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☆ Oil dips as investors eye Israel-Gaza truce talks, U.S. Fed policy review
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: +2 min

An oil pump jack is seen in the Loco Hills region, New Mexico, U.S., April 6, 2023. Oil edged down in early trade on Tuesday after Israel-Hamas ceasefire talks in Cairo helped quell market fears of an expanded conflict in the Middle East, while worries about the outlook for U.S. interest rates weighed on the market. The delegation was expected to report back within two days, two Egyptian security sources said. On the economic front, investors are on watch this week for the U.S. Federal Reserve's May 1 policy review, with stubborn inflation pushing out market expectations for any rate cuts, which could bolster the U.S. dollar and hamper oil demand. Some investors are cautiously pricing a higher probability that the Fed could hike interest rates by a quarter percentage point this year and next as inflation and the labor market remain resilient.

Persons: Israel, Yemen's, Yahya Sarea Organizations: Brent, U.S . West Texas, Qatari, Suez, MSC Orion, U.S, U.S . Federal, U.S . Locations: New Mexico, U.S, Israel, Cairo, Gaza, Rafah, Iran, U.S .

☆ Ukraine says it used 7 exploding drones to take out a $100 million Russian radar system
▼ + stars: | 2024-04-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Ukraine said on Tuesday that it used 7 exploding drones to destroy a Russian radar system. Ukrainian media said the destroyed system was a Nebo-U, which monitors hundreds of miles of airspace. Ukraine assessed that the Nebo-U, downed by cheap drones, was worth $100 million. Ukrainian outlets reported that the destroyed Nebo-U was worth about $100 million. Multiple variations of the Nebo, which translates to "sky" in Russian, are used by Russian air and ground forces.

Persons: —, Yemen's Organizations: Service, Security Service of Ukraine, Kyiv Independent, Ukrainska Pravda, Kyiv, Business, Hamas Locations: Ukraine, Russian, Nebo, Bryansk, Russia, Belgorod, Ukrainian, Kharkiv, Rostov, Israel, Red

A battle is playing out in the Red Sea as Yemen's Houthi militia attacks commercial shipping vessels headed to the Suez Canal using weapons supplied by Iran. Now a US-led task force is fighting back. We compare the weapons and tactics and tell you who holds the power in this global conflict.

Locations: Suez, Iran

☆ Sirens and blasts sound across Israel after Iran launches drone attack
▼ + stars: | 2024-04-13 | by ( ) www.cnbc.com time to read: +3 min

Explosions are seen in the skies of the capital, following the attack from Iran in Tel Aviv, Israel on April 14, 2024. Iran launched a swarm of explosive drones and fired missiles at Israel late on Saturday in its first-ever direct attack on Israeli territory, risking a major escalation as the United States pledged "ironclad" backing for Israel. Sirens wailed and Reuters journalists in Israel said they heard distant heavy thuds and bangs from what local media called aerial interceptions of explosive drones. Israel's Channel 12 TV cited an unnamed Israeli official as saying there would be a "significant response" to the attack. British maritime security company Ambrey said in a statement that drones were also reportedly launched against Israel by Yemen's Iran-aligned Houthi group.

Persons: Joe Biden, Ambrey Organizations: United, Israel, Israel's, United Nations, Hamas, British, U.S Locations: Iran, Tel Aviv, Israel, United States, Iraq, Jordan, U.S, Damascus, Delaware, Gaza, Lebanon, Syria, Yemen, British, Egypt

☆ Iran seizes cargo ship in Strait of Hormuz, Israel goes on high alert
▼ + stars: | 2024-04-13 | by ( ) www.cnbc.com time to read: +5 min

Blaming Israel — which has neither confirmed nor denied responsibility — Iran vowed retaliation. Jordan on Saturday declared its airspace closed, in a possible precautionary move given the likelihood of its territory being overflown by any missiles exchanged by Iran and Israel. On Friday, Biden warned Iran against attacking Israel but said such a scenario could be imminent. On Tuesday, the Revolutionary Guards' naval head, Alireza Tangsiri, said the force could close the Strait of Hormuz, which lies between Iran and the United Arab Emirates, if necessary. The United States and Britain have carried out strikes against Houthi targets in response to the attacks on shipping.

