Stay updated with breaking news from Peter Sand. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
LONDON: Oil rose on Tuesday, extending the previous session's gains, after attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade and forced companies to...
Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea.
But alternative routes are a boon for shipping firms | Business
STOCKHOLM : Global shipping rates rose sharply and companies scrambled to avoid disruption to shipments after attacks on vessels in the Red Sea on Tuesday stymied traffic through the key Suez Canal trade artery.Recent attacks by Iran-aligned Yemeni Houthi militant group on vessels forced leading shipping
Insurance costs soar for vessels going through the Red Sea as experts call the attacks a ‘significant impediment’ to international commerce