A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.
Secretary of State Antony Blinken held a call with Saudi Arabian Foreign Minister Prince Faisal bin Farhan on Monday in which he condemned attacks by Yemen's Houthi movement on commercial vessels in international waters in the Red Sea, the State Department said on Monday.
Several countries have agreed to jointly carry out patrols in the southern Red Sea and Gulf of Aden to try to safeguard commercial shipping against attacks by Yemen's Houthi rebels, U.S. Defense Secretary Lloyd Austin said.
Stock markets in the United Arab Emirates ended lower on Monday after a top U.S. central bank policymaker pushed back against expectations of imminent rate cuts, while the Saudi index gained on rising oil prices.
Israel will gradually transition to the next phase of operations in Gaza, the country's defence minister said on Monday following talks with U.S. Defense Secretary Lloyd Austin about lower intensity combat and ways to reduce harm to civilians.
QatarEnergy expects to agree new long-term liquefied natural gas supply deals in Asia and Europe, with several "imminent", its chief executive told Reuters.
The International Monetary Fund's governing body has approved a 50% increase in quota resources to be contributed by member countries in proportion to their current IMF shareholding, bringing total quotas to $960 billion, the IMF said on Monday.
An Israeli aircraft struck areas from which launches were fired from Lebanon, the IDF said in a statement on Monday evening.
Turkish President Recep Tayyip Erdogan arrived in Budapest on Monday to meet with his Hungarian ally, Viktor Orban, and likely discuss Sweden's accession to NATO, which the two countries have yet to ratify.
Mounting attacks by the Iran-aligned Yemeni Houthi militant group on ships in the Red Sea are disrupting maritime trade as leading global freight firms reroute around the Cape of Good Hope to avoid the Suez canal.
CIA chief Bill Burns will meet Qatari Prime Minister Mohammed bin Abdulrahman Al Thani and the head of Israel's Mossad spy agency in Warsaw on Monday.
Egyptian President Abdel Fattah al-Sisi has been criticised as a despot for crushing opposition lingering from a brief period of democracy, while winning praise from supporters for boosting security and driving an army-led infrastructure binge.
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