Persons: Israel —, Zodiac, Eyal Ofer, Israel Katz, Joe Biden, Biden, Lloyd Austin, Yoav Gallant, Gallant, Alireza Tangsiri, Abraham, Hasan Alhasan Organizations: Iran's Revolutionary Guards, Hamas, Jordan, Saturday, Guards, Aries, MSC, Gortal Shipping, Zodiac Maritime, House, Iran, U.S . Defense, Pentagon, State, Revolutionary Guards, United Arab, Israel, International Institute for Strategic Studies, MSC Aries, Maritime Information Center Locations: Iranian, Syria's, Damascus, Strait, Hormuz, Israel, Gaza, Lebanon, Syria, Yemen, Iraq, Tehran, Iran, Iran's, State, United States, United Arab Emirates, UAE, Britain

☆ Vessel seized in Strait of Hormuz amid Iran tensions, shipping firms say
▼ + stars: | 2024-04-13 | by ( ) www.cnbc.com time to read: +2 min

A vessel has been seized by "regional authorities" between the United Arab Emirates and Iran, maritime security agencies said on Saturday, days after Iran warned it could close the area to sea traffic. UK Maritime Trade Operations (UKMTO) said the vessel had been seized 50 nautical miles (92 km) northeast of the Fujairah, an area close to the Strait of Hormuz that forms the entrance to the Gulf. Marine tracking sites said the vessel was the MSC Aries of Zodiac Maritime, an international shipping company partly owned by Israeli businessman Eyal Ofer. Reuters could not immediately confirm that and UKMTO said it could not provide more information when asked if the regional authorities were Iran and if the seized vessel was MSC Aries. The United States and Britain have carried out strikes against Houthi targets in response to the attacks on shipping.

Persons: Eyal Ofer, UKMTO, Islamic Revolutionary Guards Corps Alireza Tangsiri, Abraham, Joe Biden Organizations: United Arab, Maritime Trade Operations, ., MSC Aries, Zodiac Maritime, Zodiac, MSC, Islamic Revolutionary Guards Corps, Israel, Abraham Accords, Revolutionary Guards Locations: United Arab Emirates, Iran, Hormuz, U.S, UAE, United States, Gaza, Israel, Lebanon, Syria, Iraq, Yemen, Syria's, Damascus, Tehran, Yemen's Iran, Britain

☆ India's inflation, growth at risk from Red Sea crisis-driven oil price rise, government says
▼ + stars: | 2024-03-25 | by ( ) www.cnbc.com time to read: +1 min

India's national flag flaps next to the 'National Emblem' at the newly constructed Indian parliament building after the flag hoisting ceremony in New Delhi on Sept.17, 2023. India's inflation and economic growth are at risk from the rise in oil prices caused by disruptions in the Red Sea, the government said on Friday, highlighting the need to diversify trade routes. A combination of high freight costs, insurance premiums and long transit times can make imported goods "significantly more expensive", India's finance ministry said in its monthly economic review. India's shipments of agricultural commodities, textiles, chemicals, capital goods, marine and petroleum products may be impacted due to the disruptions, and affect the price competitiveness of exports. "To effectively address these challenges, there may be a need to diversify trade routes and transportation options," the finance ministry said.

Persons: Yemen's Locations: New Delhi, Red, Europe, Suez, Africa

☆ Explosion Reported Near Ship off Yemen Coast, UKMTO Says
▼ + stars: | 2024-03-16 | by ( March | At P.M. | ) www.usnews.com time to read: +1 min

CAIRO (Reuters) - The captain of a merchant ship east of Yemen's Aden has reported an explosion near the ship, the United Kingdom Maritime Trade Operations (UKMTO) agency said early on Sunday. "No damage to the vessel has been reported and the crew are reported safe. The vessel is proceeding to its next port of call," UKMTO said in an advisory note. The ship was 85 nautical miles (157 km, 98 miles) east of Aden, in an area where Houthi militant groups often target ships they say are linked to Israel or the United States. War in Israel and Gaza View All 222 ImagesThe United States and Britain have launched strikes on Houthi targets in Yemen and redesignated the militia as a terrorist group.

