Oil up in early Tuesday trade
Oil prices rose in early Tuesday trade. Brent crude climbed by 0.19 per cent, or about 0.14 cents, to reach $80.21…
Browsing Tag
Houthis attacks in Red Sea
Hapag-Lloyd to offer transits in S. Arabia over Red Sea attacks
German shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the…
China’s COSCO suspends shipping to Israel amid Houthi attacks
China’s state-owned and largest shipper COSCO suspended shipping to Israel, Reuters reported on Tuesday, citing…
Red Sea attracts oil tankers despite Houthi attacks
Oil and fuel tankers have continued to navigate the Red Sea despite the ongoing Houthi attacks, a Reuters analysis…
Houthi attacks in Red Sea rise 500% sparking global shipping crisis
The Houthi attacks in the Red Sea soared by 500 per cent since the outbreak of the war on Gaza, leading to a major…
Maersk pauses Red Sea shipping “until further notice”
Maersk announced on Tuesday that it will pause all Red Sea shipping "until further notice," amid the ongoing Houthi…
Ships avoid crossing Suez Canal amid Houthis’ attacks on Red Sea
Yemen’s Iranian movement, Houthi, has been responsible for several attacks on vessels crossing the Red Sea.
