Since the Houthis in Yemen declared war on Israeli ships or those heading to Israeli ports through the Bab al-Mandab Strait, the Red Sea front has witnessed continuous escalations between the features of the war looming over the region and the gathering of Western battleships and aircraft carriers off the coast of Yemen, to the … Read more
In light of global shipping companies suffering from the consequences of attacks launched by the Houthis in the Red Sea, the Danish shipping company Maersk announced on Sunday the postponement of all transit operations from this sea for 48 hours. This came the day after the Houthis, allied with Iran, launched an attack on a … Read more
This morning, Friday, December 29, 2023, saw US crude futures decline 1.1% to $73.29 per barrel. The decline in oil prices by more than 1% today came with the decline of concerns about shipping disruptions along the Red Sea route, in addition to the continued escalation of tensions in the Middle East. Read also: The … Read more
The Indian Navy conducted an initial inspection of the ship MV Chem Pluto after it reached Mumbai port and said that it was attacked by a drone near the west coast of India, but where did the attack come from and how much explosives were used for it? It will be known only after forensic … Read more
This came in a new report by the Wall Street Journal, which revealed that tracking information collected by a surveillance ship in the Red Sea belonging to Iranian military forces was handed over to the Houthis, who used it to attack commercial ships passing through the Bab al-Mandab Strait in recent days. Earlier this week, … Read more
The decline in prices witnessed in the Friday session, ahead of the weekend and Christmas, came amid expectations that Angola would increase its production after its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), but prices rose during the week supported by positive news about the American economy and fears that attacks would … Read more
The Iran-backed Houthis, who say they support Palestinians besieged by Israel in the Gaza Strip, have attacked commercial ships with drones and missiles, forcing shipping companies to change course and take longer routes around the southern tip of Africa. According to ship tracking data from ship tracking data company LSEG, the tanker Egeorgis, chartered by … Read more
Canberra: Australia has reiterated its position that it cannot send warships to participate in ‘Operation Prosperity Guardian’ to counter the Houthis who are threatening Israeli ships in the Red Sea. Australia’s federal government has rejected a US request to send three ships with anti-missile capability. Australian Prime Minister Anthony Albanese said that he will not … Read more
Macron told French soldiers deployed in Jordan that in this region, which is essential for global maritime transport, “the threat posed by the Houthis to freedom of navigation is unacceptable.” The French President praised the “pivotal role” played by the French Navy in recent days to confront the Houthi threat in the Red Sea. On … Read more
The United States on Tuesday launched a multinational operation to protect trade in the Red Sea, where Houthi attacks have forced major shipping companies to change their routes, raising concerns about ongoing disruptions to global trade. Since last month, the Houthi group has launched drones and missiles at international ships sailing through the Red Sea, … Read more