Persons: UKMTO, Yemen's, Hatem Maher, Tom Hogue, Edmund Klamann Organizations: United Kingdom Maritime Trade Operations, U.S Locations: CAIRO, Yemen's Aden, Aden, Israel, United States, Africa, Gaza, Britain, Yemen, Yemeni

☆ US-British Forces Strike Houthi Targets in Yemen, Houthi Outlet Says
▼ + stars: | 2024-03-11 | by ( March | At P.M. | ) www.usnews.com time to read: +1 min

By Mohammed GhobariADEN, Yemen (Reuters) -Yemen's port city of Hodeidah and other western coastal areas were hit on Monday by at least 17 airstrikes attributed to a U.S.-British coalition defending ships in the Red Sea, according to Al Masirah, the main Houthi-run television news outlet. The strikes follow the first civilian fatalities and vessel loss since the Iran-aligned Houthis began attacking commercial shipping in November. They also coincide with the first day of the Islamic holy month of Ramadan, a period of fasting for Muslims. The Houthis killed three crew of the Barbados-flagged, Greek-operated True Confidence on Wednesday in an attack off the port of Aden. (Reporting by Mohammed Ghobari in Aden, Adam Makary in Cairo; writing by Lisa Baertlein in Los Angeles; Editing by Kevin Liffey and Sephen Coates)

Persons: Mohammed Ghobari ADEN, Al Masirah, Houthis, Ras Issa, Mohammed Ghobari, Adam Makary, Lisa Baertlein, Kevin Liffey, Sephen Coates Organizations: British, U.S ., Hamas Locations: Yemen, Hodeidah, U.S, Red, Iran, Israel, Gaza, Ras, Barbados, Aden, Africa's, Suez, Cairo, Los Angeles

☆ US, UK, French military shoot down Houthi drones after attack on bulk carrier, destroyers
▼ + stars: | 2024-03-10 | by ( ) www.cnbc.com time to read: +1 min

The container ship, Safeen Pride, with a destination of 'HODEIDAH (ARMED GUARDS)' seen at sea on January 17, 2024 in Djibouti, Djibouti. U.S., French and British forces downed dozens of drones in the Red Sea area overnight and on Saturday after Yemen's Iran-aligned Houthis targeted bulk carrier Propel Fortune and U.S. destroyers in the region, the U.S. military said in a statement. U.S. Central Command (CENTCOM) said the U.S. military and coalition forces had downed at least 28 uncrewed aerial vehicles (UAVs) over the Red Sea in the early hours of Saturday. Earlier on Saturday, CENTCOM said the military was responding to a large-scale attack on ships in the Red Sea and Gulf of Aden between 4 a.m. and 6:30 a.m. (0100-0330 GMT). The UAVs were intended to present "an imminent threat to merchant vessels, U.S. Navy, and coalition ships in the region", it said in a post on social media platform X.

Persons: Yahya Sarea, CENTCOM Organizations: U.S, . Central Command, U.S ., Coalition Navy, U.S . Navy Locations: Djibouti, Djibouti . U.S, British, Red, Iran, Gulf of Aden, Gaza, Gulf, Aden, U.S

The Houthi attack involved bomb-carrying drones and one anti-ship ballistic missile, the U.S. military's Central Command said. The U.S. later launched an airstrike destroying three anti-ship missiles and three bomb-carrying drone boats, Central Command said. Gen. Yahya Saree, a Houthi military spokesman, acknowledged the attack, but claimed its forces targeted two American warships, without elaborating. Despite more than a month and a half of U.S.-led airstrikes, Houthi rebels have remained capable of launching significant attacks. Smoke poured out of one container aboard the vessel, which also showed scorch marks from the impact from a Houthi missile.

