Red Sea

Brent crude rises above $100 a barrel as Middle East conflict escalates

The Houthi attacks could threaten crude shipments via the Red Sea, which has been a key alternative route to the crucial Strait of Hormuz, where crude flows have been severely curtailed.

Illustration shows U.S. and Iranian flags, 3D printed oil barrels and rising stock graph
Members of Houthi security forces sit on a rock at the site of a rally held to commemorate Mawlid, marking the anniversary of Prophet Muhammad's birthday, in Sanaa, Yemen, August 25, 2026.

Houthis escalate fighting in Yemen, eyeing control over Mocha Port, Bab al-Mandab Strait - report

Map of Strait of Hormuz published by the Islamic Revolutionary Guard Corps' (IRGC) Navy of the area controlled by the Iranian Armed Forces, May 4, 2026.

Iran’s Strait of Hormuz leverage is fading as global oil keeps flowing - opinion

A commercial vessel passes through an international shipping lane off Yemen's Hanish Island in the Red Sea on July 27, 2026; Illustrative.

Saudi vessel attacked in Red Sea, national shipping company confirms following Houthi claims


Houthis claim attack on Saudi military ship, four escort vessels in Red Sea

Houthi military spokesman Yahya Saree claimed the group targeted a Saudi military ship and four escorts with missiles in the Red Sea.

Supporters of the Iran-backed Houthi movement brandish their weapons as they rally in solidarity with Iran and Lebanon amid the Middle East war, in the capital Sanaa on April 17, 2026.

Red Sea Mocha port in Yemen closed following over 25 Houthi missile attacks

The attacks killed seven people and caused an estimated $16 million in losses, the director told a news conference.

Damage in the aftermath of Houthi strikes on the Red Sea port city of Mocha, Yemen, August 10, 2026 in this screengrab taken from a handout video.

Yemen UN envoy warns Security Council of regional escalation amid Iran-backed Houthi attacks

Grundberg said Houthi attacks in Marib, Hadramaut, Mokha and other areas have resulted in military and civilian casualties.

A ship off the port of Aden, where traffic remained steady after the Iran-aligned Houthis said their forces had carried out missile and drone strikes on Saudi oil tankers, in Aden, Yemen, July 23, 2026.

Saudi Arabia considers backing Yemeni ground offensive to retake Houthi-held Red Sea coast

For three years, Saudi Arabia has sought to contain the Houthis while avoiding a return to full-scale war. What happens next turns on what Riyadh decides.

Members of Houthi security force stand guard as Houthi supporters rally against the Saudi-led coalition's restrictions on Houthi-controlled areas, which the group describes as a blockade, in Sanaa, Yemen, July 17, 2026.

Are the Houthis Iran’s last gaming card? – opinion

Weakening the Houthis – Iran’s strongest proxy left – can alleviate the current pressure on Saudi Arabia, Red Sea shipping, Israel, and the region at large

A member of Houthi security forces mans a machine gun mounted on the back of a patrol vehicle at the site of an anti-Saudi rally amid an escalation with the kingdom in Sanaa, Yemen, last month.

Houthi missile strike on ship in Bab el-Mandeb kills four Pakistanis, one Indonesian - report

Later, the United Kingdom Maritime Trade Operations (UKMTO) on Tuesday afternoon stated that a cargo vessel was struck by an unknown projectile off the coast of Al Mokha, Yemen.

A photo taken from the Yemeni coast southwest of the city of Taiz, shows a vessel anchored at Bab al-Mandab Strait, in the Red Sea, on July 24, 2026.

Gulf states pay the price as shipping crisis exposes costly dependence on the Strait of Hormuz

"A lot of the necessities, and I'm talking food, that these Gulf nations require - Kuwait, the UAE, Bahrain, Qatar, Saudi Arabia - comes in by boat," and flying in goods is causing prices to rise.

The sun sets behind the Doha skyline on August 4, 2026.

Netanyahu vows Iran will never have nuclear weapons, rejects BoP's 15-point Gaza plan

Report: IDF withheld Hezbollah explosive drone attack • Protesters renew calls for Oct. 7 probe • Report: Netanyahu, Katz silently approved reconstruction effort in Gaza Strip

Prime Minister Benjamin Netanyahu attends the Negev Conference in the southern city of Dimona, southern Israel, July 17, 2026.

Attacks continue in Strait of Hormuz as Vance notes progress in Iran negotiations

Israeli soldier injured in southern Lebanon accident • IDF reportedly delayed disclosing Hezbollah violation • Saudi Arabia, Turkey, Pakistan ready to sign new defense pact

US Vice President JD Vance speaks during a Congressional Roundtable on Anti-Fraud Initiatives at the Indian Treaty Room of Eisenhower Executive Office Building on August 5, 2026 in Washington, DC.

IDF reportedly delayed disclosure of Hezbollah ceasefire violation, Hormuz deal expected soon

IDF gives all-clear after cut found in Kibbutz fence • Saudi Arabia, Turkey, Pakistan ready to sign new defense pact • Reported Houthi attack kills two, injures 14 in displaced persons camp

Iranian parliament speaker Mohammad Bagher Ghalibaf (L) shakes hands with Omani Foreign Minister Badr bin Hamad Al Busaidi (R) before a meeting in Muscat, Oman, on June 22, 2026: Illustrative.