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☆ A US Navy fighter squadron scored a series of firsts fighting the Houthis from an aircraft carrier in the Red Sea
▼ + stars: | 2024-07-26 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewA US Navy fighter squadron that was recently attached to the aircraft carrier USS Dwight D. Eisenhower scored several historic firsts while flying combat missions against the Houthis. During its deployment, the fighter squadron — nicknamed the "Gunslingers" — racked up a number of firsts, the Navy revealed this month. AdvertisementSailors observe as an F/A-18E Super Hornet lands on the flight deck of the Eisenhower in the Red Sea on March 12. Related storiesThis fighter squadron was also the first to fire AGM-88 HARM missiles from an F/A-18E in combat. AdvertisementAn F/A-18E Super Hornet launches from the flight deck of the Eisenhower in the Red Sea on April 9.

Persons: —, Dwight D, Eisenhower, Ike, Truman, Travis Amerine Organizations: Service, US Navy, Strike Fighter Squadron, Business, Hornet, Navy, US, VFA, AIM, 9X, EA, Eisenhower Carrier Strike Locations: Gulf, Aden, Iran, Yemen, Virginia

☆ Bilahari Kausikan discusses Yemen strikes, China-Taiwan ties, Israel
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump would be much more focused on China than on Russia if elected: Ex-Singapore diplomatBilahari Kausikan, chairman at the National University of Singapore's Middle East Institute, discusses Israeli Prime Minister Benjamin Netanyahu's U.S. visit and the outlook for Middle East conflicts and China-Taiwan relations in the event of a Trump presidency.

Persons: Bilahari Kausikan, Benjamin Netanyahu's Organizations: Trump, Ex, National University of Singapore's Middle East Institute, Israeli Locations: China, Russia, Singapore, Taiwan

☆ Oil prices drop to lowest levels in more than a month
▼ + stars: | 2024-07-23 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Crude oil futures on Tuesday dropped to the lowest level in more than a month, as the market has largely ignored recent tit-for-tat strikes between Israel and Houthi militants in Yemen. Israel responded with airstrikes against Houthi targets near the Al Hudaydah Port in Yemen over the weekend, hitting oil facilities. "Oil is starting to feel as if it is heading for the doldrums," John Evans, analyst at oil broker PVM, told clients in a note. Wildfires in Alberta, however, poses a potential risk to crude supplies in Canada though production has remained solid so far, according to Goldman. The worst of the wildfire season likely lies ahead, with a third of the wildfires in Alberta burning out of control, threatening 400,000 barrels per day in production, according to the investment bank.

Persons: Goldman Sachs, John Evans, Goldman Organizations: UBS Locations: Stanton , Texas, Israel, Yemen, Tel Aviv, Al Hudaydah Port, Alberta, Canada

☆ A US Navy carrier strike group fired nearly 800 missiles and bombs during its Red Sea fight against the Houthis
▼ + stars: | 2024-07-22 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewUS Navy warships and aircraft attached to a carrier strike group that spent months battling the Houthis fired off nearly 800 munitions during their restless Middle East deployment. The Eisenhower strike group recently returned from its deployment, but another carrier, the Truman, and additional warships are replacing it. US Navy photo by Mass Communication Specialist 1st Class Jonathan WordThe warships launched 155 Standard surface-to-air missiles, used to intercept missiles or drones, and 135 Tomahawk missiles, used to hit targets on land, during the deployment. REUTERS/Hamad I MohammedHowever, by mid-April, the Navy revealed that the strike group had already launched some $1 billion worth of missiles. The strike group returned to the US earlier this month, following what Navy officers and leaders described as an "unprecedented" and "historic" nine-month-long deployment.

