A sea inlet of the Indian Ocean, between Africa and Asia.
Saudi Aramco has reported a $32.5 billion profit for Q1 2026, driven by higher volumes and a full-capacity East-West Pipeline that is helping mitigate global energy shocks despite continuing disruption in the Strait of Hormuz. The company notes ongoing headwinds from Hormuz while maintaining its dividend and investing in growth.
Campaigns protest rising energy costs as Shell and other oil majors report rising profits; governments are weighing measures to curb profiteering while households confront higher energy and food prices amid global tensions.
Oil markets are facing a prolonged impact from the current crisis in the Strait of Hormuz, with analysts and industry leaders warning that a full rebound in flows may take years. Saudi and UAE officials emphasise resilience strategies to cushion prices, while other observers caution that the damage to global trading systems will extend beyond the immediate conflict.
The Houthis have declared a complete ban on Israeli-enabled maritime traffic in the Red Sea, signaling escalation amid clashes between Iran and Israel. The move follows threats of a naval blockade and comes as the Bab al-Mandab and Hormuz chokepoints risk disrupting global energy shipments.
The Red Sea shipping route faces disruption as Houthi threats widen the risk to Israeli-linked vessels amid Iran’s ongoing closure of the Strait of Hormuz. Saudi Arabia diverts crude to Yanbu, while energy markets react to escalation in the region.
Somaliland has opened diplomatic ties with Israel since recognition in 2025. Leaders are meeting in Jerusalem to expand security, economic, and technological cooperation. An embassy has opened in Jerusalem, and talks focus on deepening strategic collaboration and regional stability.
Sudanese authorities say Egyptian forces have detained hundreds of miners near the Sudan-Egypt border, with reports of casualties and seizures of mining equipment. Sudan’s leadership calls for investigation while experts highlight regional instability and the role of unregulated gold mining in fueling conflict.
Vessel transits through the Strait of Hormuz have risen this week amid shifting navigation guidance and ongoing tensions between Iran, the U.S., and Oman. Observers report mixed routes with a northern Iranian corridor and a southern Omani corridor, while the broader risk to shipping remains elevated.
Tensions escalate between Washington and Riyadh after Saudi Arabia blocks U.S. use of its bases and airspace for Project Freedom, prompting a rethink of the U.S. Gulf military footprint even as officials insist the partnership remains strong.
A travel writer explores the Cascades Golf Resort in Somabay, Egypt, and its surrounding Red Sea attractions. The piece covers snorkeling at Tobia Arbaa, windfoiling at the Duotone Pro Center, and marina dining, highlighting vibrant marine life, thalassotherapy, and the bay’s year-round wind for water sports.
Coalition spokesperson has said the group’s threats to Saudi Arabia are an attempt to divert attention from Yemen’s humanitarian crisis. The United Nations and regional partners are urged to move from condemnation to deterrence as tensions rise around shipping routes in the Red Sea and Bab al-Mandab.
The UK Maritime Trade Operations center has reported an attack on a cargo vessel 30 nautical miles southwest of Hodeidah, Yemen. The incident follows a string of Red Sea security alerts amid a fragile ceasefire between the U.S. and Iran. No group has claimed responsibility, and authorities are investigating.