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Suez Canal diversions pile pressure on Egypt's distressed economy
By Patrick Werr CAIRO (Reuters) - A sharp downturn in revenue after sea attacks by Yemen's Houthis diverted away shipping away from the Suez Canal has struck a painful new blow to Egypt's already dete...
Thomson Reuters Jan 18, 2024
U.S. sanctions UAE shipping firm for violating Russian crude oil price cap
WASHINGTON (Reuters) - The U.S. Treasury on Thursday said it imposed sanctions on a United Arab Emirates-based shipping company for violating the $60-per-barrel price cap on Russian crude oil exports ...
Thomson Reuters Jan 18, 2024
Yemen's Houthis say they do not seek to expand Red Sea attacks
By Samia Nakhoul DUBAI (Reuters) - Yemen's Houthis have said they did not intend to expand their attacks on shipping in and around the Red Sea further, beyond their stated aims of blockading Israel an...
Thomson Reuters Jan 19, 2024
Britain to announce new sanctions against Houthis in coming days - PM Sunak
LONDON (Reuters) - Britain plans to announce new sanctions in the coming days targeting Houthi financing of attacks on shipping in the Red Sea, Prime Minister Rishi Sunak said on Tuesday. U.S. and Bri...
Thomson Reuters Jan 23, 2024
UK and US sanction senior Houthis over Red Sea shipping attacks
LONDON/WASHINGTON (Reuters) -Britain and the United States on Thursday said they had imposed co-ordinated sanctions on four key Houthi figures for their roles in supporting or directing attacks on com...
Thomson Reuters Jan 25, 2024
WTO says its trade growth estimates appear 'overly optimistic'
By Philip Blenkinsop BRUSSELS (Reuters) - The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024 due to a less buoyant global economy and the potential imp...
Thomson Reuters Jan 29, 2024
Yemen's Houthis target fuel tanker Torm Thor in Gulf of Aden
CAIRO (Reuters) - Yemen's Houthis targeted MV Torm Thor, a U.S.-flagged, owned, and operated oil tanker, in the Gulf of Aden, the Iran-aligned group's military spokesman Yahya Sarea said on Sunday, as...
Thomson Reuters Feb 25, 2024
Most UK exporters hit by Red Sea disruption, survey shows
By David Milliken LONDON (Reuters) - Most British exporters and manufacturers have felt an impact from disruption in the Red Sea caused by attacks on shipping by Yemen's Iran-aligned Houthi rebels, ac...
Thomson Reuters Feb 25, 2024
Zelenskiy says Black Sea grain corridor in doubt without US aid
By Michelle Nichols NEW YORK (Reuters) - Ukraine's President Volodymyr Zelenskiy said on Monday that without new U.S. military aid his country would be unable to defend a Black Sea shipping corridor t...
Thomson Reuters Feb 27, 2024
Crude edges higher on supply concerns as shipping disruptions continue
By Arathy Somasekhar (Reuters) - Oil prices ticked up in early Asian trading on Monday, extending gains for the third straight day, as shipping disruptions spurred supply worries. Brent crude futures ...
Thomson Reuters Feb 27, 2024