Persons: —, Dwight D, Eisenhower, Truman, Jonathan Word, Ike, Hamad, Mohammed, Adm, George Wikoff Organizations: Service, Navy, Eisenhower Carrier Strike Group, Business, Eisenhower, Hornet, EA, REUTERS, 5th Fleet Locations: Iran, Gulf, Aden, Red, Yemen

☆ US Navy aviator scores first air-to-air victory by American female fighter pilot
▼ + stars: | 2024-07-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +3 min

CNN —A US Navy fighter pilot has become the first American woman to score a victory in air-to-air combat, the service has revealed. The first air-to-air victory by a female pilot comes 30 years after Lt. Kara Hultgreen became the first carrier-based female fighter pilot in the Navy, flying the F-14 Tomcat off the USS Abraham Lincoln that year. US Navy fighter pilot Kara Hultgreen poses with a Grumman F-14 Tomcat, in an undated photo. AP/FileThe Eisenhower-led carrier strike group returned to US bases on July 14 after a nine-month deployment, an exceptionally lengthy deployment for a carrier. “We proved over and over again that the flexibility a carrier strike group brings to the fight is unmatched,” Hoch said.

Persons: Dwight D Eisenhower, Eisenhower, Kara Hultgreen, Abraham Lincoln, Cmdr, Jason Hoch, “, ” Hoch, Israel Organizations: CNN, US Navy, Hornet, Fighter Squadron, Hamas, Carrier Strike, Prosperity Guardian, ISIS, Navy, Eisenhower, Grumman, VFA, Red, Houthi Locations: Yemen, Gaza, Iran, Israel, United Kingdom, United States, Tel Aviv

☆ Israel Intercepts Missile Fired From Yemen as Conflict With Houthis Continues
▼ + stars: | 2024-07-21 | by ( Gabsobelman | Matthew Mpoke Bigg | ) www.nytimes.com time to read: +1 min

Israel’s military said on Sunday that it had intercepted a missile fired from Yemen, suggesting that the Yemen-based Houthi militia would keep trying to strike Israel, despite the bombing by Israeli fighter jets of a port in Yemen on Saturday. The Houthis, which are backed by Iran, said in a post on the Telegram messaging app that they had launched the missile at Eilat, Israel’s southernmost city on the coast of the Red Sea, “in response to the American, British and Israeli aggression against our country.”The conflict between Israel and the Houthis is escalating at a time when the government of Prime Minister Benjamin Netanyahu is also fighting Hamas in Gaza and trading aerial attacks with Hezbollah, a militia also backed by Iran, across its northern border with Lebanon. Israeli air defenses intercepted a missile that “approached Israeli territory from Yemen” following an air raid siren in the Eilat area, according to a statement by the Israel Defense Forces. The area is a popular beach resort, and mid-July is high season for Israeli vacationers.

Persons: Benjamin Netanyahu, “ Organizations: Israel Defense Forces Locations: Yemen, Israel, Iran, Eilat, Israel’s, Gaza, Lebanon

☆ Israeli jets strike Houthi targets in Yemen after Tel Aviv attack
▼ + stars: | 2024-07-21 | by ( ) www.cnbc.com time to read: +2 min

A giant fire erupts at an oil storage facility following Israeli strikes in Yemen's Houthi-held port city of Hodeida on July 20, 2024. Israeli warplanes struck the Houthi-controlled Yemeni port of Hodeida on July 20, a day after a drone attack by the Houthi rebels killed a civilian in Tel Aviv, both sides said. Israeli fighter jets struck Houthi military targets near Yemen's Hodeidah port on Saturday, killing at least three people and wounding 87, a day after a drone launched by the Iranian-backed group hit Israeli economic hub Tel Aviv. Houthi military spokesperson Yahya Saree said the Houthis "will not hesitate to strike vital targets of the Israeli enemy." On Friday, a long-range Iranian-made drone launched from Yemen hit the center of Tel Aviv in an attack claimed by the Houthis, killing one man and wounding four others.

