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Oil prices edge higher after U.S. stocks build less than expected
  + stars: | 2024-03-07 | by ( ) www.cnbc.com   time to read: +1 min
Oil prices ticked higher on Thursday after U.S. crude inventories rose less than expected last week and fuel stocks saw large draws. Oil prices ticked higher on Thursday after U.S. crude inventories rose less than expected last week and fuel stocks saw large draws. Brent crude futures rose 15 cents to $83.11 a barrel by 0021 GMT, while U.S. West Texas Intermediate crude futures rose 18 cents to $79.31 a barrel. The benchmarks edged up about 1% on Wednesday after crude inventories rose for a sixth week in a row, building by 1.4 million barrels, about two-thirds of the 2.1 million-barrel rise analysts had forecast in a Reuters poll. Gasoline and distillate stocks fell more-than-expected, the EIA data also showed.
Persons: Jerome Powell Organizations: Brent, U.S, West Texas, U.S . Federal Locations: U.S ., U.S, Beijing, Saudi Arabia, Asia, Oman, Dubai
DUBAI, United Arab Emirates (AP) — The Middle East franchisee of Starbucks said Tuesday it has begun firing around 2,000 workers at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel-Hamas war in the Gaza Strip. Alshaya runs about 1,900 Starbucks branches in Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Turkey and United Arab Emirates. Since the beginning of the war on Oct. 7, Starbucks has found itself alongside other Western brands targeted by pro-Palestinian activists over the war. “We do not use our profits to fund any government or military operations anywhere — and never have.”In October, Starbucks sued Workers United, which has organized workers in at least 370 U.S. Starbucks stores. Starbucks isn't the only brand targeted by activists in the war.
Persons: Alshaya, , Boycotters Organizations: United Arab Emirates, East, Starbucks, Reuters, Workers United, Israel, McDonald's Locations: DUBAI, United Arab, Israel, Gaza, Kuwait, Bahrain, Egypt, Jordan, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Turkey, United Arab Emirates, Seattle, U.S
The Middle East franchisee of Starbucks said Tuesday it has begun firing around 2,000 workers at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel-Hamas war in the Gaza Strip. Alshaya runs about 1,900 Starbucks branches in Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Turkey and United Arab Emirates. Since the beginning of the war on Oct. 7, Starbucks has found itself alongside other Western brands targeted by pro-Palestinian activists over the war. In October, Starbucks sued Workers United, which has organized workers in at least 370 U.S. Starbucks stores. Starbucks isn't the only brand targeted by activists in the war.
Persons: Alshaya, Boycotters Organizations: East, Starbucks, Reuters, Workers United, Israel, McDonald's Locations: Israel, Gaza, Kuwait, Bahrain, Egypt, Jordan, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Turkey, United Arab Emirates, Seattle, U.S
OPEC+ members extend oil output cuts to Q2
  + stars: | 2024-03-03 | by ( Eva Rothenberg | ) edition.cnn.com   time to read: +2 min
CNN —OPEC+ member nations have agreed to extend their voluntary cuts to crude oil production through the second quarter, the group announced Sunday. The move is a part of the group’s perpetual balancing act to stabilize oil prices by reducing supply. OPEC+, a coalition of the world’s top oil producing countries, had announced voluntary oil cuts of 2.2 million barrels per day in November. The Energy Information Administration reported last month oil refinery inputs, crude oil stock, and gasoline production were all increasing. Oil prices fell on the agency’s announcement US commercial crude oil inventory was sitting at 447.2 million barrels.
Persons: Brent, Goldman Sachs Organizations: CNN, OPEC, The United Emirates, AAA, Energy Information Administration, EIA Locations: OPEC, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, Oman, United States
To put that in perspective, that’s nearly 63 million more travelers than the world’s current busiest airport, Hartsfield–Jackson Atlanta International, handled in 2022 and nearly 100 million more than Dubai International. philipus/Alamy Stock PhotoThe recent Dubai Air Show, held at a purpose-built venue at Al Maktoum International Airport in 2023, offered some intriguing hints about what’s ahead for DWC – and some insights into Dubai Airports’ long-term strategy. “We have prioritized expansion and investments at DXB to meet our customers’ requirements and plans,” Paul Griffiths, Dubai Airports CEO, tells CNN. Changing the business modelNew artist renderings haven't been released in a decade, but Dubai Airports CEO Paul Griffiths says the team will soon be working on ambitious new designs. It will have capacity for 185 million passengers per year, or almost seven times the number it handled in 2022.
