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...Port executives said they were dealing with overflowing storage yards and waits for vessels to berth following Houthi attacks on ships in the Red Sea, which has led to a surge in traffic at Algeciras and...
...The US has held secret talks with Iran this year in an attempt to convince Tehran to use its influence over Yemen’s Houthi movement to end attacks on ships in the Red Sea, according to US and Iranian officials...
...Hipgnosis’ music portfolio includes artists such as the Red Hot Chili Peppers and Shakira....
...Oil prices on Thursday rose above $81 a barrel for the first time since late December as the threat of Houthi attacks continues to divert tankers and other commercial vessels away from the Red Sea....
...Denmark’s defence forces in March said the Iver Huitfeldt had successfully shot down drones flown by Houthi rebels over the Red Sea....
...Sea....
...Pepco, owner of the Poundland retail chain, has warned that disruption in the Red Sea is leading to higher freight costs and could hit product supply....
...Volvo Cars has halted production at its factory in Belgium after shipping disruption in the Red Sea delayed a delivery of gearboxes to the Swedish carmaker....
...Hipgnosis Songs Fund has slashed the value of its music portfolio by more than a quarter, and said it would need to use free cash to pay down debt, in the latest blow to investors in the UK-listed music...
...Orange, which uses but does not own the damaged cables in the Red Sea, said it was putting additional security in place....
...The US has said it does not seek a wider war but will not hesitate to act to protect freedom of navigation in the crucial Red Sea and Gulf of Aden....
...There’s obviously a trade-off whereby the Red Sea journey is faster but has a higher risk than going the long way round....
...Oil prices jumped on Tuesday on mounting concerns over Houthi rebel attacks on commercial vessels in the Red Sea, one of the world’s most important trade corridors....
...UK defence secretary Grant Shapps has hinted military retaliation against the Houthis could be imminent, as he accused Iran of helping the Yemen-based militant group target ships in the Red Sea....
...The US has asked China to urge Tehran to rein in Iran-backed Houthi rebels attacking commercial ships in the Red Sea — but has seen little sign of help from Beijing, according to American officials....
...The US and 11 other countries condemned attacks by Houthi rebels on commercial shipping in the Red Sea and warned the militant group of potentially severe consequences if their attacks continued....
...Oil prices jumped more than 2 per cent on Wednesday as the threat of Houthi rebel attacks on container ships in the Red Sea continued to roil commodity markets....
...Oil prices breached $80 a barrel on Wednesday on concerns about the safety of vessels passing through the Red Sea....
...CMA CGM, operator of the world’s third-largest container ship fleet, said it might still use the Red Sea when it could get an escort from French warships....
...Oil prices rose on Friday as concerns over threats to Red Sea shipments offset higher inventories and US output. Brent, the international crude oil benchmark, rose 1 per cent to $80.18 a barrel....
...“It’s unclear to us if we are talking about re-establishing safe passage into [the] Red Sea in a matter of days, weeks or months . . ....
...Both companies last week paused transits through the Red Sea because of the threat of attacks....
...“In light of the deteriorating security situation for shipping in the Red Sea, BP has decided to temporarily pause all transits through the Red Sea,” the British energy company said in a statement on Monday...
...The US has said Iran has been “deeply involved” in planning Houthi attacks on commercial vessels transiting the Red Sea and warned Tehran of a possible response amid the increased threat to shipping through...
...The takeover values each Hipgnosis share at 93p, roughly a third above the group’s closing price on Wednesday and a small premium to the latest valuation of a music portfolio that includes the Red Hot Chili...
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