US Central Command has announced that an American destroyer downed two anti-ship ballistic missiles launched from Yemen Saturday, after responding to a distress call from yet another container ship which…

The US Department of Defense said a chemical tanker sailing in the Indian Ocean was struck by a drone launched from Iran early on Saturday. In a statement, a spokesperson…

As cargo ships have been diverted from the Red Sea due to the threat of attacks from Houthi rebels operating out of Yemen, global logistics companies have seen the costs…

Speaking at a meeting of the Council for Strategic Development and National Projects this week, Russian First Deputy Prime Minister Andrey Belousov told the crowd that this year, Russia will…

On Friday two major global shipping companies, Maersk of Denmark, and Hapag-Lloyd of Germany, announced they were halting all shipments through the Red Sea as of Friday, due to security…

A US ammunition dealer is warning that the scarcity in the global gunpowder market may end up causing the prices of ammunition to skyrocket. Minnesota-based Vista Outdoors, which owns several…

Two defense officials confirmed to Reuters that on Monday a commercial tanker vessel was struck by a land-based cruise missile launched from Houthi-controlled Yemen. The ship suffered a fire and…

On Wednesday, RIA Novosti reported that since the start of the war between Ukraine and Russia, data from the US Treasury and the Ukrainian Finance Ministry shows that Ukraine has…

According to a new report by ratings agency S&P released this week, Israel will see its economy contract by 5% in the fourth quarter of this year, as the conflict…

Fitch Ratings is warning that the Israeli-Hamas conflict could still disrupt global oil supplies and negatively impact global oil growth in 2024. In a new report the ratings agency released…