Persons: Yemen's, Israel, Yahya Saree, Yoav Gallant Organizations: Reuters, Political, Hamas, Israeli Locations: Yemen's, Hodeida, Tel Aviv, Israeli, Iranian, Iran, Israel, Yemen, Gaza, Hodeidah

☆ Israeli Strike on Yemeni Port Will Harm Civilians, Not Houthis, Experts Say
▼ + stars: | 2024-07-21 | by ( Vivian Nereim | Shuaib Almosawa | ) www.nytimes.com time to read: +1 min

The Israeli bombing of a vital Yemeni port controlled by the Houthi militia is not expected to deter the group from further attacks but is likely to deepen human suffering in Yemen, regional experts said. Israeli officials said the barrage of airstrikes that hit the Red Sea port city of Hudaydah on Saturday was a counterattack after the Houthis launched a drone that struck Tel Aviv on Friday, killing one Israeli and wounding several others. Photos and videos from Hudaydah showed an enormous fire at the city’s port that sent black smoke billowing into the sky. The port is the main conduit by which food imports, fuel and aid enter the impoverished northern Yemen. Rear Adm. Daniel Hagari, Israel’s military spokesman, said that Israel carried out the bombardment “in order to stop the Houthi’s terror attacks” and that it had hit “dual-use" targets including energy infrastructure.

Persons: Hudaydah, Daniel Hagari, Israel Locations: Yemen, Hudaydah, Tel Aviv, Sana

☆ Israel strikes Yemen for the first time following deadly Houthi drone attack. Here’s what we know
▼ + stars: | 2024-07-21 | by ( Sophie Tanno | ) edition.cnn.com time to read: +8 min

CNN —For the first time, Israel has struck inside Yemen, following a deadly drone attack launched by Houthi rebels on Tel Aviv. Soon after the Israeli attack, the Houthis said they launched a fresh barrage of missiles towards Israel, promising a response that will be “huge and great.”Here’s what we know. The US and UK have responded to those attacks by carrying out strikes on Houthi targets in Yemen. A tipping point for Israel appears to have come on Friday, when a drone attack was launched on Tel Aviv, killing one Israeli citizen and injuring several others. Oded Balilty/APThe attack marked the first time Tel Aviv, Israel’s commercial center, has been struck by a drone in an attack claimed by the Houthis.

Persons: ”, Allah, Hussein, Mohammed Hamoud, Israel, Yahya Sare’e, ” Sare’e, Houthi, Oded, Daniel Hagari, Samad, Masirah, Mohammed Abdulsalam, Yehya Saree, Osamah, Benjamin Netanyahu, Netanyahu, ” Netanyahu, “ It’s, ” Charles Lister, Yoav Gallant, Yoel Organizations: CNN, Houthi, Red, US, US Central Command, Tel, Israel Defense Forces, Israel, Israel’s, Middle East Institute, Israel’s Defense, Hezbollah, AP, for National Security Studies, National Security Council Locations: Israel, Yemen, Tel Aviv, Red, Gaza, Iranian, Iran, Islam, Saudi Arabia, Sana'a, Israel’s, Hodeidah, Yemen’s, Lebanon, Lebanese

Israeli fighter jets bombed sites in Yemen affiliated with the Iran-backed Houthi militia on Saturday in retaliation for a deadly drone attack in Tel Aviv a day earlier, the Israeli military said. The Israeli airstrikes targeted gas and oil depots and a power station in the area of Yemen’s Red Sea port of Hodeidah, two regional officials said. The port is controlled by the Houthis and contains oil export facilities, but also serves as a vital conduit for civilian goods and humanitarian aid to impoverished Yemen. An Israeli military statement said that fighter jets struck targets near the port “in response to the hundreds of attacks” by the Houthis in recent months. The military said it was not tightening its emergency civil defense regulations after the attack, indicating Israeli officials might not expect a more serious escalation.

