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

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 ...

Oil prices climbed on Wednesday, maintaining their highest levels since June 23, lifted by attacks on shipping in the Red Sea ...

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 .

(MENAFN- The Conversation) The Red Sea region is a geopolitical hotspot. It holds strategic maritime importance as a global trade transit route and plays a crucial role in the broader region's ...

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 .

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 ...

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.

The Red Sea is logically recognized as a sea. But Saudi Arabian geologists now insist it is a fully developed ocean and can be viewed as a “younger and smaller version” of the Atlantic .

The Bab-el-Mandeb strait at the mouth of the Red Sea is an important ... especially after the United Nations Security Council adopted Resolution 2722 on the situation in the Red Sea basin ...

Red Sea Global, the developer behind ... • Overall, 10 of the 12 seagrass species found in the Red Sea basin have been encountered in The Red Sea area and seven in Amaala.