Business
Red Sea Tanker Attacks Push Oil Above $96 a Barrel
Houthi claims against two Saudi tankers have exposed the weakness in plans to bypass Hormuz, sending Brent higher as two vital shipping routes face risk.
Jul 23, 2026
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13 stories for“houthi attacks shipping”
Business
How the Red Sea Crisis Is Reshaping Gulf Supply Chains
Houthi attacks on shipping have rerouted global trade around Africa, and Gulf importers are absorbing the fallout in freight rates and delivery times.
Feb 5, 2024
Business
The Red Sea Crisis Is Squeezing Gulf Restaurant Margins
Shipping disruption is pushing up the cost of imported produce and packaging, and Gulf restaurateurs are running out of room to absorb it quietly.
Apr 9, 2024
Business
Oil Plunges More Than 7% as Iran Opens the Door to Talks and Rubio Says Washington Would Prefer Peace
Brent settled at $104.77 and WTI at $96.46 on Monday after Tehran said its supreme leader had authorised negotiations and the US said no decision on new strikes had been taken.
Nov 2, 2026
Business
Nasdaq Ends Its Worst Week Since June as Chip Stocks Slide and Oil Climbs Toward $110
The Nasdaq lost 4.5 percent over five days and the S&P 500 1.9 percent, while Brent touched its highest settle since May and the market's fear gauge jumped above 22.
Oct 18, 2026
