Keywords: Red sea
Yemen’s Houthi forces launched their first direct strikes on Israel on Saturday, marking a new phase in the ongoing conflict involving the United States, Israel, and Iran. The escalation has raised concerns that the Red Sea, now a critical alternative route for oil shipments, could become a major......
Freight rates for tankers carrying Saudi crude from Yanbu on the Red Sea to Asia collapsed this week. They fell from over $450,000 per day in early March to about $200,000 per day. A growing fleet converged on this Saudi export hub after the Strait of Hormuz closure disrupted global oil logistics. The......
China is drawing on years of strategic preparation to cushion the impact of escalating disruptions to global oil flows, as military tensions involving Iran enter a third week. As the world’s largest oil importer, Beijing has relied on large crude stockpiles, alternative shipping routes, and rapid......
The USS Gerald R. Ford, the U.S. Navy’s newest and largest aircraft carrier, is expected to dock temporarily at a foreign port after a fire broke out on board, U.S. officials said Tuesday, amid its deployment supporting operations linked to the ongoing war with Iran. The nuclear‑powered carrier,......
French President Emmanuel Macron spoke from Paphos, Cyprus, alongside Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides, addressing regional security concerns following recent Iranian missile strikes. The attacks hit the British base at Akrotiri on March 1, prompting......
India’s largest state-run refiner, Indian Oil Corporation, has reportedly secured several crude oil cargoes scheduled to be loaded from the Red Sea port of Yanbu, according to industry sources familiar with the matter. The move reflects ongoing adjustments in global energy supply chains as geopolitical......
Yemen’s Houthi movement announced plans to restart drone and missile attacks in the Red Sea and against Israel following coordinated U.S. and Israeli military operations inside Iran. Two senior Houthi officials confirmed to the Associated Press that preparations were underway, adding that retaliation......
Egypt and Israel are locked in a sharpening regional contest centered on Somalia and the wider Horn of Africa, as Cairo expands its military footprint in the country in response to Israel’s recognition of the breakaway region of Somaliland. An assessment by the Hebrew-language outlet Natsiv Net,......
Microsoft announced on Saturday that several undersea cables crucial for global internet and communications had been severed in the Red Sea, causing disruptions in parts of Asia and the Middle East. The company stated via its Azure cloud platform that the Middle East “may experience increased latency......
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