Persons: Israel, Nasruddin Amer, ”, “ Locations: Yemen, Iran, Tel Aviv, Hodeidah, Israeli, Gaza

☆ Israeli airstrikes target Yemen’s Houthis day after deadly drone attack in Tel Aviv
▼ + stars: | 2024-07-20 | by ( Thom Poole | Sophie Tanno | ) edition.cnn.com time to read: +2 min

CNN —Israeli airstrikes targeted Houthi rebels in Yemen a day after the Iran-backed group claimed a deadly attack on the Israeli city of Tel Aviv. The statement came soon after the Houthi-run Al Masirah TV reported airstrikes targeting oil facilities in the western port of Hodeidah, adding that there had been deaths and injuries. According to Houthi spokesperson Mohammed Abdulsalam, the Israeli strikes hit oil tanks and a power station. The strikes on Hodeidah came a day after drone attack in Tel Aviv killed one man and injured at least 10 others. In May, at least 16 people were killed and a further 35 wounded by US-UK airstrikes in Hodeidah targeting Houthi rebels.

Persons: Al Hudaydah, Masirah, Mohammed Abdulsalam, Abdulsalam, Hodeidah Organizations: CNN, Israel Defence Forces, ”, US, Houthi Locations: Yemen, Iran, Tel Aviv, Port, Israel, Hodeidah, Gaza

☆ Houthi Drone Strike Highlights Dilemmas for Israel
▼ + stars: | 2024-07-20 | by ( Patrick Kingsley | ) www.nytimes.com time to read: +1 min

Israel faces a strategic dilemma over how best to retaliate for the drone attack on Tel Aviv claimed by Yemen’s Houthi militia, which is based thousands of miles from Israel’s southern borders. The attack, which struck an apartment building early on Friday near the United States diplomatic compound, killing one person and wounded several others, has heightened concerns in Israel about the threat of Iran. Tehran funds and encourages militias opposed to Israel throughout the region, including Hamas in Gaza and Hezbollah in Lebanon, in addition to the Houthis in Yemen. According to military experts, those factors make it harder for drones to be tracked by radar and intercepted by surface-to-air missiles. Yoav Gallant, the Israeli defense minister, has vowed revenge for the attack, but analysts said this weekend that Israel had few obvious options against a militia that shares no common border with Israel and has appeared undeterred by earlier displays of force by Western powers.

Persons: Yemen’s, Yoav Gallant Organizations: United Locations: Israel, Tel Aviv, United States, Iran, Tehran, Gaza, Hezbollah, Lebanon, Yemen

☆ Watch: Video shows where Israel struck Houthi military targets inside Yemen
▼ + stars: | 2024-07-20 | by ( Alex Marquardt | ) edition.cnn.com time to read: 1 min

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☆ Super Hornet pilot who battled the Houthis became 1st US female aviator to score an air-to-air kill, Navy says
▼ + stars: | 2024-07-20 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Read previewAn F/A-18F Super Hornet pilot from Strike Fighter Squadron (VFA) 32 made history by becoming the first US female pilot to score an air-to-air kill, according to a Navy press release. The pilot was not named, and further details on the weapon used to take down the target were not provided. Manufacturer Boeing calls the Super Hornet "the backbone" of the Navy carrier air wing. Related storiesThe female pilot's kill wasn't the only historic air-to-air shot during the Red Sea battle. An E/A-18G Growler squadron that was also stationed aboard the USS Dwight D. Eisenhower became "the first Growler squadron in Navy history to score an air-to-air kill," per another Navy press release.

Persons: —, Dwight D, Eisenhower, Cmdr, Carl Ellsworth Organizations: Service, Strike Fighter Squadron, Navy, Eisenhower, Business, AIM, Prosperity Guardian, Hornet, Boeing Locations: Gaza, The Virginia, Houthi, Yemen

☆ Russia may arm Houthi rebels with advanced anti-ship missiles, report says
▼ + stars: | 2024-07-20 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Russia is debating arming Yemen's Houthi rebels with anti-ship missiles, US intelligence has said. It likely comes in response to Biden approving Ukraine's use of US weapons on Russian soil. AdvertisementRussia is weighing arming Yemen's Houthi rebels with advanced anti-ship missiles, US intelligence agencies have warned, according to The Wall Street Journal. The move is likely in response to Biden quietly green-lighting Ukraine's use of US-supplied weapons on Russian territory, per the report. Last month, Middle East Eye reported that Saudi Arabia had already talked Russia out of providing anti-ship cruise missiles to the Houthis.

