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

According the Houthi spokesman, Yahya Saree, the attack was prompted by the fact that the shipowner restarted operations with the Israeli port of Eilat ...

Yemen's Houthis have claimed the attack on a ship in the Red Sea this week that killed several crew members. Meanwhile, US ...

DUBAI, United Arab Emirates (AP) — A Liberian-flagged cargo ship attacked by Yemen’s Houthi rebels sank Wednesday in the Red ...

Yemen's Iran-backed Huthi rebels claimed responsibility Wednesday for a deadly attack that sank a merchant vessel earlier ...

Western and Eastern energy giants are competing for new Egyptian gas exploration blocks. As Egypt opens 12 key Mediterranean ...

Video released by the Houthi media center shows the bulk carrier ‘Magic Seas’ being attacked and later sinking in the ...

Oil prices edge higher in volatile trading as investors weigh a sharp rise in U.S. crude inventories and global trade risks against attacks on shipping in the Red Sea. Brent crude rises 0.4% to $70.45 ...

The Yemen-based Houthis carried out their second attack on a commercial vessel in the Red Sea this week, which resulted in the deaths of three crew members.