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DHL CEO says Red Sea disruption could lead to shipping container shortage

Lt. Col. Darin Gaub, a retired U.S. Army Black Hawk helicopter pilot, says the only hope for de-escalating conflicts in the Middle East is for Israel to remain on the defensive. DHL CEO Tobias Meyer said on Wednesday that the continued disruption of global trade due to Houthi rebel attacks in the Red Sea could […]

Chevron CEO says Red Sea risk to oil ‘very real’ 

The CEO of oil giant Chevron said on Tuesday that ongoing tensions in the Red Sea are causing an “extreme impact” on oil flows and prices as Yemen's Houthi rebels step up attacks on Israel and commercial shipping in the region. It warned that it posed a “real” risk. Question from CNBC Regarding the impact […]

Shell suspends all Red Sea shipments indefinitely amid Houthi attacks from Yemen: report

Sen. Markwayne Mullin (R-Okla.) reacts to the U.S. and British military's launch of an offensive against the Houthis in Yemen, speaking to the Iowa caucuses on “The Bottom Line.” British oil company Shell has reportedly suspended all shipping through the Red Sea indefinitely amid continued Houthi attacks from Yemen on commercial ships on the vital […]