Oil prices were volatile Tuesday, jumping more than 2% earlier in the day on Red Sea tensions but later giving up those gains. U.S. crude was last down 82 cents, or 1.14%, to trade at $70.83 a barrel.

The U.S. Navy's USS Harry S. Truman had an F/A-18 Super Hornet fighter jet go overboard while operating in the Red Sea, the military branch said Monday.

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For the first quarter of 2025 A.P. Moller - Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.

Port accounts for up to 7% of Israeli maritime trade and is part of the security apparatus for southern Israel ...

First, the Good. The stellar tactical performance of the U.S. Navy in the Red Sea from the end of 2023 to the beginning of 2025 is not in dispute here. U.S. sailors downed nearly 400 drones and ...

Danish shipping major Maersk expects the disruption in the Red Sea to continue throughout the rest of 2025. This week President Donald Trump said that the US will halt bombing the Houthis in Yemen ...

It was the MH-60S Seahawk helicopters—deployed from the USS Eisenhower and USS Gravely—that stopped a brazen Houthi attack on ...