DUBAI, United Arab Emirates — A mysterious airstrip being built on a remote island in Yemen is nearing completion, satellite ...

I’ll spend the extra money, and I’ll send everything around the tip of Africa…There is no way I’m putting any of my ...

Reed Smith partner Jeb Clulow looks at the legacy of Houthi attacks on commercial vessels and how a Gaza ceasefire could ...

As developments in the Middle East unfold, the shipping industry is keeping an eye on the Red Sea, with hopes for a potential ...

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ...

New images have revealed an airstrip being build on a Yemeni island; it could have major ramifications for the region's stability.

A permanent tail-risk would become embedded in financial and shipping markets as investors factored in the possibility of a ...

The Iranian-backed Houthi militia in Yemen poses a growing global threat, targeting trade, energy supplies, and international security. Armed by Iran, they exploit strategic waterways, disrupt ...

A.P. Moller-Maersk expressed caution about any fast return to shipping through the Red Sea, after the Yemen-based Houthis signaled a pause in their attacks on commercial vessels.

Executives from shipping, insurance and retail industries told Reuters the risks remained too high to resume voyages through ...

The recent oil price rally appears to have been halted, at least temporarily, thanks to hopes of a de-escalation in the ...

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.