Tuesday, May 5, 2026
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Tag: Red Sea shipping

World oil prices rise on Red Sea escalation

Oil prices climbed after United States and United Kingdom forces launched strikes against Iran-backed Huthi rebels, while global stocks were mixed following the kickoff...

More than 20 countries join coalition to protect Red Sea shipping

More than 20 countries have joined the US-led coalition to protect Red Sea shipping from attacks by Yemen's Huthi rebels, the Pentagon said on...
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