More than two months of direct fighting with the Houthis has heavily taxed the U.S. military, which is expending a significant amount of money to take down cheap drones, launch retaliatory strikes and defend against rebels who are, in turn, shooting down pricey American drones. In most cases, the U.S. is launching $2 million defense missiles … Read more
Oil prices regained some ground in early Asian trade on Wednesday, as investors weighed concerns over output cuts by key producers and attacks on shipping in the Red Sea against dimmed expectations of U.S. rate cuts. Brent crude futures rose 12 cents, or 0.15%, to $82.46 a barrel by 0100 GMT, while U.S. West Texas … Read more
The United States on Wednesday said it will once again designate the Houthi movement of Yemen, also known as Ansaralla, as a terrorist group. This comes after the U.S. targeted the rebels in a third airstrike, following the group’s attacks on shipping vessels in the Red Sea and the Gulf of Aden. The designation will … Read more
LONDON: British Prime Minister Rishi Sunak said on Friday that the country’s joint air strikes with the US against Houthi military targets in Yemen overnight was a “necessary and proportionate action in self-defence.” The US-led strikes are the first against the Houthi militia since it started targeting international shipping in the Red Sea from November … Read more
Canada and its allies are warning that disruptions from attacks on shipping vessels in the Red Sea are “adding significant cost” and delays to global shipping. A joint statement Wednesday from Canada, the United States, United Kingdom and a host of other nations reiterates condemnation of Houthi attacks on commercial ships in the Red Sea, … Read more
Danish shipping giant Maersk is pausing its operations through the Red Sea again following a Sunday attack on one of its ships from the Iranian-backed Houthi rebel group. Maersk said in a Tuesday advisory that it would pause Red Sea transits until further notice, continuing to redirect ships around Africa and the Cape of Good … Read more
Yemen’s Houthi rebels show no signs of ending their “reckless” attacks on commercial ships in the Red Sea, the top commander of U.S. naval forces in the Middle East said Saturday, even as more nations join the international maritime mission to protect vessels in the vital waterway and trade traffic begins to pick up. Since … Read more
