In a significant escalation of tensions, two crude oil tankers, the Saudi-flagged Amjad and Panama-flagged Blue Lagoon I, were attacked in ...

US and UK airstrikes target Yemen-based Houthis to curb attacks on ships in the Red Sea. The economic impact widens as the group remains un...

Shipping firms are diverting vessels on to the longer, more costly route around southern Africa after Houthi militants in Yemen began drone...

The Red Sea crisis, caused by Houthi militants targeting shipping vessels, will not have an inflationary impact or cause a drastic shortage...

Oil stocks jumped up to 8% on Monday led by gains in state-run Oil & Natural Gas Corporation (ONGC) and market heavyweight Reliance Industr...

Brent crude futures climbed 83 cents to $84.38 a barrel by 2341 GMT after hitting a session-high of $84.80. U.S. West Texas Intermediate cr...

The attacks on shipping vessels in the Red Sea by Houthi militants have not affected India's crude oil supply, according to Hindustan Petro...

The Houthi attacks, in what they call a bid to support Palestinians in the war with Israel, have disrupted trade on the main East-West rout...

Four oil tankers, including Toya, Diyyinah-I, Stolt Zulu, and Navig8 Pride LHJ, have changed their course to avoid the Red Sea after strike...

President Ranil Wickremesinghe declared that Sri Lanka will contribute a Navy vessel to counter Houthi rebel attacks on merchant ships in t...

India's refiners are focusing on increasing supplies from the Middle East and other countries due to recent attacks on ships in the Red Sea...

The world's top shipping companies, including Maersk and Hapag-Lloyd, stopped using Red Sea routes after Yemen's Houthi militant group bega...

“As of Sunday 24 December 2023, we have received confirmation that the previously announced multi-national security initiative Operation Pr...

“Following the near-miss incident involving Maersk Gibraltar yesterday and yet another attack on a container vessel today, we have instruct...

Houthi militants, aligned with Iran, are attacking vessels with ties to Israel when they pass through the Red Sea, causing insurance costs ...

The vessel, one of the world's largest container ships, became jammed across the canal in high winds on March 23, halting traffic in both d...

INS Tarangini, the Sail Training Ship of Indian Navy, has commenced an eight-month voyage to participate in the annual Tall Ship Races and ...