The EU naval mission will help provide security for shipping in the Red Sea but will not partake in air strikes on Houthis in Yemen, who vow to stop attacks when Israel ends its war on Gaza
Ocean freight shipping rates are set to increase further in early February amid the ongoing Red Sea crisis. According to the Xeneta ocean freight rate benchmarking platform, market average short-term…
At least 50 affected countries, a 40% decline in Suez Canal revenues, and German car factories pause production. Al Majalla lays out the economic impact of Red Sea disruptions in numbers.
International trade is coordinated through numerous shipping lanes worldwide. According to the International Maritime Organisation (IMO), about 90% of goods moved globally travel by ocean – however,…
US marines have acted against raiders in the Bab al-Mandab strait, where Israel's war on Gaza has intensified a proxy battle between Iran and Israel. It is worrying traders, sailors and insurers.
The French president issues a dark and prophetic warning in an interview with the Economist as Chinese President Xi Jinping arrives in France with Ukraine and EU trade row at the top of agenda
There were dire predictions over the impact of sanctions and yet growth has increased, thanks to military spending. But there are deeper doubts over whether it can last and what lies ahead.
As NATO allies, US-Turkey relations should be good, but after Turkey asked to join South Africa's genocide case in the ICJ against Israel, scheduling is suddenly tight.
The Captagon trade has generated billions of dollars for the al-Assad regime, but Biden has hesitated to wield sanctions effectively. The Captagon 2 Act has more teeth, but will he use it?