Red Sea

Red Sea Disruptions To Cut Shipping Capacity By 15-20% In Q2, Says Maersk
US Military Strikes Houthi Air Defense And Drone Systems In Red Sea Region Amid Escalating Tensions
US Military Destroys 2 Houthi Drones Over Yemen And Red Sea
US Military Strikes Houthi Air Defense And Drone Systems In Red Sea Region Amid Escalating Tensions
US Military Destroys 2 Houthi Drones Over Yemen And Red Sea
3 Killed In Houthi Missile Attack, Oil Prices Dip From 4-Month Highs, Gaza Cease-Fire Talks Stall
US Navy Intercepts Houthi Drones And Missiles In Red Sea Amid Iran's Threats To Capture American Oil Cargo: Report

Red Sea Recent News

US Says Houthi Missile Aimed For American Oil Tanker In Gulf Of Aden Misses Target
The U.S. Central Command disclosed that Yemen's Houthi movement attempted to strike an American oil tanker in the Gulf of Aden with a ballistic missile, but the attempt failed.
US Says Houthi Missile Attack On Ship Carrying 'Tons Of Fertilizer' Led To 'Environmental Disaster' In Red Sea
Air Freight Costs Are Soaring: Why Chinese E-Commerce Giants Like Shein, Temu Are To Blame
According to Reuters, e-commerce giants like Shein, Temu and even TikTok Shop are reshaping the dynamics of air freight.
Top US Navy Admiral Declares Red Sea Conflict The Largest Naval Battle Since WWII, With 7,000 Sailors Confronting Houthi Rebels
The conflict, which began in mid-November, involves Iranian-backed Houthi rebels targeting ships in the Red Sea in response to the Israel-Hamas war. The U.S. has attributed these attacks to Iranian support.
US Targets First-Ever Houthi Underwater Drone In Red Sea Attack
The United States Department of Defense has reported the first-ever sighting and neutralization of an underwater drone deployed by Houthi fighters in the Red Sea.
Red Sea Crisis Hits Maersk Outlook: 'Oversupply Will Cause Price Pressure, Impact Results'
The Red Sea crisis has caused "immediate capacity constraints and a temporary increase in rates," CEO Vincent Clerc.
Israel-Gaza Ceasefire Stalemate As Sullivan Says 'The Ball Is In Hamas' Court'
Antony Blinken departs for Middle East diplomacy tour, as U.S. says its strikes on Iran-backed militia groups will continue.
Houthis Vow To Continue Targeting US, UK After Firing Another Missile At Washington's Warship In Red Sea
Yemen's Iran-backed Houthi group has declared its intention to persist in targeting U.S. and British warships in the Red Sea, citing self-defense.
Energy Stocks 'A Hedge Against Things Getting More Out of Control' In Middle East, Says Veteran Investor
Ed Yardeni suggests owning energy stocks to hedge against oil price shocks due to geopolitical volatility. He also discusses tech sector concentration and Fed's policy dilemma.
AI Growth, Lower Interest Rates Foil Recession Threats In 2024, Says IMF
Fears of a severe economic downturn are fading as economic growth continues to outpace expectations. The U.S. economy is likely to grow by 2.1% in 2024 says International Monetary Fund.
Joe Biden Under Pressure To Address Iran Challenge Following Death Of US Soldiers: 'He Left Our Troops As Sitting Ducks'
Militants backed by Iran have instigated more than 150 attacks on American forces in the Middle East since the Israel-Hamas conflict began in October. The recent assault on the remote outpost known as Tower 22 near the Jordan-Syria border is the first instance of U.S. troops being killed or wounded in such large numbers.
Houthis Target US Warship, Marjorie Taylor Greene Criticizes Biden, Kim Jong Un Warns Of North Korea's Worsening Food Crisis: Top Politics News This Week
From the Red Sea conflict involving Yemen's Houthi rebels and a U.S. warship to the controversial pause on LNG export approvals by the Biden administration — it was a weekend of significant developments.
Houthi Rebels Fire Missile At US Warship Amid Red Sea Conflict: 'They're Now Finally Calling A Spade A Spade'
Yemen's Houthi rebels have targeted a U.S. warship with a missile in the Gulf of Aden, intensifying the already volatile situation.
Houthis Ask US, UK Nationals To Leave Yemen Within A Month After Recent Airstrikes
The Houthi authorities in Yemen have issued an order for U.S. and British nationals working with the United Nations and humanitarian organizations in the country to leave within a month.
US Seeks China's Support In Curbing Iran-Backed Houthi Attacks In Red Sea, But Beijing Remains Silent
The U.S. and its allies have been conducting airstrikes on Houthi positions in Yemen in response to the attacks on commercial ships in the Red Sea. Despite the ongoing diplomatic efforts, U.S. officials are not optimistic about a change in China's stance.
US, UK Conduct Fresh Airstrikes Against Houthis In Yemen, Targeting Military Capabilities
The U.S. and British forces carried out the strikes on Monday, focusing on a Houthi underground storage facility and their missile and surveillance capabilities. The strikes were carried out with the support of Australia, Bahrain, Canada, and the Netherlands.
BlackRock Analyst Warns Of 'New Geopolitical Regime' That Could Disrupt Markets: 'The Old Playbook No Longer Applies'
BlackRock's analysts, led by Wei Li, have highlighted the increasing geopolitical risks and their potential to disrupt traditional market dynamics.
TikTok Takes Down 'Hot Houthi Pirate' Amidst Escalating Red Sea Strife
Rashid Al Haddad, who shot to popularity after a viral video showed him onboard a ship seized by Houthis, has been banned from TikTok.
Jim Cramer Warns Houthi Assault In Red Sea Could Impede Fed's Fight Against Inflation, Advises Investors To Be Cautious
The crisis, caused by recent attacks on ships traveling through the Red Sea, has led to significant disruptions in global shipping routes.
US Reclassifies Houthi Rebels As Terrorists After Second Attack On American-Operated Ship In Red Sea
Despite the U.S. listing, the Houthi movement has vowed to continue its attacks on ships heading to Israel. The U.S. has imposed the "Specially Designated Global Terrorist" label to cut off the rebels' funding and weapons used in these attacks.
Costco Cracks Down On Membership Card Sharing, Tests New Entry System
In a bid to curb unauthorized access to its stores, retail giant Costco is implementing new measures, including a trial of a scanning system at store entrances.
US Defense Forces Neutralize Four Houthi Missiles In Yemen Preemptive Strike
The U.S. carried out drone strikes on Houthi missile sites in Yemen as a preemptive measure following a missile attack on a U.S.-owned ship. These targeted strikes are seen as an effort to contain the conflict in the region.
Shell Suspends Red Sea Shipments As Yemen's Houthi Strikes Intensify: 'An Attack On The Global Economy,' Blinken Says
Shell halts Red Sea shipments due to mounting security concerns amid increasing frequency of attacks by Yemen's Houthi rebels, fueling regional tensions.