The Latest Breaking News from The Red Sea

April WTI crude oil (CLJ24 ) on Tuesday closed up +1.29 (+1.66%), and Apr RBOB gasoline (RBJ24 ) closed up +3.72 (+1.45%). On Tuesday, crude oil and gasoline prices climbed to 2-week highs and closed moderately higher. Geopolitical risks are underpinning crude prices with the ongoing Israeli-Hamas war and continued...

April WTI crude oil (CLJ24 ) this morning is up +0.86 (+1.11%), and Apr RBOB gasoline (RBJ24 ) is up +2.63 (+1.03%). Crude oil and gasoline prices this morning are moderately higher, with gasoline posting a 1-week high. A weaker dollar today is supportive of energy prices. Also, geopolitical risks...

Some back the Houthis’ attempt to take on the West and Israel over Gaza. Many also worry about a sharper escalation.

It's Day 144 of the Israel-Hamas war, and a new ceasefire deal may be closer than it has ever been in the past week. However, tensions in the Middle East remain at a vexatious high as Iranian-backed groups run amok in the Israel-Lebanon border and waters around the Red Sea.

Military says it destroyed vessels and missiles in Houthi-controlled areas of Yemen that were aimed at the Red Sea.

Greece's approval to join EU mission in Red Sea to prevent arms smuggling to Gaza amidst regional tensions.

The British Chambers of Commerce says 55 percent of exporters report higher shipping costs and delays.

Rising maritime security threats in the Red Sea region require a paradigm shift in defense strategies to safeguard global interests.

US and UK forces hit 18 Houthi targets, including underground weapons and missile storage facilities, officials say.

The Rubymar was attacked on February 18 while sailing through the Bab el-Mandeb Strait

Houthi rebels' attack on Rubymar ship causes oil slick in Red Sea, prompting U.S. military intervention.