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When Iran launched a barrage of airstrikes this week into Iraq, Syria and Pakistan, it was not just showing off the reach and sophistication of some of its newest missiles but also staking a claim: This is a new era in which Iran can flex its muscles at will and, as an added benefit, bolster its credentials as an important arms supplier. In at least one of the attacks — a strike that Tehran claimed targeted the Islamic State terrorist group in Idlib, Syria — Iran appeared to make use of one of its longest-range and most advanced missiles, the Kheibar Shekan. Both the range and the apparent accuracy seized the attention of national security officials in Europe and Israel, as well as outside experts who track Iran’s technological advances. The combination of its newest missiles and its fleet of drones, which Russia has been purchasing by the thousands for use in Ukraine, has helped Iran become the producer of some of the most sophisticated weaponry in the Middle East. And Tehran’s willingness to intervene — as a supplier to its proxy forces in the region and to Moscow — may well complicate American calculations as the Pentagon considers the question looming over the widening Middle East conflict: Could it lead to a direct conflict with Iran?
Persons: Organizations: Islamic State, Pentagon Locations: Iran, Iraq, Syria, Pakistan, Tehran, Idlib, Europe, Israel, Russia, Ukraine, Moscow
SEOUL (Reuters) - The nuclear envoys of South Korea, the United States, and Japan condemned North Korea for its recent missile tests, arms trade with Russia and increasingly hostile rhetoric at a meeting in Seoul on Thursday. "The United States is also deeply concerned by the recent uptick in hostile rhetoric particularly toward the Republic of Korea from the DPRK (North Korean) regime," Pak said. The three countries have increased joint efforts to deter North Korea in recent years including trilateral meetings and launching a missile warning data sharing system in December. South Korea on Wednesday announced sanctions on two individuals, three entities and 11 ships linked to North Korea's nuclear and missile programmes, days after North Korea fired a new intermediate-range, solid-fuel hypersonic missile. Japan's envoy, Hiroyuki Namazu, condemning Pyongyang's ballistic missile launch and said there must be close monitoring of what Russia might be providing to North Korea in return for armaments.
Persons: Jung Pak, Pak, Kim Jong, Kim Gunn, Hiroyuki Namazu, Hyunsu Yim, Kevin Liffey Organizations: Ukraine, North, DPRK, Wednesday, Korean, Peace, Security Affairs, South Locations: SEOUL, South Korea, United States, Japan, North Korea, Russia, Seoul, North Koreans, U.S, Republic of Korea, Korea, Pyongyang
Islamabad, Pakistan CNN —Pakistan has carried out a series of military strikes on what it said were separatist militant hideouts inside Iran, its foreign ministry said Thursday, in the latest incident across their shared border that has sent tensions between the two neighbors soaring. “At 4:30 a.m. explosions were heard in a border village, several missiles were fired at the village,” Marhamati said. This morning’s action was taken in light of credible intelligence of impending large scale terrorist activities,” Pakistan’s foreign ministry said. But the deadly attack inside Pakistani territory seriously damaged relations between the two countries, Pakistani Foreign Minister Jalil Abbas Jilani told his Iranian counterpart. And Iranian-backed forces in Iraq and Syria have launched dozens of attacks aimed at US military positions in those countries.
Persons: Alireza Marhamati, ” Marhamati, IRNA, , Iran ”, Hossein Amir, Abdollahian, Jalil Abbas Jilani, Jilani, Qasem Soleimani, Houthi, Amir Organizations: Pakistan CNN —, , Pakistan Pakistan’s, Pakistan’s Foreign Ministry, Iranian, Pakistani, Adl, Justice, Islamic Revolutionary Guard Corps, Iran’s Revolutionary Guards, Iranian Revolutionary Guard, Quds Force, ISIS, CNN, Economic, Davos Wednesday Locations: Islamabad, Pakistan, Pakistan CNN — Pakistan, Iran, Iran’s, Sistan, Baluchistan, Saravan, restive Baloch, Gaza . Pakistan, , Islamic Republic of Iran, Pakistan’s, Balochistan, Iranian, “ Pakistan, Afghanistan, Tehran, Jaish, Erbil, Iraq, Syria, Kerman, Red, Israel, Gaza, Lebanon, Davos
The Houthi movement said its missiles had made a "direct hit" on the bulk carrier. U.S. officials said the move was aimed at cutting off funding and weapons the movement has used to attack or hijack ships. On Monday, Houthi forces had struck the U.S.-owned and operated dry bulk ship Gibraltar Eagle with an anti-ship ballistic missile. The alternative shipping route around South Africa's Cape of Good Hope can add 10-14 days to a journey compared to passage via the Red Sea and the Suez Canal. Freight rates have more than doubled since early December, according to maritime consultancy Drewry's world container index, while insurance sources say war risk premiums for shipments through the Red Sea are also rising.