Persons: Al Maktoum, it‘ll, that’s, Hartsfield –, let’s, DWC, ’ Al Maktoum, DWC –, ” Paul Griffiths, , Griffiths, ” Griffiths, , haven't, Paul Griffiths, “ We’re, Mohammed bin Rashid, Nadine Itani, Abu Dhabi’s, Foster Organizations: CNN, Al, Al Maktoum International Airport, Dubai World, Dubai Airports, Dubai International, Al Maktoum International, Hartsfield, Hartsfield – Jackson Atlanta International, Emirates Cargo, UAE, , ’ Al Maktoum International, Dubai Air, Dubai, AFP, Traveller, Emirates, University of Surrey, Hamad International Airport, Kuwait International, Partners, Sharjah International Airport, Air, Riyadh Air Locations: Budapest, Al Maktoum, Dubai, Dubai’s, Eastern Europe, Russia, Central Asia, Emirates, England, India, Middle, Europe, Qatar, Muscat , Oman, Bahrain, Gulf, Kuwait, British, Sharjah, Saudi Arabia, Riyadh, Saudi
With the English Premier League club vying to win an historic quadruple this season, and with injuries ravaging the senior squad, manager Jurgen Klopp has turned to the club’s famed academy for help. And while Danns and Koumas got on the scoresheet, 19-year-old Bobby Clark produced an assist for the latter. Jon Super/APHis father, former Premier League player Neil Danns, was at Anfield to watch his son score his first two goals for the senior side. Bobby Clark, perhaps the standout star from this latest crop of players, talking with Liverpool manager Jurgen Klopp. Inglethorpe recently spoke to Liverpool Jamie Carragher about the demands and expectations set for youngsters coming through the ranks at the Premier League club, and it’s clear that character means just as much as talent.
Persons: Jurgen Klopp, they’ve, , Lewis Koumas, Jayden Danns –, Koumas, Danns, Liverpool –, , Bobby Clark, James McConnell, Kaide Gordon, Trey Nyoni, Nyoni, it’s, Clark, Jayden Danns, Jon Super, Neil Danns, I’m, ” Danns, , ” Lewis Koumas, Jason Koumas, Liverpool’s, Jayden, Richard Jolly, Peter Byrne, Lee Clark, “ I’d, ” Clark, Justin Setterfield, Alex Inglethorpe, Inglethorpe, Liverpool Jamie Carragher, Klopp, ” Inglethorpe, Carragher Organizations: CNN, English Premier League, hasn’t, Liverpool, Southampton, FA, Premier League, Anfield, Wembley, Chelsea, Tranmere, Athletic, Wales, Wigan, West Bromwich Albion, Newcastle, Fulham, Premier League club, Manchester United, Sparta Prague, Europa League Locations: Anfield, Newcastle, Sudan, Oman, Liverpool, The Telegraph
CNN —Standing on the South Pole at the start of the year with the wind whipping across the Antarctic, travel blogger Johnny Ward felt a surge of relief. Years before, in 2017, he’d become the first Irish person to visit every country in the world. Life goalIrish explorer Johnny Ward has climbed the seven summits, reached the North and South poles, and visited every country in the world. And originally I thought the freest you can be is to visit every country,” he said. Costly challengeWard cycling in south east Asia while completing the epic challenge of visiting every country in the world.
