The Latest Breaking News from The Red Sea

Hundreds of thousands of Yemenis took to the streets in several cities on Friday to condemn the US and UK strikes on their country, in response to weeks of disruptive attacks on Red Sea shipping by Iran-backed Houthi rebels, who say they act in solidarity with Palestinians in Gaza.

The airstrikes on multiple Houthi targets in Yemen follow more than two months of attacks by the Iran-backed militants against cargo ships and U.S. warships in the Red Sea.

US Central Command says they found Iranian warheads for ballistic and anti-ship cruise missiles on the vessel bound for Yemen

FIRST Minister Humza Yousaf has responded amid mounting speculation that UK and Western allies could take action against Houthi rebels following…

February WTI crude oil (CLG24 ) on Thursday closed up +0.65 (+0.91%), and Feb RBOB gasoline (RBG24 ) closed up +4.70 (+2.27%). Crude oil and gasoline prices Thursday settled moderately higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf...

Experts believe western allies most likely to target coastal sites in attempt to halt spate of Houthi attacks in Red Sea

Emergency Cobra meeting said to have taken place on Thursday morning followed by a meeting of the National Security Council

Seizure comes as the Iran-backed Houthis attack ships in the Red Sea

Maersk boss says it could take months before trade route is safe to traverse

Houthi leader says any US attack will trigger a greater response as the group steps up attacks in the Red Sea.

February WTI crude oil (CLG24) this morning is up +1.96 (+2.75%), and Feb RBOB gasoline (RBG24) is up +5.98 (+2.89%). Crude oil and gasoline prices this morning are sharply higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf of...