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
Loading
Search
Results
15 stories for“saudi houthi war”
Business
Oil Fell Below 102 and Stocks Had Their Best Day Since August on UN-Week Hopes, a Trillion-Dollar AMD and a Meta Rally
Brent settled at 101.20, an eleven-day low, as Trump said he would meet Pezeshkian in New York and Saudi crude found its way through Hormuz at 2.9 million barrels a day. The S&P 500 rose 1.5 per cent, Meta 11.4, and the ten-year slipped back under five.
Sep 22, 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
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
