023, when rebels attacked the British-owned Galaxy Leader cargo ship and ...

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

Tariffs and strikes could disrupt inflation trends. Find out why the SPY rally may be at risk as disinflation in 2025 depends ...

Operations at a Red Sea port in Yemen used for aid imports have fallen to about a quarter of its capacity, a UN official said ...