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
Loading
Search
Results
5 stories for“Houthis”
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