Persons: Yemen's, Biden, — Organizations: Service, Wall Street, Eye, Business Locations: Russia, Saudi Arabia, Moscow

☆ The US Navy's Red Sea fight is more intense than even the Tanker War in the 1980s, destroyer captain says
▼ + stars: | 2024-07-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

One rare exception to this was the Tanker War that was a part of the larger Iran-Iraq War in the 1980s. "And that's why I compare that more so to World War II than, I'd say, even outpacing what was seen during the Tanker War." Specifically from the perspective of the almost non-stop air-defense engagements, the Red Sea fight has definitely been more intense than anything the US Navy has seen since World War II, including the Tanker War, he said. AdvertisementThe Second World War was much more intense given the fleets that were facing off. "Certainly, it's the most intense air-defense challenge we've encountered in a long time," Macy said of the Red Sea fight.

Persons: —, Houthi, Mason, Dwight D, Cmdr, Justin Smith, Samantha Alaman, Carney, Smith, Eisenhower, Archer Macy, Mark Duncan, Macy, we've Organizations: Service, US Navy, Business, Eisenhower Carrier Strike Group, Navy, Tanker, AP, Center for Strategic, Studies ' Missile Defense, US Locations: Gulf of Aden, Korea, Vietnam, Iran, Iraq, Gulf, Aden, Persian Gulf, Tehran, Iraqi, Red, Persian, Salle, La Salle, Okinawa, Yemen

☆ Destroyer captain says the US Navy's Red Sea fight is more intense than even the Tanker War in the 1980s
▼ + stars: | 2024-07-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

The Iran-backed Houthi militia claimed responsibility for a drone attack in central Tel Aviv that crashed into a building near the U.S. consulate early Friday, killing at least one person. No alarms were activated in the attack, the Israeli military said earlier in a statement. The Israeli military official said it was possible that the country’s defense systems had registered the drone but misidentified it. Ron Huldai, the mayor of Tel Aviv, said the city was on heightened alert. The man was found in his apartment and had shrapnel injuries, the Tel Aviv police said in a statement.

Persons: Yahya Sarea, Ron Huldai, ”, Zaki Heller, Roee Klein, Witnesses, Matthew Mpoke Bigg, Aaron Boxerman, Ronen Bergman Organizations: Tel, Hamas, Tel Aviv police Locations: Iran, Tel Aviv, U.S, Yemen, Israel, Red, Lebanon, Gaza

☆ The Houthis struck deep into Israel with an Iranian-made attack drone likely upgraded for longer-range strikes, IDF says
▼ + stars: | 2024-07-19 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The Houthis claimed responsibility for the rare attack on Tel Aviv early Friday morning local time, which marked their first lethal attack in Israel. Rear Adm. Daniel Hagari, an IDF spokesperson, said an initial assessment suggests the system used in the attack was an Iranian-made Samad-3 one-way attack drone with an extended range. AdvertisementVery clear footage of a kamikaze UAV fired by Yemen’s Houthis targeting Tel Aviv overnight, near the United States Embassy Office. He added that the IDF is investigating this latest incident to determine why the Samad-3 was not identified as a threat and shot down before it reached Tel Aviv. Investigators examine what, according to a police spokesperson, seems to be part of an aerial device, at the site of an explosion in Tel Aviv on July 19, 2024.

