Vessel off the coast of Yemen struck by missile, UK says
Men stand near a billboard bearing the image of a commercial ship with the flag of Israel as it is burning after Yemen’s Houthi-affiliated naval forces struck it, at a …
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Red Sea crisis could jeopardize inflation fight as shipping costs spike globally
A ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt. Sayed Hassan | Getty Images U.S. shipping costs are spiking as attacks in …
Panama Canal drought moves Maersk to start using land bridge for cargo
View of stranded boats at Alhajuela Lake during the summer drought, in Colon province, 50 km north of Panama City, Panama, on April 21, 2023. The Alhajuela lake is one …
Ship hijacked in Gulf of Oman changes course for Iran waters
Aerial view of a tanker. Bugto | Moment | Getty Images Iran on Thursday captured an oil tanker previously involved in a Washington-Tehran dispute over carrying U.S.-sanctioned crude, Iranian state …
Sanctioned Western tech is still entering Russia and powering its war
Sefa Ozel | E+ | Getty Images Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking …
Why the U.S. may extend its run as the world’s leading economy
The U.S., China and India may take turns leading the global economy this century, according to an analysis from the Centre for Economics and Business Research. The CEBR forecast suggests …
Saudi Arabia nearly doubles estimate for the value of its mineral resources
Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during its Future Minerals Forum held in Riyadh this week, ministers …
U.S. slams South Africa’s ‘meritless’ Israel genocide suit
U.S. President Joe Biden greets South Africa’s President Cyril Ramaphosa in the Oval Office at the White House in Washington, September 16, 2022. Evelyn Hockstein | Reuters South Africa’s genocide …
Maersk to extend Red Sea diversion for ‘foreseeable future’
The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Danish shipping giant Maersk …
Red Sea crisis fuels shipping costs, delays, inflation
The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Attacks on ships in …