Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red ...

Oil prices rose on Wednesday as investors weighed strong U.S. gasoline demand data, attacks on shipping in the Red Sea, and a ...

Early January also highlighted the global impact of insecurity in the Red Sea region. Houthi militia, who are Yemen-based rebels, became one of the Red Sea basin’s most pressing security threats.

Geologists have long argued about the structure of the Red Sea. Saudi Arabian geologists now insist it is a fully developed ocean.

With the interests at play here, the Red Sea basin has become an arena for complex global relations. This was especially evident following an early 2024 agreement between landlocked Ethiopia and ...

But the Red Sea isn't defined solely by its name. "The Red Sea is a hotspot of biodiversity with many endemic animals that are found only in the Red Sea or the Gulf of Aden," Kleinhaus said.

Early January also highlighted the global impact of insecurity in the Red Sea region. Houthi militia, who are Yemen-based rebels, became one of the Red Sea basin's most pressing security threats.

Attacks on shipping vessels by Iranian-backed Houthi rebels in the crucial Red Sea shipping lane have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe.

In August, an international effort led by the U.N. averted a massive oil spill in the Red Sea. The FSO Safer, a deteriorating oil tanker anchored in Yemen’s Marib Basin, posed a 1.14-million ...

"The way out of the current situation in the Red Sea basin lies in eliminating the root cause," Mansour said.

Red Sea Global, the developer behind the world’s most ambitious regenerative tourism projects, The Red Sea and Amaala, has released on Monday the findings of one of the world’s largest ...