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Keywords: Red Sea
Saudi Arabia has announced the formation of a 14-country maritime coalition aimed at strengthening security across the Red Sea, the Bab al-Mandeb Strait and the Gulf of Aden, as regional tensions continue to threaten one of the world's most critical maritime trade corridors. The initiative comes......
Oil prices fell sharply in Asian trading on Monday, dropping by more than 5% as investors reacted positively to the absence of new US strikes against Iran and renewed hopes that diplomatic talks could help ease tensions between Washington and Tehran. After around 30 minutes of trading, Brent crude,......
The conflict between the United States and Iran continues to intensify, with U.S. President Donald Trump indicating that his administration is considering a broader military campaign while diplomatic contacts with Tehran remain ongoing. Speaking at the White House on Friday, Trump said no final decision......
Global oil prices experienced a sharp upward surge on Thursday, with Brent crude breaching the key psychological threshold of 100 dollars per barrel for the first time since May. The spike was triggered by escalating attacks on commercial maritime traffic in the Red Sea, which compounded ongoing navigation......
United Nations Secretary-General António Guterres has voiced deep concern over a fresh wave of attacks targeting commercial shipping lanes in the Red Sea, urgently calling for an immediate de-escalation to safeguard global commerce and regional stability. The latest maritime incidents—claimed......
Global oil markets faced renewed pressure on Thursday as escalating tensions in the Red Sea pushed crude prices sharply higher, with Brent oil climbing above the $100 per barrel threshold for the first time since May. The surge reflects growing concerns over potential disruptions to global energy supplies......
US President Donald Trump signaled on Thursday that Washington is evaluating a broad military campaign against Iran that could surpass previous operations in scale, though a final determination has yet to be rendered. Speaking on the potential for renewed confrontation, Trump indicated that he is seriously......
U.S. President Donald Trump has issued a strong warning to Iran and Yemen's Houthi movement, threatening significant military retaliation following attacks on oil tankers in the Red Sea involving missiles and drones. In a statement published on his Truth Social platform, Trump said Washington would......
Oil prices climbed to their highest level in more than six weeks as escalating tensions in the Gulf and the Red Sea raised concerns about potential disruptions to global energy supplies. By 9:35 a.m. Moscow time, September West Texas Intermediate (WTI) crude futures had risen 1.44% to $88.08 a barrel.......