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The Latest Breaking News from The Red Sea

Somalia condemns Ethiopia-Somaliland coastline deal

Somalia vows to defend its territorial integrity after a destabilising deal that's seen breakaway Somaliland gain Ethiopia's recognition in exchange for access to the Red Sea. Also, preparations are underway in Ivory Coast's capital Yamoussoukro for the Africa Cup of Nations. Finally, we look at traditional Nigerien wrestling as we…

France 24

Crude Closes Lower on Global Energy Demand Concerns

February WTI crude oil (CLG24 ) on Tuesday closed down -1.27 (-1.77%), and Feb RBOB gasoline (RBG24 ) closed down -1.14 (-0.54%). Crude oil and gasoline prices on Tuesday gave up an early advance and turned lower, with crude falling to a 3-week low. Tuesday's rally in the dollar index...

Barchart

Israeli Strikes on Hamas Leadership Fuel Escalation and Regional Tensions

Tensions rise as Iran deploys a vessel in the Red Sea while Israel targets Hamas leaders in Lebanon. Will this spark a wider and more intense war in the Mi...

Top News

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Crude Gives Up Early Gains on Global Energy Demand Concerns

February WTI crude oil (CLG24) this morning is down -0.92 (-1.28%), and Feb RBOB gasoline (RBG24) is down -0.93 (-0.44%). Crude oil and gasoline prices this morning gave up an early advance and turned lower, with crude falling to a 3-week low. Today's rally in the dollar index to a...

Barchart

Stocks Under Pressure as Technology Stocks Stumble

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.75%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.77%. Stocks this morning are lower, with the S&P 500...

Barchart

Iranian vessel deployed in Red Sea, raising tensions and hindering maneuvering

Dive into the intriguing deployment of an Iranian naval vessel in the Red Sea and its implications on the region's tensions in this captivating analysis by...

Top News

Iranian Navy deploys warship to Red Sea amid rising tensions

Get the lowdown on the Iranian Navy's deployment in the Red Sea as tensions rise in the Middle East. Is it a show of force or just routine business?

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Escalation in the Red Sea

Plus: Inheritance taxes, lady gadgets, a stabbing in South Korea, and more...

Reason

Markets Today: Stocks Retreat as Bond Yields Climb and Tech Stocks Fall

Morning Markets March E-Mini S&P 500 futures (ES H24) are down -0.79%, and March Nasdaq 100 E-Mini futures (NQH2 4) are down -1.10%, both at 1-week lows. Stock index futures this morning are falling due to weakness in technology stocks. Apple is down more than -2% in pre-market trading after...

Barchart

Six things to watch in 2024 global economy, from tax cuts to AI

The Israel-Hamas war could broaden, and many developing countries are on a path to crisis

The Guardian - UK

Somalia recalls envoy in anger over Ethiopia-Somaliland port deal

Somalia has recalled its ambassador to Ethiopia and vowed to defend its territory after the breakaway region of Somaliland struck a controversial deal allowing Ethiopia access to the Red Sea.

Radio France Internationale

Iranian Provocation in Red Sea Threatens Global Trade, Security Forces Deployed

Discover the latest escalation in the Red Sea as Iran continues to provoke with attacks on commercial vessels. Will retaliation ensue? Stay alert!

Top News

Oil prices rise after Iran rejects calls to end support for Houthi Red Sea attacks

Brent crude is up 2% to $78.77 a barrel as hopes of strong demand in China also push up prices

The Guardian - UK

Israel-Gaza war: will the Red Sea crisis lead to a wider Middle East conflict?

Escalating Houthi attacks on cargo ships in the Red Sea are stoking fears that the Gaza conflict could engulf the Middle East

The Guardian - UK

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Top News

Crisis in Red Sea as Iranian warship heightens tensions

Discover the latest development in the Red Sea conflict as an Iranian warship's arrival raises tensions. Can the international maritime mission bring stabi...

International Business Times

Somalia To Hold Emergency Meeting On Somaliland-Ethiopia Deal

Somalia will hold an emergency cabinet meeting on Tuesday, state media said, after the breakaway region of Somaliland struck a controversial deal with Ethiopia giving Addis Ababa access to the Red Sea.

The Guardian - UK

Tuesday briefing: Will the Red Sea crisis lead to a wider Middle East conflict?

In today’s newsletter: After events during the last few days, a conflict including Iran and the US is becoming ever more likely

International Business Times

Israel-Hamas Conflict: Israeli Army Strikes Syrian Military Assets; Houthis Attack US Warship

On Day 88 of the Israel-Hamas war, Houthis targeted a U.S. warship in the Red Sea as Israel responds to attacks by Hezbollah and launches from Syrian territory.

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International Business Times

Israel's Hamas Attack Survivors Find Solace Underwater

Deep under the Red Sea, a passing Israeli warship could barely be heard as Yamit Avital held her breath and dived, her mind briefly cleared of the trauma of the October 7 Hamas attacks.

Top News

Maersk suspends Red Sea operations following Houthi attack

Discover the latest incident in the ongoing conflict between Houthis and the US in the Red Sea. Find out how it impacts shipping and escalates tensions.

The Hindu

Widening war: On the Gaza war going beyond Israel-Palestine

The U.S.’s attempt to deal with the Houthi threats as a stand-alone security crisis might run into its own limitations

Top News

US Navy engages Iranian vessels in Red Sea standoff

Discover the perspective of retired U.S. Army Brigadier General Anthony Teda on the U.S. sinking of Houthi boats and its impact on deterrence and escalatio...

Top News

Red Sea tensions escalate as US sinks Houthi militant boats

Fears of a wider conflict in the Middle East rise as US military sinks Houthi militant boats off Yemen's coast, impacting shipping in the Red Sea.

Al Jazeera

Iran deploys warship to Red Sea amid soaring tensions

Alborz warship enters Bab al-Mandeb Strait, Iranian media reports a day after Yemen’s Houthis say 10 fighters killed.

International Business Times

Ethiopia, Somaliland Agree Deal On Port Access

Ethiopia on Monday struck a "historic" agreement to secure a stake in the main port in Somalia's breakaway region of Somaliland as the landlocked country eyes more access to the sea, officials said.

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