Persons: —, Daniel Hagari, Samad, Yemen’s, nvMTna32YJ, Hagari, Fabian Hinz, Ricardo Moraes Israel, Israel Organizations: Service, Business, Embassy, United States Embassy Office, US Defense Intelligence Agency, REUTERS, International Institute for Strategic Studies, US Navy, US Locations: Israel, Tel Aviv, Iran, Iranian, Yemen, State, Gaza, Gulf of Aden, Lebanon, Hamas

In a rare breach of Israel’s multilayered air-defense system, a drone fired by the Houthi militia in Yemen slammed into an apartment building near the United States Embassy branch office in Tel Aviv early Friday, killing at least one person and wounding eight others. Pentagon officials expressed doubt that the drone had specifically targeted the U.S. building, an attack that analysts assessed had possibly been an attempt by the Houthis to strike anywhere they could in Tel Aviv. The Houthis, an Iranian-backed militia that has been attacking ships in the Red Sea, claimed responsibility for the strike on the city of 450,000 people. No air-raid sirens warned residents before the drone crashed into the building, causing an explosion that jolted people from their sleep, shattered windows and left shrapnel scattered on the streets. “We are investigating why we did not identify it, attack it and intercept it,” Admiral Hagari said on Friday.

Persons: Daniel Hagari, Admiral Hagari Organizations: United States Embassy, Pentagon Locations: Yemen, Tel Aviv, Iranian, Red

The Iran-backed Houthi militia claimed responsibility for a rare drone attack in central Tel Aviv that crashed into a building near the United States Embassy branch office early Friday, killing at least one person and wounding eight others. Rear Adm. Daniel Hagari, the Israeli military spokesman, told reporters that Israel’s defense systems had apparently picked up the drone but failed to register it as a threat. The Israeli military said the drone had likely flown from Yemen, where the Houthis are based, before approaching Tel Aviv from the coast. Video posted on X and verified by The New York Times shows what appears to be a unmanned aerial vehicle approaching west of Tel Aviv, followed by a blast at the location of the strike. The two sides offered differing accounts of the type of drone used in the attack.

Persons: Daniel Hagari, Admiral Hagari, Nasruddin Amer Organizations: United States Embassy, The New York Times Locations: Iran, Tel Aviv, Yemen

CNN —Yemen’s Houthi rebels on Friday claimed responsibility for a deadly drone blast in Tel Aviv, the Iranian proxy group’s latest attack in what it says is a response to Israel’s war against Hamas in Gaza. The drone that caused the explosion was detected by an Israeli aerial defense system, but not intercepted due to “human error,” an Israeli military official said. The Israeli military is investigating the attack and does not believe further threats are imminent, the official said. An investigator inspects a damaged window of a building at the site of an explosion in Tel Aviv on July 19, 2024. The drone attack in Tel Aviv Friday comes after the Houthis claimed earlier this month that they had targeted ships in the Israeli port of Haifa with a number of drones in joint military operations with Iran-backed militias based in Iraq.

Persons: Yemen’s, Houthi, Yahya Sare’e, ”, ” Sare’e, Ricardo Moraes, Israel’s Magen David Adom, “, Roi Klein, ’ Organizations: CNN, Embassy, Israel Defense Forces, Reuters, US Embassy, US State Department, MDA, Police, IDF Locations: Tel Aviv, Gaza, Jerusalem, Shalom, Tel, Aviv, Red, Israel, Haifa, Iran, Iraq

☆ Fact-checking night 3 of the Republican National Convention
▼ + stars: | 2024-07-17 | by ( Cnn Staff | ) edition.cnn.com time to read: +7 min

CNN —Night three of the Republican National Convention has kicked off in Milwaukee. From CNN’s Haley BritzkyRep. Ronny Jackson’s false claim of ‘record-high inflation’Rep. Ronny Jackson of Texas claimed in his Republican National Convention speech on Wednesday that there has been “record-high inflation” under the Biden administration. From CNN’s Haley BritzkyRNC video falsely claims there was peace in the Middle East under TrumpA video played early in the Republican National Convention proceedings on Wednesday night claimed that the “strength” of President Donald Trump kept “the Middle East at peace.” Republican National Committee Chairman Michael Whatley had similarly claimed in his convention speech on Monday that the Middle East was “at peace” four years ago under Trump. Dana El Kurd, senior nonresident fellow at the Arab Center Washington DC think tank, also called that claim “false” when Trump made it. She said in a November email: “The Abraham Accords did not achieve peace in the Middle East.

