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The Latest Breaking News from The Red Sea

Crude Closes Higher due to Oil Tanker Risks in the Red Sea

January WTI crude oil (CLF24 ) on Tuesday closed up +0.97 (+1.34%), and Jan RBOB gasoline (RBF24 ) closed up +4.18 (+1.94%). Crude oil and gasoline prices on Tuesday settled moderately higher but remained below Monday's 2-week highs. A weaker dollar on Tuesday was bullish for energy prices. Also, geopolitical...

Barchart

Houthi attacks prompt international coalition; oil prices may be affected

Join the exciting journey as the U.S. leads a 10-country team to counter reckless Houthi rebel attacks. Discover how this international coalition tackles t...

Top News

UK warship joins US-led international force to combat attacks on ships in Red Sea

Iranian-backed Houthi militants have vowed to continue their attacks on vessels

The Independent UK

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US announces naval coalition to defend Red Sea shipping from Houthi attacks

Egypt and Saudi Arabia notably absent from Operation Prosperity Guardian as more shipping companies forgo route

The Guardian - UK

Crude Prices Supported by Oil Tanker Risks in Red Sea

January WTI crude oil (CLF24 ) this morning is up +1.36 (+1.88%), and Jan RBOB gasoline (RBF24 ) is up +3.14 (+1.46%). Crude oil and gasoline prices this morning are moderately higher but remain below Monday's 2-week highs. A weaker dollar today is bullish for energy prices. Also, geopolitical risks...

Barchart

Can the US-led maritime force stop Yemen’s Houthi attacks during Gaza war?

Houthis say attacks won’t stop unless Israel’s do. Shipping industry doesn’t appear convinced task force can halt them.

Al Jazeera

Yemen’s Houthis ‘will not stop’ Red Sea attacks until Israel ends Gaza war

US launches maritime coalition to counter attacks the rebel group says are a response to Israeli ‘crimes’ in Gaza Strip.

Al Jazeera

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France joins 10-nation coalition against Houthi attacks on Red Sea shipping lanes

France has joined a US-led international force to protect ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired from Houthi-controlled areas of Yemen.

Radio France Internationale

Yemen Rebels 'Will Not Stop' Red Sea Attacks: Houthi Official

Yemen's Iran-backed Houthi rebels said Tuesday they would not halt attacks on Red Sea shipping despite the announcement by the United States of a new maritime protection force.

International Business Times

Pentagon announces new international maritime protection force for the Red Sea

The U.S. and other nations are creating a force to protect ships transiting the Red Sea that have come under attack from Houthi-controlled areas of Yemen, Defense Secretary Lloyd Austin announced.

WEKU

Pentagon Chief Urges Condemnation of Houthi Attacks on Shipping

Pentagon Chief condemns Houthi aggression in the Red Sea, calling international response at a security summit. The unrest spikes energy prices.

Top News

US launches Red Sea protection force after Houthi attacks – as it happened

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The Guardian - US

US Announces 10-nation Coalition To Combat Houthi Attacks In Red Sea

The United States on Monday announced a 10-nation coalition to quell Houthi missile and drone attacks on ships transiting the Red Sea, with Britain, France, Bahrain and Italy among countries joining the "multinational security initiative."

Latin Times

US announces 10-nation force to counter Houthi attacks in Red Sea

US Defense Secretary Lloyd Austin says coalition will include Bahrain, Canada, France, Italy, UK and other countries.

Al Jazeera

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The Guardian - AU

Red Sea crisis explained: what is happening and what does it mean for global trade?

Attacks from the Houthis on shipping vessels have increased in response to the war in Gaza, with BP halting all shipments of oil and gas through the region

Top News

Houthi attacks disrupt vital Red Sea shipping routes, increasing tension

Retired U.S. Army Major General, James Spider Marks, discusses escalating conflict in the Red Sea, citing the strategic threats by Iranian-backed Houthi at...

International Business Times

Israel-Hamas Conflict Live: Red Sea Will Be 'Graveyard' Of US-Led Maritime Force, Houthis Warn

It's Day 74 of the Israel-Hamas conflict, and tensions continue to escalate near Israel's border with Lebanon, even as Israeli troops sweep through the Gaza Strip to eliminate Hamas. Over in the Red Sea, a U.S.-backed expanded maritime protection force has been announced amid continuing Houthi attacks targeting commercial vessels.

France 24

US announces multinational force to secure Red Sea shipping against Houthi attacks

The US and a host of other nations are creating a new force to protect ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired from Houthi-controlled areas of Yemen, Defense Secretary Lloyd Austin announced early Tuesday in Bahrain.

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International Business Times

US Announces 10-nation Coalition To Combat Huthi Attacks In Red Sea

The United States on Monday announced a 10-nation coalition to quell Huthi missile and drone attacks on ships transiting the Red Sea, with Britain, France, Bahrain and Italy among countries joining the "multinational security initiative."

France 24

Global supply chain under threat amid Houthi attacks on vessels in Red Sea

On Monday, British oil giant BP and Taiwan's Evergreen became the latest companies to suspend transit in the Red Sea amid drone and missile attacks by Houthi rebels from Yemen. The firms join several of the world's biggest freight companies in avoiding the waterway, though which 12 percent of global…

The Independent UK

Pentagon announces new international mission to counter attacks on commercial vessels in Red Sea

The U.S. and a host of other nations are creating a new force to protect ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired from Houthi-controlled areas of Yemen

Barchart

Crude Settles Higher as Attacks on Ships in the Red Sea Disrupt Crude Supplies

January WTI crude oil (CLF24 ) on Monday closed up +1.04 (+1.46%), and Jan RBOB gasoline (RBF24 ) closed up +2.20 (+1.03%). Crude oil and gasoline prices Monday climbed to 2-week highs and closed moderately higher. The main bullish factor for crude oil Monday is geopolitical risks after several major...

Evening Standard

Royal Navy destroyer HMS Diamond joins US-led maritime task force to patrol Red Sea as oil tanker hit

US, UK and other allied ships will seek to shoot down missiles and drones fired at commercial vessels in the Red Sea

The Independent UK

BP halts oil and gas shipments through Red Sea after attacks

Energy company follows decisions by a number of big shipping firms as Houthi militants – who have declared their support for Hamas – step up attacks on vessels

Top News

Austin and Netanyahu Meet Amid Rising Israel- US Tensions

Defense Secretary Lloyd Austin in Israel amid escalating tensions, urging for reduced civilian casualties in Gaza. His visit follows blunt remarks by Presi...

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