Shipments of crude oil and refined products through the Bab el-Mandeb strait at the southern end of the Red Sea fell by more than 50% over the first half of this year from volumes in 2023, the agency ...
While much of the world has eyes on Israel’s battles with Hezbollah and Hamas, the U.S. Navy has its sights set on another of Iran’s proxies, the Yemeni Houthi rebels.
The Houthi movement has issued explicit warnings to shipping companies over their use of Israeli ports, raising concerns over maritime security in one of the world's most critical trade routes. On ...