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RED SEA SHIPPING ROUTE
Saudi Arabia faces fresh Red Sea threat as Houthi gains, pipeline shutdown rattle kingdomHouthi rebels are advancing, threatening a vital Red Sea shipping route. Drone attacks have forced a major pipeline closure, impacting glob...- Gulf oil threatened anew as Houthis reach key island and pipeline is shut downThe Houthis have seized control of Perim island, significantly affecting a crucial shipping corridor. Additionally, a drone strike originat...
- Houthis seize strategic Red Sea island, raising fresh threat to Saudi oil exportsIran-backed Houthi rebels have captured Yemen’s Perim island in the Bab el-Mandeb Strait, according to officials from both sides, potential...
- Gulf states weigh rare meeting with Iran next week on HormuzGulf states are considering a meeting with Iranian officials next week. Oman aims to convene foreign ministers to discuss the Strait of Hor...
- Iran-backed Houthis seize Yemen’s entire Red Sea coast, three strategic islandsThe Iran-backed Houthis seized control of Yemen's entire Red Sea coast and captured three strategic islands on Friday, in a lightning offen...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- Saudi airstrikes hit Yemen's rebel-held Mokha airport as Houthis take island near key straitYemen's Houthi rebels seized a strategic island in the Bab el-Mandeb Strait. This advance further threatens Saudi oil exports through a key...
- Shipping traffic through Strait of Hormuz falls to single digits, data showsVessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...
- Oil Price Today (September 11): Crude oil soars 13% this week, set to close week above $100 after 4 months. What are experts saying?Oil prices have surged towards $100 a barrel due to rising tensions in the Middle East, where recent attacks have threatened shipping route...
- Houthis say Red Sea, Bab al-Mandab navigation safe and operating normallyYemen's Houthis state Red Sea and Bab el-Mandeb navigation remains safe and regular. Mohammed Abdulsalam asserted Yemen poses no threat to ...
- Yemen risks a return to civil war as Iran-backed rebels target a vital oil shipping routeYemen faces renewed civil war as Houthi rebels advance near a vital shipping lane. The rebels' move threatens the Bab el-Mandeb Strait, a c...
- Houthis seize key Yemeni Red Sea port, sources say, threatening global energy flowsHouthi militants seized Yemen's Mocha port, threatening vital global energy supplies. This escalation occurs as Iran and the United States ...
- Why is the Bab el-Mandeb Strait so important?Iran-backed Houthis aim to control Yemen's Red Sea coast and Bab el-Mandeb strait. This strategic waterway connects Asia to Europe via the ...
- Yemen's Houthis close in on stranglehold over strategic Bab el-Mandeb StraitThe Houthis in Yemen are making significant strides towards seizing control of the Bab el-Mandeb Strait. Recent clashes between Saudi-backe...
- Suez Canal revival gathers pace as Hormuz crisis reroutes shipsThe Suez Canal experienced a striking 42% increase in revenue during July, attributed to the rerouting of maritime traffic caused by the cl...
- India condemns Houthi attacks on Saudi Arabia, says targeting civilian sites unacceptableIndia condemned recent Houthi attacks on Saudi Arabia's sovereign territory. These actions threaten regional stability and freedom of navig...
- Oil’s $100 nightmare is back as worst-case scenario is taking shapeHouthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impactin...
- Iran-backed fighters in Yemen and Iraq are joining forces to threaten Gulf, officials sayIran-backed groups in Iraq and Yemen are coordinating attacks on Saudi Arabia, with an aim to increase the costs of the ongoing war in Gaza...
- Shipping nations warn global trade is fracturing — and everyone paysThe Strait of Hormuz, which Iran effectively shuttered after the US and Israel launched strikes against it in February, is a stark example ...
- BRICS Summit: Arctic partnership to figure high in Modi-Putin meetIndia and Russia are ramping up their collaboration in the Arctic, with a strong focus on resource development. A meeting between President...
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