Persons: Krishn Kaushik, Idrees Ali, Phil Stewart NEW, Yemen's, Houthi, Denmark's, Shivam Patel, Simon Lewis, Pavel Polityuk, James Davey, Terje Solsvik, Keith Weir, Catherine Evans Organizations: Indian Navy, U.S, U.S . Navy, Shipping, Genco, Wednesday, Pepco, Denmark's Maersk, Maersk Locations: Phil Stewart NEW DELHI, WASHINGTON, U.S, Gulf, Aden, Genco Picardy, Iran, Asia, Europe, Israel, Palestinian, Gaza, India, Picardy, States, Yemen, South Africa's, Suez, Ukraine, Africa
Ukraine's apparent destruction of 2 Russian planes may have been due to Patriot missiles, experts said. AP Photo/Alexander Zemlianichenko, Pool, FileUsing a Patriot like this would be an extremely risky move for Ukraine. Getting close enough to Kyrylivka to be able to shoot down the A-50 would have meant putting the Patriot close enough to the active fighting that Russian weaponry could hit it, the experts said. However, this level of risk is why another expert said it was unlikely that Ukraine used a Patriot. He said that while it was just an informed theory, he thought a decades-old Soviet missile system, the S-200, was more likely to have been used.
Persons: , Rajan Manon, Mattias Eken, Alexander Zemlianichenko, Eken, would've, Manon, Gustav Gressel, Gressel, Russia doesn't Organizations: Patriot, Patriots, Service, Ilyushin, RAND Corporation, AP, European Council, Foreign Relations, Soviet, REUTERS Locations: Ukraine, Azov, Ukrainian, Kyrylivka, Russian, Russia, Warsaw, Poland
Israeli forces are moving toward the largest hospital in Khan Younis, prompting patients and sheltering Gazans to flee, according to international doctors working there and local journalists capturing events on camera. Earlier, the Israeli military said Hamas had recently carried out a launch toward Israel from within the hospital compound. Israel has repeatedly accused Hamas of exploiting civilians as human shields by using hospitals and nearby areas as military sites. It comes after Israel's defense minister said the intensive stage of its military offensive in Gaza will "end soon," and as the UN relief chief warned Israel's war has brought famine to the strip with "such incredible speed." Catch up on the latest updates:
Persons: Khan Younis, Gazans, Al Nasser, Israel's Organizations: CNN, Hamas Locations: Khan, American, Israel, Gaza
Gen. Hossein Salami, commander in chief of Iran’s Islamic Revolutionary Guard Corps, in Tehran last month. Photo: abedin taherkenareh/ShutterstockISLAMABAD—Iran hit a jihadist group in Pakistan with a missile and drone strike Tuesday, according to Iranian state media, as a series of conflicts continue to spread across the Middle East in the wake of Israel’s war in Gaza. The target of the unusual attack inside Pakistan was a militant group, Jaish al-Adl, in Pakistan’s remote western province of Balochistan, which has a long border with Iran. Islamabad condemned the attack, which it said had killed two children and injured three more.
Persons: Hossein, abedin, al Organizations: Islamic Revolutionary Guard Corps, Adl Locations: Tehran, Shutterstock ISLAMABAD, Iran, Pakistan, Gaza, Balochistan, Islamabad
An undated photograph shows what the U.S. military described as a vessel carrying Iranian-made missile components bound for Yemen. Photo: U.S. Central Command/Associated PressThe U.S. military was searching for two Navy SEALs lost at sea during an operation that seized Iranian-made missile parts bound for Houthi rebels in Yemen, as the U.S. launched another series of strikes against the group. The waters off the Yemen coastline have become a zone of increasing geopolitical turbulence since the repercussions of the Oct. 7 Hamas attacks on Israel spread into the wider region, drawing in Washington and Iran-backed groups such as the Houthis.