Persons: Yemen's, Carney, Arleigh Burke, Yahya Saree, ” Saree, Smoke Organizations: United Arab Emirates, —, Hamas, U.S . military's, Command, U.S, Central Command, MSC Sky, Mediterranean Shipping Co Locations: DUBAI, United Arab, U.S, Red, Gaza, Brig, Israel, Iran, Kolkata, Gulf, Aden, Switzerland, Singapore, Djibouti

☆ Ship sunk by Houthis threatens Red Sea environment, Yemen government and US military say
▼ + stars: | 2024-03-03 | by ( ) www.cnbc.com time to read: +3 min

CARGO SHIP RUBYMAR, RED SEA -- MARCH 1, 2024: Maxar closeup view satellite imagery of the cargo ship Rubymar - just before sinking after being targeted by Houthi rebels last month. The Iran-aligned Houthis, who control the north of Yemen and other large centres, say their campaign is a show of solidarity with Palestinians in Gaza. The Rubymar went down in the southern Red Sea late on Friday or early on Saturday, according to statements from the Yemen government and CENTCOM. "An urgent plan should be adopted by countries of the Red Sea to establish monitoring agenda of the polluted areas in the Red Sea as well as adopt a cleanup strategy," he said. The ecosystem of the southern Red Sea features pristine coral reefs, coastal mangroves and diverse marine life.

Persons: Houthi, CENTCOM, Ahmed Awad bin Mubarak, Ali Al, Al, Tony Wang Organizations: RED SEA, U.S . Central Command, U.S ., Marine, University of Jordan, Department of Earth, Environmental Sciences, Boston College, United Nations Locations: Iran, Yemen, Gaza, U.S, Belize, Africa, Red, United States, Britain, Suez, Aden, Saudi Arabia, United

☆ Battle for the Red Sea expands with U.S. strikes, EU stepping up its efforts against Houthis
▼ + stars: | 2024-02-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +9 min

Defense officials tell CNBC as of February 21, there have been at least 59 attacks on commercial shipping interests in the Red Sea. But the EU said the Red Sea moves reflect the need for a stronger European presence in protecting ships from Houthi attacks. Trade leaders have urged more countries to join the military effort in the Red Sea. A war of misinformation in the Red Sea crisis also continues. On February 2 in Brussels, Borrell informed Yemeni Prime Minister Bin Mubarak about the plans to launch a new EU maritime operation in the Red Sea and about its mandate.

Persons: Mason, Torm Thor, Good Hope, Peter Stano, Josep Borrell, Mark Montgomery, Sen, John McCain, Steven Lamar, Hussein, Azzi, Stano, Houthis, Borrell, Bin Mubarak, Rashad Al, Carl Bentzel, Bentzel, Tesla Organizations: European Commission, United States Central Command, Command, U.S, CNBC, European Union's Naval Force, EU, French Navy, Prosperity, Prosperity Guardian, EU Commission, Navy, Foundation, Defense of Democracies, Senate Armed, NATO, U.S . Central Command, UK, Prosperity Guardian . Trade, American Apparel and Footwear Association, Central Command, Yemeni, Presidential, Council, UN, Federal Maritime, Foreign Shipping, State Department, FMC, Walmart Locations: Aden, Iranian, Yemen, Red, Libyan Coast, Good, Somalia, European, EU, U.S, Australia, Bahrain, Canada, Denmark, Netherlands, New Zealand, Houthi, Europe, Suez, Belize, Brussels, Yemeni, United States, Egypt, Germany, Israel

☆ U.S. and British strikes on Houthi sites in Yemen answer militants’ surge in Red Sea attacks on ships
▼ + stars: | 2024-02-24 | by ( ) www.cnbc.com time to read: +8 min

The U.S. F/A-18 fighter jets launched from the USS Dwight D. Eisenhower aircraft carrier, which is currently in the Red Sea, officials said. President Joe Biden and other senior leaders have repeatedly warned that the U.S. won't tolerate the Houthi attacks against commercial shipping. During normal operations, about 400 commercial vessels transit the southern Red Sea at any given time. The Rubymar, a British-registered, Lebanese-operated cargo vessel, was attacked while sailing through the Bab el-Mandeb Strait that connects the Red Sea and the Gulf of Aden. The Associated Press, relying on satellite images from Planet Labs PBC of the stricken vessel, reported Tuesday that the vessel was leaking oil in the Red Sea.

