Attack on Cargo Ship in Red Sea Kills 2 Crew Members
Digest more
The attack on the Greek-owned Eternity C follows the Iranian-backed Houthis attacking another vessel, the bulk carrier Magic Seas, on Sunday in the Red Sea, which they subsequently sank.
Germany said its aircraft was in the middle of a routine flight in support of the European Union's counter-Houthi mission.
Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red Sea, while U.S. copper tariffs loomed.
Oil prices edge higher in volatile trading as investors weigh a sharp rise in U.S. crude inventories and global trade risks against attacks on shipping in the Red Sea. Brent crude rises 0.4% to $70.45 a barrel, while WTI is up 0.5% to $68.70 a barrel.
Explore more