Organizations: ., . Central Command, Associated Press, Navy Locations: Yemen, U.S, Israel, Washington, Iran
BAGHDAD (Reuters) - Iraqi Kurdish Prime Minister Masrour Barzani cancelled a meeting with Iran's foreign minister at the World Economic Forum at Davos in Switzerland in protest over Iranian missile strikes on the Iraqi Kurdish city of Erbil, a source said on Wednesday. Iran late on Monday struck Erbil, the capital of Iraq's semi-autonomous Kurdistan region, with ballistic missiles in what it said was an attack on an Israeli spy headquarters, claims vehemently denied by Iraqi and Iraqi Kurdish officials. The attack killed at least four people, including a prominent Kurdish businessman and his infant child. The Iranian strikes have led to a rare diplomatic row with Iraq's government, with Baghdad filing a complaint against Iranian "aggression" at the United Nations Security Council and recalling its ambassador to Tehran. Iraqi Prime Minister Mohammed Shia al-Sudani, a Shi'ite, was brought to power with the backing of some pro-Iranian factions, but has been keen to show his government opposes any infringement on Iraq's sovereignty.
Persons: Masrour Barzani, Saddam Hussein, Mohammed Shia, Maha El, Timour Azhari, Andrew Heavens, Sharon Singleton Organizations: Iranian, Monday, United Nations Security Council, . Locations: BAGHDAD, Kurdish, Davos, Switzerland, Iraqi Kurdish, Erbil, Iran, Iraq's, Kurdistan, Iraqi, Baghdad, Tehran, Iraq, U.S, . Iraqi
Ukraine said it damaged two Russian command aircraft — a Russian A-50 radar early-warning plane and Ilyushin Il-22 airborne command post — on Sunday, hitting the planes with its air defense systems. A photo that purports to show the wing of a Russian Il-22 aircraft shared by pro-war Russian milblogger Fighterbomber. Considering those losses together, Manon said: "For the Russian Air Force, it's kind of embarrassing." Given the limited supply, the latest developments are "a pretty big loss" for Russia, Manon said, adding that these aircraft are a key resource for Russia. Ukraine says it needs more air defense equipment, with Russia trying to erode Ukraine's stockpiles to clear the way for unobstructed attacks.
Persons: , Rajan Manon, Manon, Gustav Gressel, Wagner, Sefa, shootdowns Organizations: Service, Business, Ilyushin, European Council, Foreign Relations, UK Ministry of Defence, Russian Air Force, Wagner Group, Anadolu Agency, Getty, NATO, Ukrainian Air Force Locations: Ukraine, Russian, Russia, Belarus, Minsk .
Speaking to CNBC at the World Economic Forum in Davos on Tuesday night, Iranian Foreign Minister Hossein Amirabdollahian defended his country's actions. watch nowTehran also hit what it said were Islamic State targets in northern Syria in tandem with its strikes on Iraq. In response to the Red Sea attacks, the U.S. and U.K. governments last week began launching missile strikes against Houthi positions in Yemen. While the U.S. has hit Iranian proxies in Syria and Iraq since the Gaza war began, the missile strikes marked the first U.S. attack on the Yemeni group. Iran's foreign minister told CNBC on Tuesday that the Houthis "are not receiving any orders or instructions from us."
Persons: Pakistan —, Masrour Barzani, Hossein Amirabdollahian, Ebrahim Raisi, Israel —, Umar Karim, Iran — Organizations: United Arab Emirates, . Security, CNBC, Economic, Iranian, Islamic, Sepah, Anadolu Agency, Getty, King Faisal Center for Research, Islamic Studies, Middle, Iran Yemen's Locations: DUBAI, United Arab, Iran, Iraq, Syria, Pakistan, Israel, Gaza, Baghdad, Kurdistan, Tehran, Israeli, U.S, Erbil, Iraqi Kurdish, Davos, Islamic State, Balochistan, Israel — Tehran, Lebanon, Hamas, Yemen, Red
CNN —Attacks by Iranian-backed groups in the Middle East won’t stop until Israel’s war on Hamas in Gaza ends, Tehran’s top diplomat warned on Wednesday, as tensions across the region threaten to spiral into wider conflict. Since Hamas’ October 7 attacks on Israel and the Israeli offensive in Gaza that followed, the militant group Hezbollah has engaged in daily confrontations with Israeli forces on the Lebanon-Israel border. Houthi rebels have launched a series of attacks on commercial ships and Western military vessels in the Red Sea, a major artery for international trade. Iran also launched missile strikes in Syria and Pakistan against what it described as terrorist groups who it blamed for deadly attacks inside Iran in recent weeks. Meanwhile, there are fears that the ripple effects of the tensions have begun to extend beyond the Middle East.