Persons: Johnny Ward, he’d, Ward, Johnny Ward “, ” Ward, , , who’ve, Mount, didn’t, wasn’t, “ I’m, He’s, Mariana Trench Organizations: CNN, CNN Travel, UN, Antarctic, Locations: Thailand, Palestinian, Taiwan, Kosovo, Oman, Socotra, Yemen, Cairo, Cape Town, South Korea, Australia, Denali, Asia, Galway, Ireland, Northern Ireland, Spain, Florida, New York, Mauritania, Africa
CNN —A Marine rapid response force is expected to leave the eastern Mediterranean Sea in the coming weeks and return to the United States, according to two defense officials, in a significant reduction of US forces in the region. The Marine rapid response force first deployed in July and was sent to the region in October. It had previously been extended to remain in the eastern Mediterranean Sea, as CNN reported. The US has maintained an aircraft carrier or amphibious assault ship in the eastern Mediterranean Sea since shortly after the October 7 attacks in Israel. The Ford carrier strike group, which had been extended several times, left the eastern Mediterranean Sea in early-January, replaced by the Bataan amphibious ready group and the Marine rapid response force.
Persons: , hasn’t, , Sabrina Singh, Dwight D, Lloyd Austin, Gerald R Organizations: CNN, 26th Marine Expeditionary Unit, Pentagon, Marines, MEU, Eisenhower, Red Sea, Navy, Ford, US, Bataan Locations: United States, Bataan, Gaza, Israel, Lebanon, Iraq, Syria, Jordan, Red, Yemen, Gulf, Oman, Lebanese
The Oman Cultural Complex, designed by French firm Architecturestudio, will consist of the new National Theatre, National Library and an exhibition center, and cover 70,000 square meters upon completion. ArchitectureStudioRoueïda Ayache oversees most Architecturestudio projects in the Middle East, including previous designs such as the Bahrain National Theatre, opened in 2012, and Jordan’s Amman Rotana Tower. She believes that the Cultural Complex will become a key attraction in Muscat. ArchitectureStudioRené-Henri Arnaud is the partner architect in charge of the Cultural Complex, and for him, a crucial aspect is its practicality. Arnaud adds that the National Library “will be a multimedia library, not just for students but international visitors.”There is no definitive completion date as yet for the complex.
Persons: Architecturestudio, Roueïda Ayache, , Ayache, ArchitectureStudio René, Henri Arnaud, “ It’s, Arnaud Organizations: CNN, National Theatre, National Library, Bahrain National Theatre, Jordan’s, Jordan’s Amman Rotana, Oman’s Ministry of Heritage, Muscat International Airport, Theatre, National Locations: Muscat, Oman, Jordan’s Amman, Muscat . “, Greater Muscat
“They continue to surprise us,” said one senior defense official, referring to the Houthis. Officials also believe Iran instructed the groups to back off the attacks following the US strikes. The issue is becoming more acute, especially given the notable increase in Houthi attacks over the last two days. At the same time, the Houthis also crave international legitimacy, officials said, and want to be recognized as the official Yemeni government. Still, there are no signs yet that Iran is actively withholding support from the Houthis, officials said.
Persons: CNN —, Biden, , Sabrina Singh, , , Marc Miguez, Israel, Privately, Matthew Miller, Singh, ” Singh Organizations: CNN, Pentagon, Central Command, Carrier Strike, Yemeni, Saudi, State Department, US, Prosperity Locations: Iran, Yemen, Gulf, Aden, Iraq, Syria, Jordan, Baghdad, Gaza, Israel, Red, Oman, Bahrain
She embarked on her first traveling teaching role seven years ago. Lucy Spencer, near the Italian island of Capri. Lucy Spencer Education Boutique"It's not about me imparting knowledge," she told CNBC Travel. Spencer said she wants to make traveling teachers available to more families, by creating cheaper options, such as pairing families with trained students taking a gap year. Source: Lucy Spencer
Persons: Lucy Alexandra Spencer, , Spencer, she's, Lucy Spencer, hadn't, you've, that's, I'm Organizations: CNBC Travel Locations: Oman, France, Switzerland, Portugal, Europe, United States, Capri, French, Saint, United Kingdom, Dubai, Thailand, Austria
Maxar Technologies Visual Investigations The $2.8 Billion Hole in U.S. Sanctions on Iran A Times investigation reveals how lax government oversight allowed shadowy oil tankers, covered by American insurance, to fund Iran’s regime. The American Club is one of only 12 major insurers of its kind, and the only one based in the United States. By then, the tankers had transported at least $2.8 billion in crude oil, based on the lowest reported prices of Iranian oil in 2023. The Treasury office has publicly enforced sanctions on the American Club only once in the past 20 years. Ultimately, the office said the American Club did “not appear to have been willful or reckless” and the case was settled.
