With the Strait of Hormuz blocked after the assault by the United States and Israel, Iran has threatened another vital maritime trade choke point: the Red Sea. Subscribe to read this story ad-free Get ...
By joining Iran’s war, the Houthis have opened a dangerous new arena – one that could hit global trade, oil flows, and the ...
Attacks on commercial ships in the Middle East this month have all but closed the vital Strait of Hormuz to tankers, upending the oil market and sending producers in search of other routes to get ...
Iran and its Houthi proxies may target the Red Sea as they look to inflict economic pain using critical transit points beyond the Strait of Hormuz, experts told The Post. The Iran-backed Houthis in ...
While the Iran war rages, Israel is quietly planning for a potential base at the mouth of the Red Sea from which to strike one of the Islamic Republic's last proxies still operating at full strength: ...
Saudi Arabia’s race to bypass the Strait of Hormuz has led to a buildup of oil supertankers waiting off the kingdom’s Red Sea coast to collect cargoes, as Riyadh tries to overcome unprecedented ...
Iran on Wednesday threatened the safety of vessels attempting to pass through a key Red Sea strait amid the Strait of Hormuz’s closure. The Bab el-Mandeb strait, located approximately in between Yemen ...
Saudi Arabia is offering long-term customers the option of receiving their crude supply for April through the Yanbu Port on the Red Sea, Bloomberg News reported, offering an alternate route as the ...
Between 9 and 11 March, Ethiopia hosted ambassadors from Israel, Jordan, Kuwait, Saudi Arabia, the United Arab Emirates and Oman in Addis Ababa. According to Ethiopia’s ministry of foreign affairs, ...
Saudi Arabia has opened a tender for two million barrels of its flagship Arab Light grade for loading this month from its Red Sea port of Yanbu, Reuters has reported, citing unnamed traders. This is ...
As the Strait of Hormuz remains de facto closed for tanker traffic, Saudi Arabia is scrambling to hike its oil exports via the Red Sea route by boosting east-west pipeline flows and accelerating ...
Profit attributable to shareholders rose 43% last year Strong performances in ports, terminals and logistics Sees rising volumes at Red Sea ports such as Jeddah, Sokhna DUBAI, March 12 (Reuters) - ...
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