Oil prices volatile after latest attack on shipping container in the Red Sea

News Snapshot:

Two of the world's largest container ship operators have extended diversions from the Red Sea following an attack on a vessel at the weekend that has been blamed for renewed oil price volatility. On Sunday, Maersk suspended sailings near or via the Suez Canal after one of its giant carriers, the Maersk Hangzou, was targeted by Houthi militants - the latest in a string of attacks on shipping vessels since November. US military helicopters sank three boats, killing 10 militants, after receiving a distress call in the early hours of New Year's Eve. The response was part of a pledge...