Persons: Biden, , penna gabrielle toyomi, penna selene gabrielle, gabrielle, selene, lisa marianne selene, Samir Madani, Maggie Hassan, Daniel Tadros, , Mr, Tadros, Shipowners, ” Mr, Madani of TankerTrackers.com, David Tannenbaum Organizations: Maxar, Maxar Technologies, Sanctions, U.S, White, New York Times, Times, Treasury Department, American Club, Treasury, cathay kirin, Copernicus, Planet Labs, Star, American, The Times, Revolutionary Guards Corps, Anadolu Agency, Getty, Club’s, Hamas, Bloomberg, United Against Nuclear, Nuclear, Glory, United, National Iranian Tanker, Labs, Copernicus Sentinel, Club, International Maritime Organization, AIS, Spire Locations: Gulf of Oman, American, U.S, Iran, New York, New Hampshire, United States, Hong Kong, Kharg, Kpler, China, Israel, Yemen, United Against Nuclear Iran, Nuclear Iran, United Arab Emirates, Asaluyeh, Dubai, of Oman, Persian, Oman, Cuba, Sudan, MarineTraffic, SynMax, TankerTrackers.com
Customers in the Middle East were angered after McDonald’s Israel – which is operated by a local franchisee -- announced in October it was providing free meals to Israeli soldiers. Last month, McDonald’s President and CEO Chris Kempczinski warned that “misinformation” in the Middle East and elsewhere was hurting sales. Photos You Should See View All 45 ImagesIt was an unexpected end to an otherwise strong year for the burger giant, which said global sale-store sales rose 9% in 2023. Starbucks said last week that it faced boycotts in the Middle East and elsewhere because of its perceived support for Israel. McDonald’s revenue rose 8% to $6.4 billion in the fourth quarter, meeting analystexpectations.
Persons: McDonald’s Israel, Chris Kempczinski, McDonald’s, ” Kempczinski Organizations: FactSet, Starbucks, Israel, McDonald’s Corp Locations: Gaza, McDonald’s Oman
Yemen's Houthis Vow Response After US, British Strikes
  + stars: | 2024-02-04 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +6 min
The group's military spokesperson Yahya Sarea said the U.S. strikes "will not pass without a response and consequences." HOUTHIS SAY WON'T BE DETERREDThe Houthis, who control swathes of Yemen, say their attacks are in solidarity with Palestinians as Israel strikes Gaza. The strategy blends limited military strikes and sanctions, and appears aimed at punishing the Houthis while attempting to limit the risk of a broad Middle East conflict. "We have already successfully targeted launchers and storage sites involved in Houthi attacks, and I am confident that our latest strikes have further degraded the Houthis’ capabilities." The United States said Sunday's strikes had support from Australia, Bahrain, Canada, Denmark, the Netherlands and New Zealand.
Persons: Phil Stewart, Idrees Ali, Mohammed Ghobari WASHINGTON, Yahya Sarea, Mahjoob Zweiri, Joe Biden, Sarea, Grant Shapps, Sunday's, Badr bin Hamad bin Hamoud, Busaidi, Andrew Mills, Tom Perry, Hugh Lawson Organizations: Reuters, Britain, Pentagon, Hamas, Residents, Islamic Revolutionary Guard Corps, Gulf Studies, Qatar University, U.S, Republicans, Democrat, U.S . military's Central Command, British Defence, U.S . Central Command, Oman Foreign, Tala Locations: ADEN, United States, Yemen, Iran, Palestinian, Israel, Gaza, Tehran, Houthi, U.S, Jordan, Iraq, Syria, Lebanon, Britain, Africa, Egypt, Suez, Red, States, Australia, Bahrain, Canada, Denmark, Netherlands, New Zealand, Sanaa Governorate, Taiz Governorate, Hodeidah Governorate, Oman, Doha, Dubai
Israel and Iran have been locked in a shadow war for years, long before the latest war in Gaza began. They have traded covert attacks by land, sea and air, as well as online. Israel has conducted targeted killings of key Iranian figures and strikes aimed at crippling Iran’s nuclear and military capabilities. Syria is a close ally of Iran and a conduit for Iranian weapons shipments to its proxies, especially Hezbollah. Iran and Pakistan Israel’s war with Hamas in Gaza Clashes along Israel-Lebanon border Qatar Iranian strike targeting militants Saudi Arabia U.A.E.
