The Red Sea crisis has emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and maritime transport, port activity in the MENA region, and ecological balance of ...

Red Sea Trade Route Will Remain Too Risky Even After Gaza Ceasefire Deal, Industry Executives Say By Jonathan Saul and Helen Reid LONDON (Reuters) - Companies transporting their products around ...

The Houthis have turned extortion into a structured business, offering shipowners a 'customer-relations' email address to negotiate payments for safe passage ...

LONDON, Jan 17 (Reuters) - Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty ...

Executives from various industries highlight the high risks and additional costs of war risk insurance, leading to continued route changes and increased travel expenses as they avoid the Bab al-Mandab ...