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Search resuls for: "MSC Orion"


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Read previewHouthi militants showed in late April that they can expand their war on international shipping far beyond the Red Sea. AdvertisementHe noted that the Shehab's reported range of 990 miles puts it "well within range" of international shipping. The British-registered cargo ship 'Rubymar' sank in March after it was targeted by Yemen's Houthi forces in the Red Sea. "Once they enter the Red Sea, though, ships can be tracked by spotters ashore or on boats or using mobile Houthi radars ashore. "Nevertheless, with the rate of Houthi advances, and increases in speed, control, and maneuverability in-transit, international shipping could soon prove vulnerable."
Persons: , Good Hope, Bryan Clark, James Patton Rogers, Rogers, Samad, Yemen's, Mohammed Hamoud, Clark Organizations: Service, MSC Orion, Business, Hudson Institute, Cornell Tech Policy Institute, US, EU, AIS, Orion, Ships Locations: of Africa, Africa's, Good, Red, Ukraine, Israel
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 .
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