Persons: Israel, Ebrahim Raisi, Israel —, SANA, Hojatallah Omidvar, Haj Sadegh Omidzade, General Omidvar, Sayyed Razi Mousavi, Ronen Bergman, Victoria Kim Organizations: Guards, Quds Force, Islamic, Hamas, Revolutionary Guards, Human Rights, SYria AFghanistan IRAQ Israel Iran Clashes, West Bank, Qatar, Qatar INdia Saudi Arabia U.A.E, Red Sea, TURKEY U.S, EGYPT Qatar Saudi Arabia U.A.E, SYria IRAQ Iran Israel Clashes, West Bank KUWAIT PAK, Qatar Iranian, Saudi Arabia U.A.E, Quds Forces, Brig, Senior Locations: Iran, Damascus, Israel, Gaza, Syria, Islamic Republic of Iran, Lebanon, Yemen, Gaza . Israel, Syrian, Britain, East TURKMENISTAN Syria, Iraq TURKEY Iran, SYria AFghanistan IRAQ Israel Iran, West, Gaza PAKISTAN KUWAIT Iran, Pakistan EGYPT, Qatar INdia Saudi Arabia, OMAN Red, YEMEN Sudan, Red, Red Sea U.S, Iraq TURKMENISTAN Iran, TURKEY, Gaza Iran, Pakistan KUWAIT PAKISTAN, EGYPT Qatar Saudi Arabia, Sudan YEMEN U.S, SYria IRAQ Iran Israel, Pakistan, Qatar, Saudi Arabia, OMAN, YEMEN, Iranian, Gen, Erbil, Kurdistan, Iraq, Israeli, United States
The Pakistani Foreign Affairs Ministry said that the country’s forces had conducted “precision military strikes” against what it called terrorist hide-outs in southeastern Iran. Iranian officials said that nine people had been killed, including four children, and Pakistani officials said the death toll of the Iranian strikes included at least two children. The official said that air force fighter jets and drones had been used in the Pakistani retaliatory strikes. In a statement, the Pakistani military called the two neighbors “brotherly countries” and said that “dialogue and cooperation is deemed prudent in resolving bilateral issues” between them. Pakistani military analysts were hopeful that this could pave the way for diplomatic dialogue between the two nations.
Persons: Islamic Republic “, , Ahmad Vahidi, Sohail Shahzad, Benjamin Netanyahu, , Syed Muhammad Ali, Waqar Hasan, Arash Khamooshi, Baluch, al, Vivian Nereim Organizations: Pakistani Foreign Affairs Ministry, Iran Exchange, Foreign Ministry, Islamic, Islamabad ”, Islamic Revolutionary Guard Corps, Iranian, Credit, Pakistan, The New York Times Pakistan, Guards Locations: Pakistan, Iran, Baluch, Iraq, Islamic Republic, Saravan, Tehran, Islamabad, Rask, Israel, Gaza, Balochistan Province, Yemen, Suez, United States, Pakistani, “ Pakistan, Baluchistan Province, Sistan, Persian, Oman, Riyadh, Saudi Arabia
Arms Race: What Travelers Can Expect in 2024 At the start of what promises to be a very busy year, we look ahead at what you’re likely to encounter. With 2023 in the rearview mirror, we look ahead at what travelers will face in 2024. At United Airlines, for example, smarter software can offer rebooking options and issue food and lodging vouchers when a flight is canceled, rather than just rebooking a flight. United Airlines has suspended its flights indefinitely, said Josh Freed, a United spokesman. This year, travelers are expected to choose faraway places and board small ships, according to Virtuoso, the consortium of luxury travel agencies.