Persons: Tehran’s, Hossein Amir, Abdollahian, CNN’s Fareed Zakaria, Hassan Nasrallah, , Hizam al, Assad, Matt Miller, ” Miller, Israel, Herzi Halevi, ” Halevi, Chris Liakos, Adam Pourahmadi, Jennifer Hansler, Wayne Chang Organizations: CNN, Economic, Sunday, Iranian Revolutionary Guard, Iraq, US, State, Israel’s, Staff, Israel Defence Forces Locations: Gaza, Iranian, Davos, Israel, Lebanon, Red, Iraq, Syria, Iran, Erbil, Pakistan, Yemen, , East, China,
The morning after Iranian attacks on neighboring Pakistan and Iraq, Iran’s defense minister vowed Wednesday that his country would “not set any limits” on using its missile capabilities against enemies whenever necessary. “We are a missile power in the world,” the minister, Mohammad Reza Ashtiani, told reporters at a cabinet meeting, according to state media. “Wherever they want to threaten the Islamic Republic of Iran, we will react, and this reaction will definitely be proportionate, tough and decisive.”Iran has demonstrated its willingness to use its military might — even when it involves striking the territory of its allies and neighbors — with back-to-back attacks on Syria late on Monday, then Iraq and Pakistan on Tuesday. The strikes could further inflame a widening conflict across the Middle East.
Persons: Mohammad Reza Ashtiani, Locations: Pakistan, Iraq, Islamic Republic of Iran, Iran, Syria
The strikes were launched from the Red Sea and hit more than a dozen sites, the officials said. The sanctions that come with the formal designation are meant to sever violent extremist groups from their sources of financing. Despite the sanctions and military strikes, including a large-scale operation Friday carried out by U.S. and British warships and warplanes that hit more than 60 targets across Yemen, the Houthis are continuing their harassment campaign of commercial and military ships. On Thursday a U.S. raid on a dhow intercepted ballistic missile parts the U.S. said Iran was shipping to Yemen. In response Tuesday, the U.S. struck four anti-ship ballistic missiles that were prepared to launch and presented an imminent threat to merchant and U.S. Navy ships in the region.
Persons: Pat Ryder, ” Ryder, Aamer Madhani, Ellen Knickmeyer Organizations: WASHINGTON, Houthi, Marshall, U.S ., U.S . Navy, Pentagon, Associated Press Locations: Yemen, Israel, Dhamar, U.S, Picardy, Gulf, Aden, Iran, Malta, Washington
AdvertisementRussia has changed its longstanding missile strategy to one that could have worse effects for Ukraine's effort on the battlefield, experts say. During its full-scale invasion of Ukraine, Russia has used its guided missiles to knock out the heating and electrical systems Ukrainians need to get through the winter. A local resident takes a photo of a missile crater and debris of a private house ruined in the Russian missile attack in Kyiv, Ukraine, in December 2023. Related storiesThat involves targeting Ukraine's equipment, either at the manufacturing plants or while it is en route the front line. But Russia is increasing its missile production, and Ukraine says it desperately needs more air defense systems, as Russia tries to wear them down.
Persons: , I'm, Fabian Hoffmann, Hoffmann, it's, Ukraine Vitalii, Timothy Wright, Russia's Organizations: Service, AP, University of Oslo, Ukrainian Armed Forces, Getty, International Institute for Strategic Studies Locations: Russia, Ukraine, Ukrainian, Russian, Kyiv, Norway, Poland
DAVOS, Switzerland (AP) — The top diplomats of Iran and the United States sit down for public — and separate — one-on-one chats while the U.N. chief and leaders of France, Argentina and Spain will deliver speeches as the World Economic Forum's annual meeting saunters into a busy second day on Wednesday. U.S. Secretary of State Antony Blinken, after a day of meetings Monday including one with Ukrainian President Volodymyr Zelenskyy, is on tap for a broadcast conversation with New York Times columnist Tom Friedman. Iranian Foreign Minister Hossein Amirabdollahian will speak with CNN's Fareed Zakaria. It came hours after one missile strike earlier Tuesday hit a U.S. vessel. “Please, strengthen our economy, and we will strengthen your security,” the Ukrainian leader said.
