Red Sea

Trump says US to ‘look at’ joining Saudi strikes on Houthis

Saudi authorities issued warnings in the Islamic holy city of Mecca and cities of Jeddah and Tabuk

Saudi Arabia has launched hundreds of strikes in recent days on the fighters’ positions in the highlands

Bond markets remain tense after a vicious sell-off

Iranian military says that it has information that an attack is being prepared

Freight has never taken a big part of the delivered cost of oil, but it’s now playing a much bigger role, says an analyst

Houthis say they had also attacked an Aramco facility in Yanbu, a key Saudi oil export hub

Houthis have seized Yemen’s entire Red Sea coast in a lightning advance

They say it is unclear how Teheran will respond