Persons: Chanelle, Hayley Berg, ” Ms, Berg, , Robert W, Mann Jr, , Chad Burt, Oren Etzioni, Gilbert Ott, Hopper, Greg Forbes, Delta’s, Neville Pattinson, Mr, Pattinson, biometrics, Laura Lindsay, Joshua Smith, Smith, Laurel Brunvoll, Michael Zeiler, Airbnb, We’ve, Jamie Lane, , ’ ”, Jan Freitag, “ We’ve, David Whiteside, Brian Kelly, Guy, Leigh Rowan, “ There’s, Kelly, Rowan, ” Mr, James Thornton, Sharm el Sheikh, Khaled Ibrahim, Harry Rubenstein, Rubenstein, Eyal Carlin, Josh Freed, Jack Ezon, Tom Marchant, Beth McGroarty Organizations: World Tourism Organization, International Air Transport Association, Analysts, Express Global, , airfare, University of Washington, United Airlines, Transportation, Administration, Salt Lake, International Airport, Denver International Airport, Delta Air Lines, U.S . Customs, Border Protection, La Guardia Airport, Los Angeles International Airport, biometrics, Thales, Air, American Airlines, Global, , , MidX Studios, LivSmart Studios, Hilton, Hyatt Studios, Accor Hotels, Boston University, Visa, Mastercard, Walmart, Target, Savanti, Chase, Intrepid Travel, Amisol Travel, East Travel Alliance, United, Consumers, Ki’ama, Wellness, Global Wellness Institute Locations: United States, Point.me, Salt, North America, London, Rome, Tokyo, Cancún, Las Vegas, Cayman Islands, Polynesia, Europe, Norway, Denmark, Air Canada, Bergen, Flam, Scandinavia, Italy, France, Malta, Slovenia, Maryland, Spain, Portugal, Britain, Egypt, India, Mexico ; Cape Girardeau, Mo, Niagara Falls, N.Y . Texas, Burnet, Sulphur Springs, New York, Vienna, Marriott, Israel, Jordan, Oman, Oman —, Tunisia, Northern Africa, Sharm, Cairo, Amisol Travel Egypt, Jerusalem, Tel Aviv, Ramle, Kimberley, Western Australia, Mitre, Patagonia, Ki’ama Bahamas, Bahamas, South Africa, Hudson, Tuxedo Park, N.Y, Malibu , Calif, Mexico
They were helping seize Iranian weapons being sent to the Houthis in Yemen, CENTCOM said. The US Navy and its allies have made attempts to shut down this flow of weapons in the past. Advertisement"One of the main problems with the Red Sea in the Gulf of Aden is the type of states that surround them — Ethiopia, Somalia, Yemen, and Sudan," Inglis told BI. Inglis predicts there will now be other such operations, with the US Navy targeting more vessels smuggling weapons. AdvertisementBut, he said, "Iran will continue sending weapons to them in the same way that the Soviet Union did to Cuba in the 1960s."
Persons: CENTCOM, , Michael Erik Kurilla, Mark Cancian, Richard Kouyoumdjian Inglis, Inglis Organizations: Navy, Service, US Central Command, US Marine, Center for Strategic, International Studies, US Navy, Chilean Naval Reserve, Middle East Institute Locations: Somalia, Yemen, Iran, Gulf of Oman, Gulf, Aden, Ethiopia, Sudan, Israel, Soviet Union, Cuba
The US and UK launched strikes against Houthi targets in Yemen last week. They cut off key supply lines from Iran to Yemen, Western officials told Bloomberg. AdvertisementThe US and UK air strikes have cut off key supply lines from Iran to the Houthis in Yemen, Bloomberg reported, citing Western officials. The report referred to the US and the UK strikes on January 9 and January 11. The US and its allies have been engaged in yearslong efforts to stop Iran from supplying weapons to Houthi fighters in Yemen .
