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UNBELIEVABLE: 34 - The Untold Story

Tables turn on coalition over Red Sea military requests

Australia's refusal of a US request for military assistance in the Red Sea has faced sustained criticism but the Morrison government made a similar call.

AAP · Feb 13, 2024

Crude Prices Slip on Dollar Strength and Chinese Energy Demand Concerns

March WTI crude oil (CLH24 ) this morning is down -0.24 (-0.31%), and Mar RBOB gasoline (RBH24 ) is up +0.06 (+0.03%). Crude oil and gasoline prices this morning are mixed, with gasoline climbing to a 3-1/2 month high. A stronger dollar today is weighing on crude prices. Also, Goldman...

Barchart · Feb 12, 2024

IMF, World Bank Warn Gaza War, Red Sea Attacks Imperil Global Economy

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red Sea pose threats to the global economy.

International Business Times · Feb 12, 2024

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Houthis Attack Ship in Bab el-Mandeb Strait amidst Israeli-Gaza Conflict

Read about the latest attack by Yemen's Houthi rebels on a ship in the Bab el-Mandeb Strait, disrupting shipments in the Red Sea and Gulf of Aden.

Crude Prices Supported by Middle East Geopolitical Risks

March WTI crude oil (CLH24 ) on Friday closed up +0.62 (+0.81%), and Mar RBOB gasoline (RBH24 ) closed down -0.25 (-0.11%). Crude oil and gasoline prices Friday settled mixed, with crude posting a 1-1/2 week high. A weaker dollar Friday was supportive of energy prices. Also, Friday's rally in...

Barchart · Feb 9, 2024

Crude Gains on Energy Demand Optimism and Geopolitical Risks

March WTI crude oil (CLH24 ) this morning is up +0.45 (+0.59%), and Mar RBOB gasoline (RBH24 ) is down -0.20 (-0.09%). Crude oil and gasoline prices this morning are mixed, with crude posting a 1-1/2 week high. A weaker dollar today is supportive of energy prices. Also, today's rally...

Barchart · Feb 9, 2024

US Military Destroys Houthi Threats in Red Sea Airstrikes

The US military conducted airstrikes targeting Yemen's Houthi rebels, destroying explosive-loaded drone boats and missile launchers in the Red Sea.

Germany Sends Frigate To Help Secure Red Sea Shipping

A German navy frigate set sail for the Red Sea on Thursday with the aim of protecting commercial ships from attacks by Yemeni rebels, as part of a planned European Union mission.

International Business Times · Feb 9, 2024

German Navy Frigate Deployed to Red Sea to Protect Trade

A German Navy frigate sets sail to join a European Union mission in the Red Sea, aiming to defend cargo ships from attacks by Yemen's Houthi rebels, hamper...

Shipping Giant Maersk's Profit Sinks, Warns Of Red Sea Risk

Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Yemeni rebel attacks in the Red Sea.

International Business Times · Feb 8, 2024

Red Sea Conflict: A Game-Changer For Global Inflation?

The Containerized Freight Index has more than doubled since the beginning of October 2023, from 850 to 2,179 points. It increased 419 points or 24% since the beginning of 2024 alone.

International Business Times · Feb 8, 2024

Houthis attack ships in Red Sea; progress on Gaza ceasefire

The article discusses the ongoing conflicts in Yemen and Israel as Iranian-backed Houthis continue to launch missiles in the Red Sea while US Secretary of ...

Houthi rebels backed by Iran attack UK-owned ship in Red Sea

Attack comes as HMS Richmond takes over UK patrol duties in the region

Evening Standard · Feb 7, 2024

Despite Strikes, US Still Faces Threats From Iran-backed Forces

US military action has so far failed to halt attacks by Iran-backed groups on Washington's forces in the Middle East and shipping in the Red Sea, with the threats persisting despite recent heavy air strikes.

International Business Times · Feb 7, 2024

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Barchart · Feb 6, 2024

Crude Settles Higher on Dollar Weakness and Middle East Geopolitical Risks

March WTI crude oil (CLH24 ) on Tuesday closed up +0.53 (+0.73%), and Mar RBOB gasoline (RBH24 ) closed up +0.81 (+0.37%). Crude oil and gasoline prices on Tuesday posted moderate gains. A weaker dollar Tuesday was supportive of energy prices. Also, ongoing geopolitical risks in the Middle East are...

The Hindu · Feb 6, 2024

Houthis’ uncrewed surface vessels a new threat

Houthi Uncrewed Surface Vessels, a new threat to shipping in the Red Sea

Houthi Rebel Drone Attacks Cargo Ship in Red Sea

A ship traveling through the Red Sea was attacked by a suspected Houthi rebel drone, adding to their campaign against vessels over Israel's war on Hamas.

Al Jazeera · Feb 6, 2024

Defiant Houthis claim fresh Red Sea attacks on US, UK ships

Latest attacks on civilian ships demonstrate the Iran-backed group’s determination to continue its campaign.

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The Guardian - US · Feb 6, 2024

The Middle East conflict is spiraling. Biden must force Israel to end the war

As long as Biden remains unwilling to rein in Israel’s attacks on Gaza, the US’s conflict with Iranian-backed militias will escalate

International Business Times · Feb 6, 2024

Middle East Conflict: Blinken In Egypt To Push Truce Deal; Argentine President Arrives In Israel

On Day 123 of the raging war in Gaza, other Iranian-backed groups and Hamas allies threaten stability in the region as they launch missiles toward Israel while targeting U.S. military assets.

The Guardian - AU · Feb 5, 2024

Live export ship to remain in WA with 15,000 livestock after regulator blocks voyage to Israel

Government says plan for MV Bahijah to sail around Africa to avoid Houthi attacks in Red Sea mean it’s not safe for the animals

International Business Times · Feb 5, 2024

OECD Ups World Growth Forecast But Sees Middle East 'Risk'

The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices.

The Guardian - UK · Feb 5, 2024

Houthis may sabotage western internet cables in Red Sea, Yemen telecoms firms warn

UN-recognised government and telecoms firms speak of threat to digital infrastructure, with some cables lying 100m below surface

Al Jazeera · Feb 4, 2024

US-UK strikes on Yemen’s Houthis: What we know so far

The Houthis say they remain undeterred after the latest round of strikes that hit dozens of targets.

Al Jazeera · Feb 4, 2024

How have Red Sea attacks by Yemen’s Houthi fighters affected companies?

The strikes have forced ships to change route, causing major disruptions in companies’ chains of production.

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