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RED SEA ATTACKS
Crude oil prices rise 2% on fresh attacks by US and IranOn Tuesday, oil prices surged nearly two percent amid escalating tensions between the United States and Iran. The situation was further com...- Oil prices to hit $120 soon? Goldman Sachs makes big prediction as Hormuz concerns loomGoldman Sachs has warned Brent crude could spike to $120 per barrel if disruptions through the Strait of Hormuz persist, though its base ca...
- Expansion of US strikes on Iran leads to more retaliation across the GulfThe United States launched another round of airstrikes on Iran after a US service member was killed in Iraq, while Iran retaliated with att...
- How a Houthi blockade in the Red Sea tightens Iran's grip on global energy suppliesYemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global ene...
- Yemen's Houthis announce a maritime embargo against Saudi ArabiaYemen's Houthi rebels have announced a maritime embargo against Saudi Arabia. This action follows recent attacks on Sanaa Airport and Abha ...
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
- Oil settles up on renewed US-Iran hostilities and threat of Red Sea closureOil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States ...
- Pirates allegedly hijack chemical tanker off Yemen coast in Gulf of Aden: ReportArmed assailants boarded the chemical tanker Asana in the Gulf of Aden off southern Yemen on Friday and are believed to have taken control ...
- Oil rises on intensifying US-Iran hostilities and threat of Red Sea closureOil prices climbed Friday as United States and Iran escalated attacks. The Strait of Hormuz oil flow is limited by the broken truce. Iran a...
- Trump threatens new Iran escalation and risks repeating old mistakesPresident Trump has increased U.S. air strikes on Iran, but strategy shows little success. An interim ceasefire deal has collapsed, leaving...
- Pakistan worries about being drawn into US-Iran conflict after Houthis attack Saudi ArabiaRecent Houthi attacks on Saudi Arabia have frustrated Pakistan significantly. These actions threaten to draw Islamabad into the conflict, c...
- Iran tells Houthis to close Red Sea gateway if US hits power network, sources sayIn a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States ca...
- Iran warns Strait of Hormuz is a 'red line' and will resist until the endIran vows to strike regional infrastructure if President Trump attacks its infrastructure. The US is targeting Iran's military capabilities...
- 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...
- 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,...
- 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 ...
- 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...
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