Houthi attacks

Oil flows through the Bab el-Mandeb Strait, a key chokepoint at the Red Sea's southern entrance, have fallen by…

The International Energy Agency (IEA) reported that this year’s oil demand growth will likely hit 1.3 million…

The oil tanker industry’s old warnings about a shortage of new ships are now impacting the market due to Houthi…

Fuel sales at one of the busiest ports in the world are rising as a result of the Red Sea shipping crisis.

TotalEnergies stated that the journey of its ships to Europe has been prolonged since the company stopped sending…

German shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the…

Bunker fuel prices soared in Africa and the Mediterranean amid increasing demand due to the diversions in the Red…

Tesla Inc. has cut the prices of its Model Y electric vehicle (EV) in Germany, Reuters reported on Wednesday.

Japan's Nippon Yusen (NYK), the country's biggest shipper by sales, put on hold Red Sea navigation for all the…

Qatar and Russia, suppliers of liquefied natural gas, are avoiding the Suez Canal in light of heightened risks and…