DARK SECRETS: 6 - The Real Truth

India stresses security of seafarers as "high priority" after Indian vessel sinks off Yemen; calls for safe, unimpeded passage

India's External Affairs Ministry stressed seafarer safety following a Red Sea vessel sinking. All thirteen Indian nationals aboard were successfully rescued by Yemeni authorities. The government is coordinating with shipping ministries and regional maritime authorities. India continues to advocate for safe and unimpeded global commerce navigation. This incident highlights ongoing…

The Economic Times · Aug 7

Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal

Oil prices fell as markets reacted to ongoing discussions between Iran and Oman. The negotiations could pave the way for a peace agreement between the United States and Iran, potentially reopening the critical Strait of Hormuz. Reports suggest progress towards a deal that would allow Iran to oversee shipping operations,…

The Economic Times · Aug 6

Over 50 nations, 3 continents: Has World War III already begun?

The world today is so well-connected and interlinked that the petrol in your car costs more because missiles are flying over the Persian Gulf, your online order is delayed because ships are avoiding the Red Sea, and soldiers who learnt to fight Russian drones in Ukraine are now training troops…

The Times of India · Aug 5

Houthis vow 'full escalation' as Saudi Arabia launches Red Sea coalition

Houthi leader Abdul-Malik al-Houthi warned Saudi Arabia of an all-out response hours before Riyadh announced a new multinational maritime defence coalition, with 14 countries, including Pakistan, Turkey and Egypt, signing a founding statement to protect Red Sea shipping.

Euronews · Jul 31

Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?

Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Aden. The Saudi defense ministry said 14 countries, including Turkey, Pakistan, Egypt, Sudan and Djibouti, had issued a joint statement backing the proposed maritime security alliance.

The Economic Times · Jul 31

Saudi Arabia prepares sea and possible land offensive against Houthis

Yemeni sources say Saudis concentrating forces for what could be attack in central Yemen

The Guardian - UK · Jul 30

Saudi Arabia seeks coalition to secure Red Sea shipping

Saudi Arabia is seeking an international coalition to safeguard Red Sea shipping lanes. This initiative aims to counter ongoing Houthi attacks which threaten commercial vessels. The Houthis previously declared a naval blockade against Saudi Arabia in the Red Sea. Riyadh has responded with air strikes targeting Houthi military facilities. These…

The Economic Times · Jul 30

Oil prices slip as tankers continue to ply Middle East conflict zones

Oil prices saw a decline as tankers continued to move out of the Middle East. Escalating tensions and expanded conflict fronts are impacting regional stability. Thirty-nine commodity ships passed through the Bab el-Mandeb strait into the Red Sea. Iran has ruled out an Omani proposal for regional joint management of…

The Economic Times · Jul 30

Aramco mulls new Asia pricing on deliveries from Egypt port

State-run Aramco has been asking Asian customers to take oil deliveries from the Egyptian port, near the Suez Canal exit from the Red Sea, as some shipowners are avoiding Yanbu fearing Houthi attacks. Meanwhile, Asian refiners are pressing Saudi Arabia for discounts to offset the higher freight costs and longer…

The Economic Times · Jul 29

Houthis to copy Iran's Hormuz playbook with Red Sea toll plan

Yemen's information minister said intelligence confirmed IRGC advisers were directly involved in designing a Houthi-enforced toll system for the Bab el-Mandeb, mirroring Iran's contested claim to charge fees in the Strait of Hormuz.

Euronews · Jul 29