Persons: , Diamond, CENTCOM, Iran hasn't, Mark Cancian Organizations: US, Bloomberg, Service, Western, Business, US Central Command, US Navy, US Marine, Center for Strategic, International Studies Locations: Yemen, Iran, Gulf of Oman
However strange it sounds, that contradiction fits snugly in explanations of what climate change is doing to Earth, scientists said. But when the polar vortex weakens, the arms start flailing out, the skater slips and “all the cold air then gets released away from the center of the polar vortex," Cohen said. The current cold outbreak is consistent with Arctic change and the polar vortex, Cohen said. Cohen and others have done studies that show the polar vortex outbreaks have become more frequent in recent decades. But another polar vortex looks like it's coming at the end of the month, though not as strong as this one, they said.
Persons: turvy, , Jennifer Francis, Judah Cohen, Cohen, Steve Vavrus, It's, Francis, Marshall Shepherd, , Victor Gensini, Gensini, ___ Read, Seth Borenstein Organizations: North Dakota, NFL, Amplification, Atmospheric Environmental Research, University of Wisconsin, University of Georgia, Northern Illinois University, Associated Press Locations: United States, Asia, Africa, East, South America, North, Miami, Kansas City, Melbourne, Aruba, Curacao, Argentina, Oman, Iran, Texas, Boston, Madison, Chicago, Denver, Lincoln, Omaha , Oklahoma City, Dallas, Houston, AP.org
Qatar Pauses Red Sea Tankers After Western Strikes on Houthis
  + stars: | 2024-01-15 | by ( Jan. | At A.M. | ) www.usnews.com   time to read: +3 min
In the latest shift by a major firm, state-owned QatarEnergy has held at least four LNG tankers back from the Red Sea, a senior source said, adding that production continues. On Monday, carmaker Suzuki said production would halt at its Esztergom plant in Hungary from Jan. 15-21 as the Red Sea attacks had delayed the arrival of Japanese-made engines. U.S. ally Britain said it had no desire to be involved in a Red Sea conflict but was committed to protecting the right of free navigation. The Al Rekayyat, which was sailing back to Qatar, stopped along its route on Jan. 13 in the Red Sea. "It is a pause to get security advice, if passing (through the) Red Sea remains unsafe we will go via the Cape," the source told Reuters on Monday about QatarEnergy.
Persons: Andrew Mills, Maha, Maha El Dahan, QatarEnergy, carmaker Suzuki, Britain, Grant Shapps, Qatar's Al Ghariya, Al Huwaila, Al, Ras Laffan, Al Rekayyat, Maha El, Emily Chow, Sachin Ravikumar, Chandni Shah, Andrew Cawthorne, Catherine Evans Organizations: Houthi, Reuters, Qatari Locations: Maha El, Maha El Dahan DOHA, WASHINGTON, Yemen, Gaza, Saudi, Israel, The U.S, U.S, Esztergom, Hungary, Ras, Suez, Oman, Jan, Qatar, Red, Europe, Asia, Aden, Djibouti, Davos, Singapore, Doha, London, Bengaluru
The Israel-Hamas war is affecting travel across the Middle East and beyond. Canceling plans a continent awayYet, the war's effect on travelers extends far beyond the Middle East, according to a survey from Morning Consult. Respondents said these plans included visits to the Middle East (12%) and North Africa (7%), as well as Western Europe (14%), according to the survey. Cancelations were high for domestic trips because most Americans travel within the 50 states, thus "there are simply more trips on the table to disrupt," the report stated. Some 52% of respondents with knowledge of the war said they viewed traveling to the Middle East as "very unsafe," compared to 29% of those who had not heard about it.
