The cost of insuring commercial ships that sail past Yemen’s Houthi militants surged after the rebels sank two ships and ...

Shipowners now have to pay about 1% of a ship's value if they want to pass through the Red Sea, said Marcus Baker, global ...

The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ...

Red Sea Insurance Premium Spikes as Houthi Risks Return OAKLAND, CALIFORNIA - MAY 21: In an aerial view, a shipping crane sits idle at the Port of Oakland on May 21, 2024 in Oakland, California.

The Red Sea and Strait of Hormuz are no longer just trade routes but litmus tests for how the world responds to overlapping security, economic and political shocks.

A marine heat wave in the Mediterranean is combining with a powerful heat dome to cause Europe to swelter under a brutal ...

New street crime task force, drones putting dent in summer crime spike ...

Investing.com-- Oil prices steadied near two-week highs in Asian trading on Thursday as investors assessed new trade tariff ...

MOTORISTS may need to brace for higher fuel prices next week as global oil markets react to stronger demand and renewed ...

As monsoon winds gain strength across Maharashtra, the India Meteorological Department (IMD) has issued a red alert for ...