Oil prices jumped, and stock indexes fell, following Trump’s announcement
Monday's statements may be intended to placate hardline factions within Iran
Shares of Danish shipping giant Maersk slumped more than 17% in morning trade Thursday after it flagged “high uncertainty” in its 2024 earnings outlook amid Red Sea disruptions and an oversupply of shipping vessels.
French shipping group CMA CGM said on Saturday it was pausing all container shipments through the Red Sea in the wake of attacks on commercial vessels in the region.