Persons: Dwight D, Lloyd Austin, Grant Shapps, Shapps, Joe Biden, haven't, We've, Sabrina Singh, we've, Mason, Abdul Malik al, Hope Organizations: US Coast Guard, US Central Command, U.S, Eisenhower, Defense, Yemeni Armed Forces, RAF, Islander, Hamas, Houthi, Aden , U.S . Central Command, Central Command, Khorfakkan, United, Command, Associated Press, Planet Labs PBC Locations: Iran, Yemen, Tampa , Florida, United States, U.S, Gulf of Aden, British, Red, Britain, Australia, Bahrain, Canada, Denmark, Netherlands, New Zealand, Gaza, Aden , U.S, Asia, Europe, Africa, Suez, Mandeb, Gulf, Aden, Palau, Belize, Lebanese, Bulgaria, United Arab Emirates

☆ Gold set for weekly gain as weak dollar, Middle East woes lift appeal
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: +2 min

Gold prices inched higher on Friday and were on track for their first weekly rise in three, as a broadly weaker U.S. dollar and growing tensions in the Middle East lifted bullion's appeal. Gold prices inched higher on Friday and were on track for their first weekly rise in three, as a broadly weaker U.S. dollar and growing tensions in the Middle East lifted bullion's appeal. Spot gold was up 0.1% at $2,025.7 per ounce, as of 0411 GMT, and has gained 0.7% so far in the week. Tension mounted in the Middle East as Yemen's Iran-aligned Houthis claimed responsibility for an attack on a UK-owned cargo ship, and they targeted Israel's port and resort city of Eilat with ballistic missiles and drones. Meanwhile, the dollar index was heading for its first weekly dip in nearly two months, making the greenback-priced bullion less expensive to overseas buyers.

Persons: Edward Meir, Houthis, Christopher Waller Organizations: Federal Reserve, CME Locations: Iran, Eilat

☆ Houthi attacks on ships are giving the rebels and Iran intel on how to hunt down and strike naval targets, war experts say
▼ + stars: | 2024-02-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The Houthis have spent the past few months lobbing missiles and drones at ships off Yemen's coast. War experts say these attacks are giving Iran and the rebels, Tehran's proxies, valuable data. War experts say the rebels and Iran, their main backer, have been learning key information from the ongoing attacks in the Red Sea and Gulf of Aden. US Central CommandThe Houthi rebels boast a sizable arsenal of one-way attack drones, anti-ship cruise missiles, and anti-ship ballistic missiles, the latter of which had never been used in combat until recently. Earlier this week, for example, a Houthi anti-ship ballistic missile hit a bulk carrier, forcing its crew to issue a distress call and abandon the vessel.

Persons: —, Khaled Abdullah, John Kirby, Marlin Luanda, Sabrina Singh, Kirby Organizations: Navy, Service, US Navy, Institute for, American Enterprise Institute, US Central Command, International Institute for Strategic Studies, REUTERS, National Security, Marshall, Central Command, Pentagon Locations: Iran, Yemen, Gulf of Aden, resupplied, Tehran, Sanaa, Bermuda, Gulf, Aden

☆ CNBC Daily Open: Is the battle against inflation getting tougher?
▼ + stars: | 2024-02-21 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The 30-stock Dow fell 0.17%. Palo Alto Networks dipsShares of Palo Alto Networks fell 19% in extended trading, after the cybersecurity company lowered its full-year outlook. Pros say that exposure can come from real estate investment trusts and picked 5 REITS that are in play.

Persons: Jerome Powell, Dow, Nikesh Arora, Amazon's Dow, Yemen's Organizations: Federal Reserve, New York Stock Exchange, CNBC, Nvidia, Nasdaq, Palo, Palo Alto Networks, Walgreens, Dow Industrial, Dow Jones Indices Locations: New York City, U.S, Red, Rafah

☆ Middle East escalation fears spike as Houthis launch most damaging attack yet
▼ + stars: | 2024-02-20 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Houthi military spokesman Yahya Saree claimed the group's responsibility for the attack, calling it their most severe yet. The group claim to support Palestinian civilians amid Israel's retaliatory military campaign in the Gaza Strip. Simultaneously, fighting is raging between Israel and Hamas in the Gaza Strip with no sign of abating despite diplomatic efforts by a number of countries. INTERNATIONAL WATERS RED SEA, YEMEN - NOVEMBER 20: This handout screen grab captured from a video shows Yemen's Houthi fighters' takeover of the Galaxy Leader Cargo in the Red Sea coast off Hudaydah, on November 20, 2023 in the Red Sea, Yemen. EU foreign ministers called in a joint statement for an immediate humanitarian pause that would lead to a lasting cease-fire.

