The Drewry World Container Index (WCI) fell for the second consecutive week, declining 4% to US$4,374 per 40ft container. The decrease was driven by weaker freight rates on the Asia–Europe and…
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Houthi attacks for now are shaping who moves Saudi crude, not whether it moves, analysts say, even as oil prices soar.
The flow of Middle East energy trade is evolving yet again after attacks on two tankers in the Red Sea by Iran-backed Houthi militants. In a recent maritime security webinar,...
President’s remarks follow Houthi strikes on Saudi tankers in the Red Sea and oil prices rising past $100 a barrel again Donald Trump has said he is close to deciding whether to launch “a massive…
The Houthis are claiming attacks on two tankers in the Red Sea, furthering their threat to impose by force a blockade on Saudi ships or ships using Sa...
This live blog has not closed, you can read our latest story from the region here Earlier in the US day, before Iran’s Revolutionary Guard said it had stopped three oil tankers from passing through…
President Donald Trump on Thursday threatened direct military retaliation against Iran after Yemen’s Houthi movement resumed attacks on commercial shipping, targeting two Saudi oil tankers in the Red…
The Morning Manifest
One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
