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HomeRed Sea

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International News

India raises ‘grave concerns’ with Iran over Red Sea attacks

January 16, 2024 Mariel Alumit

New Delhi has called the Houthi attacks on merchant vessels a “matter of great concern” for the international community Indian Foreign Minister Subrahmanyam Jaishankar, who was in Tehran for a two-day visit, has said that […]

Houthis
Geopolitical

Houthis strike U.S. merchant vessel after targeting warship

January 16, 2024 Mariel Alumit

Oil Price Hours after targeting a U.S. warship with a cruise missile in the Red Sea, Yemen’s Iran-backed Houthis fired a missile and struck a U.S.-owned merchant vessel in the Gulf of Aden, giving further […]

U.S.
Exports

U.S.-owned container vessel struck by an anti-ship ballistic missile off the coast of Yemen

January 15, 2024 Mariel Alumit

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 […]

International News

Red Sea blockade undermining global commerce – report

January 15, 2024 Stu Turley

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 […]

Geopolitical

Western strikes on Houthis mostly failed – NYT

January 14, 2024 Stu Turley

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 […]

Crude Oil News

Oil rises 3% as some tankers avoid Red Sea after strikes

January 13, 2024 Stu Turley

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 […]

Iran
Geopolitical

Iran seizes oil tanker involved in US-Iran dispute in Gulf of Oman – state media

January 11, 2024 Mariel Alumit

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, […]

Agriculture

Daily Energy Standup Episode #284 – Russia Expands BRICs, LNG Approvals Warning, and Germany’s Economic Collapse

January 11, 2024 Andy Del Prado

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 […]

ship
Crude Oil News

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 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 […]

Crude Oil News

Oil prices fall as economic headwinds offset worries about Red Sea

January 3, 2024 Mariel Alumit

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 […]

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