The United States has sanctioned two Iranian companies accused of operating an IRGC-backed “extortion scheme” that forces commercial ships to buy maritime insurance before transiting the Strait of…
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Riyadh seeks partners to safeguard shipping in Red Sea as strikes on energy tankers expand, pushing oil prices higher.
RIYADH, July 29 (Reuters) - Saudi Arabia is seeking to build an international coalition to protect shipping in the Red Sea from Houthi attacks, two people familiar with the deliberations said on…
Yemen's Houthi rebels have launched attacks on Saudi shipping in a show of solidarity with Iran, disrupting tanker traffic in and out of Yanbu. But ev...
Oman’s Gulf-backed plan asks ships to pay for Hormuz passage voluntarily. The paradox: voluntariness makes the fee harder to refuse and harder to defend. The post Omani Plan: Hormuz stops being…
Around 50 countries have been invited to join the Saudi-led initiative aimed at countering Houthi threats to Red Sea shipping and preventing a repeat of recent disruptions in the Strait of Hormuz.
A floating storage and regasification unit and an LNG carrier have been hit in an apparent drone attack at Egypt’s Damietta terminal, potentially extending the Middle East’s rapidly widening maritime…
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