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The Latest Breaking News from The Red Sea

Humza Yousaf responds to mounting speculation of UK strikes in Red Sea

FIRST Minister Humza Yousaf has responded amid mounting speculation that UK and Western allies could take action against Houthi rebels following…

The National (Scotland)

Crude Prices Post Moderate Gains as Geopolitical Risks Rise in the Middle East

February WTI crude oil (CLG24 ) on Thursday closed up +0.65 (+0.91%), and Feb RBOB gasoline (RBG24 ) closed up +4.70 (+2.27%). Crude oil and gasoline prices Thursday settled moderately higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf...

Barchart

US and UK prepare to launch strikes against Houthis in Yemen

Experts believe western allies most likely to target coastal sites in attempt to halt spate of Houthi attacks in Red Sea

The Guardian - UK

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Rishi Sunak holding full Cabinet over potential strike after Houthi Red Sea attacks

Emergency Cobra meeting said to have taken place on Thursday morning followed by a meeting of the National Security Council

The Independent UK

Iran seizes oil tanker off Oman as Middle East tensions rise

Seizure comes as the Iran-backed Houthis attack ships in the Red Sea

The Independent UK

Global trade falls amid Houthi attacks on merchant ships in Red Sea

Maersk boss says it could take months before trade route is safe to traverse

The Guardian - UK

Any US attack on Yemen’s Houthis will ‘not go without response’

Houthi leader says any US attack will trigger a greater response as the group steps up attacks in the Red Sea.

Al Jazeera

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Crude Prices Jump After Iran Seizes an Oil Tanker in Gulf of Oman

February WTI crude oil (CLG24) this morning is up +1.96 (+2.75%), and Feb RBOB gasoline (RBG24) is up +5.98 (+2.89%). Crude oil and gasoline prices this morning are sharply higher on an escalation of geopolitical risks in the Middle East after Iran seized an oil tanker in the Gulf of...

Barchart

Attacks On Red Sea Shipping Mount, But Confronting Huthis Carries Risks

A spate of attacks by Yemeni rebels on Red Sea shipping has disrupted the vital trade route, but experts say stopping them appears difficult at best -- and risky at worst.

International Business Times

Who are the Houthis? Sunak to address MPs in Parliament

US intercepted missile fired from Houthi strongholds towards a naval destroyer on Sunday

Evening Standard

Red Sea Attacks Cause 1.3% Drop in Global Trade

Global trade has fallen by 1.3% due to recent attacks on the Red Sea. The IfW Kiel Institute sheds light on the impact of tensions between Israel, Palestin...

Top News

Escalating tensions as Iran-backed militants launch coordinated attacks

Escalating tensions in the Red Sea as US defends against Iranian-backed militants. Coordinated attacks and escalating conflicts keep the region on high alert.

International Business Times

Huthi Attacks Idle Suez Canal, Deepen Egypt's Economic Woes

Attacks by Yemen's Huthi rebels in the Red Sea have caused shipping companies to avoid the Suez Canal -- a key source of revenue for Egypt as it battles a deep economic crisis.

Barchart

Crude Prices Rise as Houthi Rebels Ramp Up Attacks in the Red Sea

February WTI crude oil (CLG24 ) this morning is up +0.14 (+0.19%), and Feb RBOB gasoline (RBG24 ) is up +0.77 (+0.37%). Crude oil and gasoline prices this morning are modestly higher. Crude prices rose after Houthi rebels carried out one of their largest missile and drone attacks on commercial...

The Hindu

Exporters demand measures to regulate freight charges

The Kerala Exporters’ Forum has asked the Central government to immediately constitute a regulatory authority to control export freight charges that have escalated due to the Red Sea crisis.

The Independent UK

Why are Britain and US attacking Yemen’s Iran-backed Houthi rebels?

US and UK militaries have launched strikes on Yemen-based militant group which has been targeting commercial vessels and warships in the Red Sea

The Conversation

Houthi rebel Red Sea attacks and the threat of escalation and supply chain chaos are a major headache – and not just for the west

US and UK warships have repelled a mass drone attack launched by Yemeni Houthis rebels in the Red Sea. The incident, which reportedly involved a barrage of 20 rockets, drones and cruise missiles, was the largest concerted attack to be launched by the Iran-backed rebels. The UK defence secretary, Grant…

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