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U.S. Searches for Missing Navy SEALs, Launches Fresh Strikes on Houthis

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U.S. Searches for Missing Navy SEALs, Launches Fresh Strikes on Houthis

Updated Jan. 16, 2024 2:07 pm ET The U.S. military was searching for two Navy SEALs lost at sea during an operation that seized Iranian-made missile parts bound for Houthi rebels in Yemen, as the U.S. launched another series of strikes against the group. The waters off the Yemen coastline have become a zone of … Read more

Importers Face Surging Shipping Costs, Delays as Red Sea Diversions Pile Up

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Importers Face Surging Shipping Costs, Delays as Red Sea Diversions Pile Up

Updated Jan. 10, 2024 9:04 am ET Western importers are reporting a steep rise in ocean-shipping rates and weekslong delays as carriers divert ships from the Red Sea to avoid Houthi rebel attacks. Some companies shipping goods on the crucial trade lane are starting to chafe at the rising prices and extra fees that ocean … Read more