The Latest Breaking News from The Red Sea

March WTI crude oil (CLH24 ) on Friday closed up +1.16 (+1.49%), and Mar RBOB gasoline (RBH24 ) closed up +1.77 (+0.76%). Crude oil and gasoline prices on Friday posted moderate gains, with crude oil climbing to a 2-1/2 month high. Concern about an escalation of the Israel-Hamas war to...

The United States has imposed sanctions on Houthi rebels in Yemen in response to recent attacks in the Red Sea. The sanctions aim to pressure the rebels an...

Russia and China argue that US and UK attacks on military sites used by Yemen's Houthi rebels are illegal, while the US and UK claim self-defense. The clas...

Gain unique access to a U.S. aircraft carrier strike group in the Red Sea as they face constant threats from Iranian-backed Houthi rebels. Witness the high...

March WTI crude oil (CLH24 ) on Wednesday closed down -1.23 (-1.58%), and Mar RBOB gasoline (RBH24 ) closed down -7.77 (-3.24%). Crude oil and gasoline prices on Wednesday gave up early gains and settled sharply lower, with crude falling back from a 2-week high. Crude prices turned lower after...

Separate UN official expresses fears over how the US designating Houthis a ‘terrorist’ group may affect Yemen’s economy.

Discover the intense and frenetic pace of the U.S. Navy's fight against Iran-backed Houthi rebels in the Red Sea, as they defend international shipping fro...

March WTI crude oil (CLH24 ) this morning is up +0.94 (+1.22%), and Mar RBOB gasoline (RBH24 ) is up +2.41 (+1.02%). Crude oil and gasoline prices this morning are trading higher, with crude posting a 1-1/2 week high and gasoline climbing to a 3-1/2 month high. Crude has support...

Militants fired missiles at Greek-owned ship, says US military, in strike that raises questions over who Houthis are trying to target