China also faces issues stemming from Red Sea disruptions, as shipping costs to Europe have more than doubled to about $7,000 from $3,000 in December, 2023’s $3,000, posing a huge threat to its ...

Reporter’s Notebook: Saudi Arabia’s Red Sea Film Fest Comes Into Its Own With Sharp, Star-Studded Second Edition. With a vast and buzzy industry section focused on supporting local filmmakers ...

Oil prices dropped nearly 2% on Wednesday, eating into the previous day's gains as investors monitored developments in the Red Sea, where shippers are returning despite further attacks on Tuesday.

The Red Sea takes its name from periodic blooms of a blue-green algae called Trichodesmium erythraeum, which turn the normally vivid blue waters a reddish-brown.