Image source, Bloomberg via Getty ImagesByMichael Race and Ben King, Business reportersPublished23 July 2026Oil prices hit $100 a barrel for the first time since May as the escalat…

A sudden military escalation in Yemen has shattered a fragile, informal four-year truce, threatening to expand an ongoing geopolitical conflict into the Red Sea and sever one of th…

The recent blockade of Saudi ports by Yemen's Houthis, leading to the reversal of two tankers in the Red Sea, underscores growing vulnerabilities in global oil supply routes. The t…

Yemen's Houthis have announced a "maritime embargo" against Saudi Arabia. The Iran-backed group's military spokesman said it would begin immediately and was in …

The Houthi rebels in Yemen have declared a maritime blockade on Saudi Arabia, a significant escalation in the protracted conflict between the two parties. This development comes sh…

The United States has launched its tenth consecutive night of operations against Iran, targeting military sites in Sirik, Bandar Abbas, Qeshm Island, and Isfahan. This sustained ca…

Cairo, Egypt – A series of diplomatic consultations in Cairo involving Egypt, Somalia, Eritrea, and a senior US envoy reflects growing efforts to coordinate approaches to security …

Amid the disruption in shipping through the Strait of Hormuz during the US-Israel war on Iran, Saudi Arabia was attempting to facilitate oil flow through alternative routes through…