Red Sea / Bab el-Mandeb

Houthi militants targeted Saudi oil facilities in two Red Sea port cities, escalating regional tensions and maritime security concerns

Saudi Arabia told the UN Security Council that Houthi claims of blockading Yemeni ports and airports are misinformation.

Oil prices climbed above $100 per barrel after Houthi forces attacked two Saudi tankers in the Red Sea.

Oil prices surged, with Brent crude breaking above $100/bbl due to escalating Middle East tensions and supply risks.

Two Chinese supertankers carrying Saudi oil exited the Red Sea via the Bab el-Mandeb strait, navigating Houthi threats

Saudi oil tankers face a $5 million per shipment surcharge due to Houthi attacks forcing reroutes around Africa.

European natural gas prices rose as Red Sea maritime disruptions caused LNG shipment delays, affecting supply prospects.

The IMO has strongly condemned recent Houthi attacks targeting international shipping in the Red Sea region.

Saudi Aramco is offering extra crude cargoes from Egypt's Sidi Kerir port due to Houthi threats in the Red Sea.

Marine insurance costs for southern Red Sea transits have doubled for some companies after recent Houthi attacks on a tanker

Former President Trump threatened military action against Iran after Houthi forces attacked Saudi oil tankers in the Red Sea.

DSV's quarterly operating profit surged by 32.5%, driven by Schenker integration benefits in air freight and contract logistics.

Maersk adds a $1,000 per container surcharge for all cargo transiting the Strait of Hormuz, effective July 23, 2026

South Korea is considering the Suez Canal as an emergency crude oil import route if the Red Sea faces a full blockade.

Oil prices climbed for a fifth straight session following Houthi militant attacks on Saudi tankers in the Red Sea.

South Korea is bolstering its crude oil reserves in response to Red Sea and Black Sea maritime disruptions.

A Saudi tanker was reportedly set ablaze in the Red Sea after a Houthi attack, escalating maritime security concerns.

The Houthi movement claims to have resumed direct attacks on commercial shipping, targeting two Saudi oil tankers.

Houthi maritime attacks are sustaining high European natural gas prices due to increased geopolitical risk premiums.

Geopolitical tensions in the Red Sea and Strait of Hormuz are straining war risk insurance, affecting shipping routes and costs

Oil prices rose in volatile trading due to escalating Middle East tensions and new threats to Red Sea shipping.

Two Saudi crude tankers reversed course in the Red Sea after Houthi threats, disrupting shipping through vital chokepoints

The Panama Canal is curbing vessel booking slots due to water scarcity, creating new challenges for global trade flows

Oil prices stabilized, easing from peaks, as de-escalation hopes emerge between the US and Iran, despite Red Sea threats

The Houthi movement has threatened Saudi Arabian shipping, pointing to an ongoing blockade as the reason

Supply chain disruptions are increasingly unpredictable, highlighting the critical need for enhanced logistics resilience.

Saudi Arabia's growing dependence on Yanbu exports exposes crude shipments to Houthi attacks near the Bab el-Mandeb Strait.

South Korean and Japanese refiners will continue using the Red Sea for Saudi crude imports, even if Persian Gulf tensions ease

Disrupted container trade lanes are set to receive numerous new vessel deliveries in 2026, offsetting longer voyages

Security risks for commercial shipping now extend across the entire Gulf region, beyond the Strait of Hormuz, INTERTANKO warns