A U.S.-owned and operated container ship on Monday was struck by an anti-ship ballistic missile from Houthi-controlled areas of Yemen, according to the U.S. Central Command. The U.S. said via social media that the attack […]
World trade plunged by 1.3% from November to December 2023 as a result of Houthi attacks on merchant vessels in the Red Sea, according to a new report by the IfW Kiel. The German economic […]
The US-led group hit almost all targets but knocked out only about 25% of the militia’s assets, the report claims The US-led strikes on alleged positions of Houthi militias in Yemen have failed to significantly […]
Investing LONDON – Oil prices climbed about 3% on Friday, as some tankers diverted course from the Red Sea following overnight air and sea strikes by the United States and Britain on Houthi targets in […]
DUBAI, Jan 11 (Reuters) – Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same vessel and its oil by the United States, […]
Daily Standup Top Stories Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis January 10, 2024 Mariel Alumit The Houthis launched their largest attack so far yesterday evening. According […]
The Houthis launched their largest attack so far yesterday evening. According to the US military the “complex attack” consisted of 18 attack drones, two anti-ship cruise missiles, and one anti-ship ballistic missile. They were all […]
Yahoo Finance HOUSTON (Reuters) -Oil prices dipped during the first session of 2024, with economic headwinds from interest rate jitters unraveling gains from worries that tensions in the Red Sea could disrupt supplies. Source; Reuters […]
Maersk has paused shipping through the Red Sea until further notice after one of its vessels came under attack from Houthi militants over the weekend. The decision by the Danish shipping giant extends a 48-hour […]
Daily Standup Weekly Top Stories A Shale Oil CEO’s Second Act: Going Green December 17, 2023 Stu Turley For almost a decade, Tony Sanchez III was the epitome of a shale-boom CEO—furiously drilling oil wells, piling on debt […]
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