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SAUDI ARABIA YEMEN BLOCKADE
Global Market: Saudi Aramco Q2 profit jumps 44% as Middle East conflict boosts oil pricesSaudi Aramco reported a 44% year-on-year jump in second-quarter net profit, beating analyst estimates as higher crude oil prices offset low...
'Safe transit service': Yemen's Houthis have no plans to impose fees on ships sailing through Red SeaYemen's Houthi-run maritime body denied plans to impose fees on ships. Passage through the Bab el-Mandeb strait remains free, they stated. ...
US and Iran trade missile barrages as hopes dim for a quick resolution to the five-month conflictThe United States and Iran exchanged missile strikes, escalating regional conflict. Jordan and Kuwait reported intercepting Iranian missile...
Saudi Arabia seeks coalition to secure Red Sea shippingSaudi Arabia is seeking an international coalition to safeguard Red Sea shipping lanes. This initiative aims to counter ongoing Houthi atta...
China holds talks with Houthis to allow tankers via Red SeaChina was among the first countries to contact the Houthis directly about transits through Bab el-Mandeb, the strait at the southern end of...
Yemen's Houthis considering fees for ships sailing through Red Sea, sources sayYemen's Houthi faction is exploring the potential of levying fees on maritime traffic in the southern Red Sea. This fee proposal emerged fr...
Ships transiting via Bab el-Mandeb strait at highest in a week, data showsThirty-seven commodity ships passed through the Bab el-Mandeb strait on Tuesday, a notable increase. Only a few vessels transited the Strai...
Houthis pushing to model Iran's Hormuz control in Red Sea, Yemeni FM saysYemen's top diplomat stated Houthis aim to replicate Iran's Strait of Hormuz strategy. This action could disrupt shipping in the Bab el-Man...
Iran-backed Houthis fire missiles at Saudi Arabia in response to airstrikes in YemenYemen's Houthi rebels launched missile and drone attacks on Saudi Arabia in retaliation for airstrikes. These actions escalate tensions ove...
Iran-backed Houthis fire missiles at Saudi Arabia in response to airstrikes in YemenYemen's Houthi rebels launched missile and drone attacks on Saudi Arabia Saturday. These strikes were in retaliation for Saudi airstrikes o...
Yemen teeters towards renewed war in shadow of Iran conflictYemen is nearing a renewed conflict as Houthi attacks escalate. Saudi infrastructure and shipping have faced recent Houthi targeting. Media...
Missiles targeting Saudi oil refineries shot downSaudi Arabia intercepted two ballistic missiles from Yemen targeting oil refineries in Yanbu. U.S. forces launched air strikes on Iran afte...
Tanker switches Asia voyage via Suez amid Houthi warnings, owner saysThe Torm Innovation tanker will navigate the Suez Canal to Asia. This decision follows Houthi threats impacting shipping in the southern Re...
Trump warns Iran will be held 'responsible' for Houthi ship attacksPresident Trump warned Iran of significant military punishment for Houthi attacks. He described the Yemen-based militia as a proxy of Tehra...
India's oil routes under pressure as second West Asia chokepoint shutsIndia faces intensified energy supply challenges due to choke point closures. Three Saudi oil tankers rerouted in the Red Sea amid Houthi b...
New threat by Yemen's Houthis could widen Iran war, put another trade chokepoint at riskHouthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in...
Oil prices dip as mediation efforts offset US-Iran strikesOil prices softened on Tuesday as markets weighed mediation efforts. Fresh attacks between the United States and Iran also influenced marke...