Persons: Antonio Guterres, Antony Blinken, Volodymyr Zelenskyy, Tom Friedman, Hossein Amirabdollahian, CNN's Fareed Zakaria, Emmanuel Macron, Pedro Sanchez, , Javier Milei —, Guterres, Zelenskyy, Vladimir Putin Organizations: Ukrainian, New York Times, Iranian, Spanish Locations: DAVOS, Switzerland, Iran, United States, France, Argentina, Spain, Swiss, Davos, U.N, East, North Africa, U.S, Yemen, Gaza, Palestinian, Israel, Ukraine
CNN —Pakistan on Tuesday strongly condemned an Iranian airstrike inside its borders that killed two children, calling it an “unprovoked violation of its airspace” and warning of retaliation. In a statement on Telegram, the militants said two small children were killed in the attack, while two women and a teenage girl were seriously injured. Last month, Iran accused Jaish al-Adl militants of storming a police station in the Iranian province of Sistan and Baluchistan, which resulted in the deaths of 11 Iranian police officers, according to Tasnim. Jaish al-Adl, or Army of Justice, is a separatist militant group that operates on both sides of the border and has previously claimed responsibility for attacks against Iranian targets. Iraqi Foreign Minister Fuad Hussein said there are no Mossad-affiliated centers operating in Erbil in the semi-autonomous Kurdistan region.
Persons: , Iran’s, Jaish al, Jaish, Fuad Hussein Organizations: CNN, Adl, Ministry, Iran’s Foreign Ministry, Guards, Justice, Iran’s Revolutionary Guards, United Nations, UN Security Council, UN, Iraqi Locations: Pakistan, Iran, Pakistan’s, Balochistan, Iraq, Syria, Gaza, Tehran, Iranian, Sistan, Baluchistan, Erbil, United States, Kurdistan
Without continued Western support for Ukraine's war efforts, the consequences could be dire, according to Ukrainian President Zelenskyy, who warned of a "big crisis" not just for Ukraine but for other countries as well. Zelenskyy has been warning about that worst case scenario outcome for months, as have experts and top war watchers. The roughly $111 billion package, which includes aid to Ukraine and Israel, has been held up by Republicans since October 2023. Should US aid to Ukraine dry up, it'll be a test of how Ukraine's European allies can fill in the gaps. Ukrainian servicemen drive a T-72 tank on the frontline in eastern Ukraine on July 13, 2022, amid the Russian invasion of Ukraine.
Persons: , it's, Zelenskyy, Dmytro Smolienko, Joe Biden's, Biden, it'll, MIGUEL MEDINA, Vladimir Putin's, Dara, Putin, Volodymyr Zelenskyy, Anna Moneymaker, Putin's maximalist, Nicholas Carlson Organizations: Service, Business, Davos, NATO, Russian Federation, Armed Forces, American, Publishing, Getty, North, Republicans, GOP, US Senators, Carnegie Endowment, International, Russian, The Institute, Washington DC Locations: Ukraine, Russia, North Korea, Russian, Donetsk Oblast, Roman, Israel, AFP, Putin — Georgia, Syria, Washington , DC, Washington, Finland
Oil prices fell on Wednesday as a stronger U.S. dollar limited demand for greenback-denominated crude, though the rising risks of supply disruptions amid the intensifying conflict in the Red Sea curbed the losses. U.S. West Texas Intermediate crude futures , or WTI, fell 43 cents, or 0.59%, to $71.97 a barrel. The stronger dollar reduces demand for dollar-denominated oil for buyers paying in other currencies. British oil major Shell suspended shipments through the Red Sea after the U.S. and UK strikes began, but U.S. producer Chevron is maintaining its Red Sea routes. "While oil benchmarks may not reflect the Red Sea attacks, the realized price for oil and oil products for consumers has increased given the disruption to trade flows through the Red Sea and Suez Canal," Vivek Dhar, director of mining and energy commodities strategist at the Commonwealth Bank of Australia, said in a note.
Persons: Brent, WTI, Daniel Hynes, Vivek Dhar Organizations: greenback, Global, Brent, . West Texas, U.S, U.S . Federal Reserve, ANZ Bank, Shell, Chevron, Commonwealth Bank of Australia Locations: U.S, Iran, Yemen, Red, Suez
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
China hopes its own hypersonic missile, the Dongfeng, will be game-changing in its capacity to take down US aircraft carriers. A Ukrainian sapper recovers the warhead of a Kinzhal missile. AdvertisementThe Kinzhal's maneuverability, they wrote, "cannot be compared with that of a real hypersonic missile." "Although Russia calls the 'Dagger' a hypersonic missile, analysts from other countries generally believe that the so-called hypersonic 'Dagger' missile is actually an air-launched version of the 'Iskander' short-range tactical ballistic missile," it said. "The 'Dagger' missile has more than enough ambition but not enough power," the July analysis said.
