Dollar revenues from Egypt’s Suez Canal are down 40 percent from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday, after attacks on ships by Yemen’s Houthis caused major shippers to divert away from the route. Ship traffic was down 30 percent in …

Top US Air Force commander in Middle East says struck more than 60 targets at 16 Iran-backed Houthi militant locations The US military carried out over a dozen strikes on Houthi targets in Yemen late Thursday, American officials said, marking the first response to attacks carried out by the Iran-backed …

President Joe Biden was still on his holiday getaway in St. Croix when he spoke with his national security team on the first morning of 2024. The Iran-backed Houthis had launched yet another attack on international shipping in the Red Sea, and the president was ready to discuss the possibility …