Oil Prices Surge Amid Fears of Production Cuts and Houthi Attacks

Oil Prices Surge Amid Fears of Production Cuts and Houthi Attacks

Oil prices rose today, Wednesday, as investors balanced fears of major producers reducing production and Houthi attacks in the Red Sea with weak expectations for a cut in US interest rates. Brent crude futures rose 12 cents, or 0.15 percent, to $82.46 per barrel by 0100 GMT, while US West Texas Intermediate crude futures rose … Read more

European Union Launches Mission to Protect International Navigation After Two New Attacks on American and British Ships

European Union Launches Mission to Protect International Navigation After Two New Attacks on American and British Ships

In conjunction with the exposure of two new attacks on Monday to two American and British ships in the Red Sea region within less than 24 hours, the European Union officially decided to launch a mission to help protect international navigation in the strategic waterway. This European mission comes two months after Washington established a … Read more

US and British Attacks on Houthi Targets in Yemen

US and British Attacks on Houthi Targets in Yemen

Written by Abdel Wahab El Gendy Monday, February 5, 2024 01:02 AM The US Central Command published a video of the moment missiles were fired at targets belonging to the Houthi group in various areas of Yemen tonight. The command said in a statement: This is a video of launches from the aircraft carriers USS … Read more

“US Carries Out Fourth Round of Strikes Against Houthis in Yemen Amid Rising Tensions”

  1. US carries out another round of strikes against Houthis in Yemen, US officials say  CNN
  2. US forces carry out 4th round of strikes in a week against Houthi targets in Yemen  Fox News
  3. Yemen strikes: Houthis hit US-owned ship after ‘terror’ designation  BBC.com
  4. Opinion | The Houthis sink an arrow into the West’s Achilles’ heel  The Washington Post

British Foreign Secretary David Cameron Warns of Consequences for Houthi Actions in Red Seas, US and UK Carried Out Air Strikes

British Foreign Secretary David Cameron Warns of Consequences for Houthi Actions in Red Seas, US and UK Carried Out Air Strikes

(CNN)– British Foreign Secretary David Cameron said on Sunday that his country had given the Houthis “warning after warning” about their actions in the Red Sea before it carried out air strikes on Yemen alongside the United States earlier this week.. Cameron added, on the “Sunday with Laura Kuenssberg” program broadcast by the British Broadcasting … Read more

Former Qatari Prime Minister Sheikh Hamad bin Jassim Warns of Escalating Tensions in the Region Due to Marginalization of Palestinian Issue

Former Qatari Prime Minister Sheikh Hamad bin Jassim Warns of Escalating Tensions in the Region Due to Marginalization of Palestinian Issue

Dubai United Arab Emirates (CNN)– Former Qatari Prime Minister Sheikh Hamad bin Jassim saw that the escalating tension witnessed in the region is the result of what he described as the “marginalization” of the Palestinian issue, and that there are parties, which he did not specify, whose interest it is for the region to continue … Read more

UN Security Council Condemns Houthi Attacks in Red Sea: US Ambassador Blames Iran

UN Security Council Condemns Houthi Attacks in Red Sea: US Ambassador Blames Iran

Atlanta, United States (CNN) – On Wednesday, the UN Security Council approved a resolution calling on the Houthi rebels in Yemen to stop their attacks in the Red Sea and violate international law. The vote came with a majority of 11 votes, with four abstentions, including Russia and China. US Ambassador Linda Thomas-Greenfield said, “The … Read more

US Secretary of State discusses humanitarian needs in Gaza with Saudi Crown Prince Mohammed bin Salman

US Secretary of State discusses humanitarian needs in Gaza with Saudi Crown Prince Mohammed bin Salman

(CNN) – US Secretary of State Anthony Blinken said, on Monday, via the “X” platform, that he discussed with Saudi Crown Prince Mohammed bin Salman, in the winter camp in Al-Ula Governorate in Saudi Arabia, “the importance of urgently responding to the humanitarian needs in Gaza, and preventing further attacks.” Spread of conflict. According to … Read more

Hezbollah Leader Nasrallah Responds to Israel’s Assassination with Warning of Escalation

Hezbollah Leader Nasrallah Responds to Israel’s Assassination with Warning of Escalation

A day after Israel assassinated the Deputy Head of the Hamas Political Bureau, Saleh Al-Arouri, in Beirut, Hezbollah Secretary General Hassan Nasrallah appeared yesterday evening, Wednesday, January 3rd, in a pre-programmed speech that was widely followed in the region because many analysts expected it to include an announcement. About escalatory steps to respond to the … Read more

Crisis in the Red Sea: Effects on International Trade and Maritime Industry

Crisis in the Red Sea: Effects on International Trade and Maritime Industry

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