The oil giant joins shipping firms in suspending travel through the key route following missile strikes.
A new Suez crisis is brewing as oil giant BP joins global shipping companies in pausing cargo transit through the Red Sea following a wave of Houthi rebel ...
HOUSTON (ICIS)โRecent attacks on vessels in the Red Sea and Suez Canal by rebel groups are complicating shipping in the region, with several carriers ...
A growing number of companies, including BP, have paused shipments through the Red Sea after recent attacks on vessels by Houthi rebels.
Attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea are disrupting maritime trade and prompting U.S. efforts to build a coalition to ...
Energy company follows decisions by five big shipping firms as Houthi militants step up attacks on vessels.
Brent crude and benchmark gas prices jump over disruption of route that handles about a 10th of global trade.
The Houthi rebels of Yemen have increased attacks on ships in the Red Sea in recent weeks - sparking a number of major firms to stop shipping movements ...
Iran-backed Houthi rebels have stepped up strikes on vessels in critical artery for global trade.
London's marine insurance market has widened the area in the Red Sea it deems as high risk after a surge in attacks on commercial ships, according to a ...
It comes after a growing number of companies, including BP, have paused shipments through the waters after recent assaults on vessels by Houthi rebels. The oil ...
In the past week, Iran-backed Houthi rebels in Yemen have fired missiles at container ships in the Red Sea in addition to attacking US and allied warships.
The UK is to join a new US-led multi-national naval force to fend off attacks in the Red Sea from fighters allied to Hamas.
Attacks from the Houthis on shipping vessels have increased in response to the war in Gaza, with BP halting all shipments of oil and gas through the region.
US Defense Secretary Lloyd Austin says coalition will include Bahrain, Canada, France, Italy, UK and other countries.
Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen. The world's second largest shipping line, Maersk, ...
A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to ...
South Korea's HMM is the latest container line to say it is rerouting all vessels from the Red Sea due attacks on shipping by Yemeni Houthi militia.
Vessels to be rerouted via Cape of Good Hope due to threat of Yemeni rebel attacks on Suez route.
The U.S. and other nations are creating a force to protect ships transiting the Red Sea that have come under attack from Houthi-controlled areas of Yemen, ...
The volatile situation in the Red Sea could have a major impact on shipping rates and lead times in the short term.
Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas ...
Attacks by Houthi rebels in Yemen on commercial vessels in recent weeks have resulted in many firms deciding to avoid one of the world's busiest shipping lanes.
Royal Navy Destroyer HMS Diamond joins Operation Prosperity Guardian, a new international task force to protect merchant shipping in the Red Sea and Gulf of ...
Analysts warn delays on the key trading route risk pushing up energy prices following missile strikes.
Egypt and Saudi Arabia notably absent from Operation Prosperity Guardian as more shipping companies forgo route.
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.