Houthi attacks on commercial vessels in the Red Sea led to a 90% decline in container shipping through the area between December and February, US intelligence officials said in their first formal ...

If doing the same thing over and over and expecting a different outcome is the definition of insanity, then the Western ...

Houthi rebels hit the Maersk Hangzhou, seen here in 2018, with a missile in the Red Sea in December "The situation ... Despite US and UK-led air strikes, they have vowed to continue attacking ...

In the attack, men on small boats first opened fire with small arms about 140 kilometers (90 miles ... been intercepted by a U.S.-led coalition in the Red Sea or failed to reach their targets.

Take Saudi Arabia, where the tourism industry is already undergoing a major transformation of its own, led ... The Red Sea Development Company and features an archipelago of more than 90 untouched ...

Separately, America says that Iran has been busy sending Russia hundreds of short-range ballistic missiles. These revelations ...

Since late 2023 the Houthis have been firing their cruise missiles at ships in the Red Sea. The wartime activity has brought many warships and air patrols to the Red Sea and that has halted Iranian ...

For months, the U.S. has warned Iran not to send ballistic missiles to Russia and told China not to provide military ...

Local ports could benefit as the world’s largest shipping lines restructure alliances in the light of major trade routes ...

The Red Sea is a crucial global trade route, and its current status as a conflict zone has exacerbated tensions between the ...

This is what has been happening in the Red Sea since late last year as 66 per cent of ships which would normally travel through it, and over 90 per cent of the more valuable ... “These disruptions ...

Analysis of the Fed's rate cut impact on the market, highlighting concerns over the sustainability of leading stocks and ...