The British oil company Shell reportedly has suspended all shipments through the Red Sea indefinitely amid the ongoing Houthi attacks from Yemen on commercial vessels on the key global trade route.

Shell declined to respond to the Washington Examiner’s request for comment. The disruption pushed up oil prices slightly, with international benchmark Brent crude seeing gains of roughly 81 cents, up ...

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This week, oil giant Shell confirmed its tankers are avoiding the Red Sea and Shell's CEO told the Wall Street Journal there would be at least a 5-10% price impact in the short-term. The shipping ...

Shell has suspended indefinitely all its shipments via the Red Sea/Suez Canal route amid rising tensions in the region and fears of escalating Houthi attacks on commercial shipping, The Wall Street ...

Supermajors are adopting different tactics to respond the deteriorating security situation in the Middle East with Shell reportedly electing to suspend its vessels’ movements in the Red Sea while ...