Searched for
IRAN HOUTHI THREAT RED SEA OIL ROUTE
Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil sceneAs nations surrounding Iran pour billions into new pipeline networks, the significance of the Strait of Hormuz as an oil transit route is r...
Some ships refusing US-military guided Hormuz transits after attacks, sources sayShipping firms are avoiding a U.S. military transit route through the Strait of Hormuz. This avoidance stems from recent Iranian attacks on...
Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflictOil prices climbed for a fourth day on Thursday. New U.S. strikes on Iran fuelled fears of conflict and supply disruptions. Brent crude fut...
Saudi, Houthis edge towards war as Middle East conflict spills overSaudi Arabia and Yemen's Houthis are nearing renewed conflict after recent attacks. Houthi fighters claimed large-scale strikes on Saudi Ar...
Euro zone bond yields tick higher along with oil prices after big swingsBond yields in the Euro zone experienced a slight uptick on Wednesday, driven by rising oil prices linked to the U.S.-Iran tensions that th...
Euro zone bond yields tick higher along with oil prices after big swingsEuro zone bond yields edged higher on Wednesday as oil prices climbed. Germany's 2-year bond yield rose, sensitive to central bank rate exp...
Crude shipments from Saudi Arabia's Yanbu port near maximum levels amid Houthi tensionsSaudi Arabia is maximizing oil exports through its Yanbu port this week. Increased loadings at Yanbu reflect rising tensions with Yemen's H...
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
One misstep away: Pakistan’s Iran tightrope faces its toughest testSaudi Arabia and Yemen's Houthi movement are facing renewed conflict, raising regional escalation fears and making Pakistan's strategic bal...
After Hormuz, Iran turns to Red Sea gateway as new pressure pointIran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital en...
Saudi Crown Prince sought US support before launching strikes on Houthi targets in Yemen, Trump backed action: ReportUS President Trump backed Saudi Crown Prince's request for military action. Riyadh initiated operations against Iran-backed Houthi targets ...
Oil climbs to one-month high as US, Iran step up attacks in Strait of HormuzOil prices climbed to a four-week high on Tuesday. The United States reinstated its naval blockade of Iran. Two United Arab Emirates tanker...
Iran-backed Houthi rebels in Yemen say Saudi airstrikes hit Sanaa International AirportHouthi rebels reported Saudi airstrikes hit Sanaa airport on Monday. The Yemeni government stated strikes aimed to stop an Iranian plane la...
Strait of Hormuz hangs in the balance as US-Iran ceasefire unravelsThe US-Iran deal faces significant strain due to escalating tensions in the Strait of Hormuz. Iran has closed the strait, prompting US reta...
Container carriers eye return to Red Sea routeVessels will now use the shorter route instead of going around Africa. This shift impacts shipping rates and capacity as demand rises.
British military says cargo ship reports being under attack in the Red Sea off the coast of YemenA cargo ship faced an attack Sunday off Yemen's coast in the Red Sea, near Hodeida. Unknown assailants targeted the vessel, prompting an in...
Houthis kill 14 Yemen government troops in deadliest attack in yearsYemen's Houthi rebels launched a deadly assault south of Hodeidah, killing 14 government troops and injuring 23 in fierce fighting. The Ira...