Persons: Mohammed Huwais, Yemen's, Yahya Saree, Saree, Charles Myers, CNBC's, Myers, Hungary —, Israel's, Benjamin Netanyahu, Israel, hasn't, Mohammed Abed Organizations: Hamas, Afp, Getty, U.S . Central Command, Global Advisors, SEA, Galaxy Leader Cargo, Handout, Security, Palestinian Locations: Israel, Sanaa, Gaza, Red, Belize, Gulf, Aden, Iranian, Yemen, U.S, Gulf Aden, Rafah, Gaza's, YEMEN, Red Sea, Lebanon, Iran, Beirut, Hungary

☆ Iran-backed Houthi rebels just shot down an MQ-9 Reaper, costing the US another $30 million combat drone
▼ + stars: | 2024-02-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The Houthi rebels shot down an American MQ-9 Reaper drone off the coast of Yemen on Monday, two US officials confirmed to Business Insider. A Pentagon spokesperson said the rebels used a surface-to-air missile to take down the drone, which has not yet been recovered by the US. Photo by Houthi Movement via Getty ImagesThe incident comes less than three months after the Houthis shot down an American Reaper drone off the coast of Yemen as the aircraft was flying through international airspace. These capabilities make the Reaper useful in the US efforts to stop Houthi missiles before they fire at international shipping. Photo by Houthi Movement via Getty ImagesThe downed Reaper drone was not the only escalatory move by the Houthis over the past two days.

Persons: —, It's, CENTCOM Organizations: Service, Business, Pentagon, US, Houthi, Getty, Hellfire, US Central Command Locations: Yemen, Iran, Gulf of Aden, Alhudaydah province, Russian, Europe

☆ Houthis claim 'catastrophic' attack in Red Sea that prompted crew to abandon ship
▼ + stars: | 2024-02-19 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

The Iran-backed Houthi militant group on Sunday damaged a ship offshore Yemen, prompting its crew to abandon the vessel in the latest escalation of maritime tensions that have disrupted key trade routes in the Red Sea. Houthi militants later claimed the attack, with spokesperson Yahya Sare'e identifying the vessel as general cargo ship Rubymar and describing it as British. "The ship suffered catastrophic damage and came to a complete halt," Houthi Spokesperson Sare'e said. The hostilities have also prompted armed exchanges between Houthis and British and American forces, which have previously struck at Yemeni targets in a bid to improve maritime security. Sare'e said that the Houthis on Sunday also shot down a U.S. drone in Hodeidah.

Persons: Yahya Sare'e, Sare'e, Ice Brent, Nymex WTI Organizations: Maritime Trade Operations, CNBC, Global, Djiboutian Navy, Hamas, Maersk, Ice, U.S . Central Command, U.S . Navy, Ambrey Analytics Locations: Iran, Yemen, Red, Belize, British, U.S, Saudi, Khair, Varna, Bulgaria, Gulf, Aden, London, Gaza, Danish, Good Hope, Houthis, ., Houthi, Greece, Yemen's

☆ Oil down in thin trade as U.S. gears up for Presidents' Day
▼ + stars: | 2024-02-19 | by ( ) www.cnbc.com time to read: +2 min

A pump jack at an oil lot connected to the Petroleos del Peru SA Talara refinery in Piura, Peru, on Wednesday, Dec. 13, 2023. Oil prices edged down on Monday morning as markets digested comments from U.S. Federal Reserve officials pointing to a more patient stance regarding potential interest rate cuts, in thin early trade on what is a public holiday in the United States. U.S. West Texas Intermediate crude was 35 cents, or 0.44%, lower at $78.84 at 0138 GMT. Markets are yet to see the direction of demand from China after that country returns from a week-long Lunar New Year holiday, while Presidents' Day in the United States is set to keep trade relatively muted. Higher rates keep up the cost of buying oil, providing for a bearish market trend.