Persons: Newt Gingrich, Trump, Biden, –, Jennifer Hansler, Richard Grenell, Joe Biden “, ”, Joe Biden, ” Grenell, Donald Trump’s, “, CNN’s Haley Britzky, Ronny Jackson’s, Ronny Jackson, Jackson, Biden –, Daniel Dale, Michael Whatley, “ They’ve, Charlie Dietz, Donald Trump, Abraham, Aaron David Miller, ” Miller, Dana El Kurd, Joe Biden’s Organizations: CNN, Republican National Convention, Trump Former Republican, Defense, Trump intel, National Intelligence, ISIS, United, Taliban, Afghanistan Reconstruction, Russian, Russian Navy, Pentagon, State Department, NATO, Trump, Republican, ” Republican National, Abraham Accords, United Arab Emirates, West Bank, Hezbollah, Carnegie Endowment, International, Arab Center Washington DC, The Defense News, Heritage Foundation Locations: Milwaukee, Afghanistan, United States, ”, Doha, Texas, Cuba, Russia, Ukraine, Havana , Cuba, Russian, Kazan, Havana, Bahrain, Israel, Morocco, Sudan, Yemen, Syria, Gaza, Lebanon, Iran, Iraq, Palestine, China, “, America

☆ WTI gains more than 2% on big U.S. storage withdrawal, weaker dollar
▼ + stars: | 2024-07-17 | by ( ) www.cnbc.com time to read: +2 min

West Texas oil prices climbed about 2.4% on Wednesday on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs of slower economic growth in China. On Tuesday, Brent closed at its lowest since June 14 and WTI at its lowest since June 21. A weaker U.S. dollar also helped support oil prices after it fell to a 17-week low against a basket of other major currencies. A weaker dollar can boost demand for oil by making greenback-denominated commodities like oil cheaper for holders of other currencies. Also supporting crude prices was rising geopolitical risk, said George Khoury, global head of education and research at CFI, adding that tensions in the Middle East and Europe could continue to fuel risks.

Persons: Brent, WTI, George Khoury, Rystad, Svetlana Tretyakova Organizations: Huntington Beach , California ., U.S, West Texas, Energy Information Administration, American Petroleum Institute, CFI Locations: Huntington Beach , California, Huntington Beach , California . West Texas, China, Brent, United States, East, Europe, Liberia, Red Sea, Iran, Yemen, Beijing

☆ A US Navy captain was in disbelief when his destroyer came under fire from missiles never before seen in combat while dealing with pirates
▼ + stars: | 2024-07-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Read previewUS Navy warships that spent months battling the Houthis have faced unprecedented threats during their restless deployments, chief among them being anti-ship ballistic missiles, a deadly weapon that had never been used in combat until recently. The missiles came in as it was responding to a hijacking attempt by pirates, marking the first operational use of such weapons. It was right after this that the Mason first detected inbound anti-ship ballistic missiles. AdvertisementSince their campaign began last fall, the Houthis have launched dozens of anti-ship ballistic missiles from Yemen. Multiple Navy officers with the strike group have applauded their warships' ability to engage the anti-ship ballistic missiles.

Persons: —, Arleigh Burke, Mason, Cmdr, Justin Smith, Bill Mesta, Smith, Jason Dunham, Dwight D, Eisenhower Organizations: Service, Navy, Business, Pirates, ASBMs, US Navy, Central, Eisenhower Carrier Strike, Hamas Locations: Aden, Handout, Gulf of Aden, Yemen, Iran, Israel, Gaza, China

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