The Latest Breaking News from the Suez Canal

So far, the US Navy can't defeat the pro-Palestinian Houthis of Yemen. A glance at their history helps explain why

Poor harvests, soaring raw material costs and a security crisis affecting shipping through the Suez Canal are among the factors that have driven prices this summer

The recent attacks on ships in the Red Sea are causing disruptions in global trade, leading to delays and increased costs for industries worldwide.

Even if the Yemen conflict, ironically, an offshoot of the Gaza war, abates soon, it has made the case for viable alternatives to the Suez Canal stronger

Shipping experts hope lessons learned during the COVID-19 pandemic, the Suez Canal disruption in 2021 and Somali pirate attacks more than a decade ago will mitigate widespread problems this time.

The volume going to Europe from the Middle East has nearly halved amid continuing attacks by Yemen’s Houthi rebels.

The air strikes against targets in Yemen by the US and UK military have not been without criticism. They aim to keep the Houthis from attacking merchant vessels in the Bab el-Mandeb strait. Less than 30 ships have been attacked by Houthis since they seized the Israeli-linked Galaxy Leader vessel…

The Panama Canal drought causes severe shipping delays from Asia to the U.S. East Coast, particularly for heavy goods. Carriers are rerouting from trans-Pacific to trans-Atlantic via the Suez Canal, with alternate routes increasing transit times by 20-30%.

Despite diverting supplies from the Suez Canal, tensions in the Red Sea have so far had a muted impact on energy prices.