Egypt's Cabinet confirms a drone caused the Damietta Port fire
The strike directly hit the regasification vessel, while the adjacent storage vessel was disconnected and remains “100% intact”
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The strike directly hit the regasification vessel, while the adjacent storage vessel was disconnected and remains “100% intact”
The corridor moving Saudi crude around the blockade has a hard ceiling, and the campaign against the Kingdom just escalated
We asked Lars Jensen, CEO of Vespucci Maritime, what a formal closure would — and wouldn’t — change
What we’re tracking this morning regionally and around the world
A complete closure would severely impact Red Sea cargo — especially a problem for Saudi Arabia
The first claimed Houthi attack on Saudi territory since the 2022 truce has disrupted flights and renewed concerns over regional…
What we’re tracking this morning regionally and around the world
Cape rerouting is bringing traffic, but supply and capacity remain an issue
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