Persons: Brent, Alexei Navalny, Vladimir Putin's Organizations: del, del Peru SA Talara, U.S . Federal, . West Texas, Yemen's, of, Petroleum, ANZ Research, International Energy Agency, ANZ, United Nations Security Council Locations: del Peru, Piura, Peru, U.S, United States, China, Gaza, Yemen's Iran, India, Algerian, Israel, Europe, Russia, Ukrainian, Avdiivka, Moscow

☆ Yemen's Houthis say they targeted oil tanker Pollux
▼ + stars: | 2024-02-17 | by ( ) www.cnbc.com time to read: 1 min

Yemen's Iran-aligned Houthis said on Saturday that they had fired missiles at oil tanker Pollux, which U.S. officials said the previous day had been hit by a missile. The U.S. State Department said on Friday that the Pollux, a Panamanian-flagged tanker carrying crude oil bound for India, was hit by a missile on its port side. "The naval forces of the Yemeni Armed Forces carried out a targeting operation against a British oil ship (Pollux) in the Red Sea with a large number of appropriate naval missiles, and the strikes were accurate and direct", the Houthis' military spokesperson, Yahya Sarea, said in a statement. The Houthis have launched repeated drone and missile attacks against international commercial shipping in the Red Sea and the Bab al-Mandab Strait since mid-November, saying they are acting in solidarity with Palestinians as Israel wages war on Hamas.

Persons: Houthis, Yahya Sarea Organizations: U.S . State Department, Yemeni Armed Forces Locations: Iran, Panamanian, India, Mandab, Israel

☆ Yemen's Houthis Fire Missiles at British Ship in Gulf of Aden, Spokesman Says
▼ + stars: | 2024-02-15 | by ( Feb. | At P.M. | ) www.usnews.com time to read: 1 min

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Organizations: U.S . News, U.S News

☆ Sea drones are being used to smash Russia's navy, and now they're being used to attack a US aircraft carrier too
▼ + stars: | 2024-02-15 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Multiple sea drones have been launched at the USS Dwight D. Eisenhower in the last weeks. The use of cheap sea drones has been pioneered, to considerable success, by Ukraine. The aircraft carrier USS Dwight D. Eisenhower (CVN 69) transits the Atlantic Ocean during Carrier Air Wing (CVW) 7's fly-off. AdvertisementUS forces have encountered Houthi sea drones amid commercial shipping on at least three occasions, specialist outlet the Maritime Executive reported. The emergent technology of sea drones has been largely pioneered — with considerable success — by Ukraine against Russia's Black Sea Fleet.

Persons: Dwight D, Eisenhower, —, Houthis, Marc Miguez, Ryan, Basil Germond, Miguez, Jake Epstein Organizations: Service, Associated Press, US, intel, Carrier Air Wing, US Navy, Maritime Executive, Russia's, Defense Intelligence, Lancaster University, AP, Saudi, Carrier Strike Group Locations: Ukraine, Red, Russian

☆ Yemen Houthi Leader: No Ships Linked to Israel Passed During Last Week
▼ + stars: | 2024-02-13 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

"The Americans and the British failed to secure the passage of any ship heading to Israel. They can no longer protect even American-British ships, and this is a real and major victory for us," Abdul Malik al-Houthi said in a televised speech. Houthi militants, who control Yemen's most populous regions, have repeatedly fired on international commercial ships since mid-November. Their targets have been vessels with commercial ties to the United States, Britain or Israel, according to shipping and insurance sources. Houthi operations in the Red Sea, he said, were "legitimate (ones) to help support the people of Gaza and lift the siege being imposed on them."

Persons: Yemen's, Houthis, Abdul Malik al, Houthi, Mohamed Ghabori, Adam Makary, Gareth Jones, Mark Heinrich Organizations: British Locations: CAIRO, Yemen's Iran, Aden, Israel, British, United States, Britain, Gaza, Red, Yemen

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