Persons: Saudi Arabia —, , Olivier Ponti, Cancelations, Ponti Organizations: Middle East, United, United Arab Emirates, U.S . State Department, U.S, Department of State, Travel, Consular Affairs Locations: Israel, Saudi Arabia, United Arab, Morocco, Turkey, Egypt, Jordan, North Africa, Western Europe, United States, Cyprus, Lebanon, Kuwait, Malaysia, Colombia, Oman, South Africa, United Kingdom, Poland, Denmark
JERUSALEM (AP) — Houthi rebels fired a missile, striking a U.S.-owned ship Monday just off the coast of Yemen in the Gulf of Aden, less than a day after they launched an anti-ship cruise missile toward an American destroyer in the Red Sea. The attack on the Gibraltar Eagle, later claimed by the Houthis, further escalates tensions gripping the Red Sea after American-led strikes on the rebels. Since November, the rebels have repeatedly targeted ships in the Red Sea, saying they were avenging Israel’s offensive in Gaza against Hamas. “The most dangerous thing is what the Americans did in the Red Sea, (it) will harm the security of all maritime navigation,” Nasrallah said. However, U.S. sailors have received combat ribbons for their actions in the Red Sea — something handed out only to those who face active hostilities with an enemy force.
Persons: — Houthi, Yahya Saree, , , Aden “, Arleigh Burke, Joe Biden, Hassan Nasrallah, ” Nasrallah, Biden, It's, Samy Magdy, Lolita C, Bassem, Danica Kirka Organizations: JERUSALEM, Eagle, Hamas, United Kingdom Maritime Trade Operations, Dryad Global, Associated Press, military's Central Command, Command, Eagle Bulk Shipping, New York Stock Exchange, AP, Eagle Bulk, Central Command, U.S . Maritime Administration, Transportation Department Locations: U.S, Yemen, Gulf, Aden, American, Red, Gaza, Suez, Europe, Eagle Gibraltar, Marshall, Stamford , Connecticut, , America, Sea, Hodeida, Iranian, Israel, East, Qatar, Oman, Saudi Arabia, Iran, Saudi, Cairo, Washington, Bassem Mroue, Beirut, London
New York CNN —US-led airstrikes on Houthi targets in Yemen rattled energy markets on Friday, sending oil prices sharply higher. Oil prices rose sharply after US-led strikes on multiple Houthi targets in Yemen in response to repeated attacks on commercial shipping in the Red Sea. Another concern is that oil facilities in Saudi Arabia could get hit by a retaliatory strike from the Houthis. In 2019, roughly 5% of world oil supply was briefly knocked offline in a large-scale drone attack on Saudi oil facilities. Despite Friday’s gains, oil prices remain lower than where they were before the October 7 attacks by Hamas against Israel due to concerns about oversupply.
Persons: Brent, , , Robert Yawger, ” Yawger, John Kirby, CNN’s Becky Anderson, ” Kirby, ” Matt Smith, ” Helima Croft, Croft, ” Croft Organizations: New, New York CNN, Mizuho Securities, White House National Security Council, RBC Capital Markets, CIA Locations: New York, Yemen, East, Red, Iran, Saudi Arabia, Saudi, Gulf of Oman, Hormuz
Oil prices rise more than 2% after US, Britain strikes in Yemen
  + stars: | 2024-01-12 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices rose more than 2% on Friday as the United States and Britain carried out strikes against Houthi military targets in Yemen in retaliation for attacks by the Iran-backed group on shipping in the Red Sea starting from late last year. The Houthi attacks in the Red Sea have disrupted international commerce on the key route between Europe and Asia, which accounts for about 15% of the world's shipping traffic. Since October, Houthis have attacked commercial vessels in the Red Sea to show support for Palestinian militant group Hamas in its fight against Israel. Shipping giant Maersk said on Thursday it will divert all vessels away from the Red Sea for the foreseeable future, warning customers of further disruptions. The Houthi attacks have been concentrated on the Bab al-Mandab Strait to the southwest of the Arabian Peninsula.
Persons: Joe Biden, Houthis Organizations: Brent, U.S, West Texas, Palestinian, Hamas, Israel . Shipping Locations: Midland , Texas, U.S, United States, Britain, Yemen, Iran, Red, Israel, Australia, Bahrain, Canada, Netherlands, Europe, Asia, Turkey, Mandab, Hormuz, Oman
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