Persons: , Ukrainian sapper, Yin Jie, Yin, it's, VASILY MAXIMOV, Lyle Goldstein, Rand, Nathan Waechter, Goldstein, GREG BAKER, What's, it's gleaning, I've Organizations: Service, US, Kremlin, Emergency Service, Ordnance Industry Science, Technology, People's Liberation Army, International Military, Forum, Patriot, Getty, Institute for, Defense, Diplomat, Military Locations: China, Ukraine, Beijing, Moscow, Ukrainian, Shaanxi, Russia, Russian, Patriot, Syria, AFP, Washington, Asia
But even the lesser label of specially designated global terrorist group could jeopardize U.S. and Saudi efforts to construct a lasting peace deal to end the conflict. The conflict created a humanitarian catastrophe that Mr. Biden, as a candidate in 2020, vowed to address. Following a debate within the Trump administration, Secretary of State Mike Pompeo designated the Houthis as a foreign terrorist organization and a specially designated global terrorist group in mid-January 2021. In February 2021, less than three weeks after Mr. Biden took office, Secretary of State Antony J. Blinken reversed Mr. Pompeo’s designations. Asked by a reporter last week whether he considered the Houthis a terrorist group, Mr. Biden did not equivocate.
Persons: Biden, Yemen’s, Trump, Jake Sullivan, Tim Lenderking, Mike Pompeo, Antony J, Blinken, Tom Cotton, Mr, ” Mr, Cotton, Ayatollah Ali Khamenei, , Organizations: U.S, State Department, Economic, Sana’a Center, Strategic Studies, United Arab Emirates, United Arab, U.S . Agency for International Development, United Nations, Associated Press, Republican, United Locations: Houthi, Yemen, Iran, U.S, United States, Saudi, Gaza, Israel, Davos, Switzerland, Al Qaeda, Saudi Arabia, United Arab Emirates, Arkansas, United Arab
The US Army recently obtained its new Precision Strike Missile (PrSM), a surface-to-surface weapon. Earlier this month, the Army revealed it made progress on a new variant of the ballistic missile. AdvertisementThe US Army has flight tested the seeker that will allow its newest missile to hunt down warships, among other targets. Last month, the Army received its first delivery of the next-generation Precision Strike Missile (PrSM), a short-range, surface-to-surface ballistic missile. On Tuesday, for example, US forces struck and destroyed four anti-ship ballistic missiles that the Houthis were preparing to launch.
Persons: , Lockheed Martin, James Kirsch, AvMC, DEVCOM AvMC, Biden, Gerald R, Technology Doug Bush Organizations: US Army, Strike, Army, Service, MGM, Tactical Missile Systems, Lockheed, Ship, Command's Aviation, Missile Center, Ford, High, Artillery Rocket Systems, Systems, Acquisition, Logistics, Technology Locations: Ukraine, Yemen, Iran, China, Beijing
The crisis in the Red Sea threatens to damage the economy by increasing prices on consumers and delaying the shipment of goods. A Houthi official vowed on Wednesday that attacks on “Israeli-linked” vessels in the Red Sea as well as the Arabian Sea will continue. Ikea also does not foresee any product shortages from the Red Sea problems. “Shippers are now much better at using alternative ways of moving their goods around the world,” Zandi said. “We have not seen the situation in the Red Sea translate into material movements in prices in the US such as consumer goods and gasoline prices,” Schwartz said.
Persons: , Marcus Baker, Marsh McLennan, Baker, Vicent Clerc, ” Clerc, CNN’s Richard Quest, Mark Zandi, Zandi, Kristalina Georgieva, Quest, ” Zandi, Stephen Schwartz, ” Schwartz Organizations: CNN, US, US Central Command, Maersk, International Monetary Fund, Oxford University . Shipping, P, Moody’s, Global, IMF, Economic, Wednesday, Ikea, Wells, Wells Fargo Global Receivables, Trade Finance Locations: Israel, Marsh, Suez, Africa, China, Davos, Switzerland, , Asia, Europe, Germany, Wells Fargo, Iran
Read previewIran's missile and drone attack on neighboring Pakistan earlier this week came as the two countries reportedly held a joint naval exercise in the Persian Gulf. "We targeted Jaish al-Adl, not Pakistani citizens," Amirabdollahian said, per the Islamic Republic News Agency (IRNA), Iran's state news agency. Related stories"We respect the sovereignty and territorial integrity of Pakistan, but we won't allow Iran's security to be compromised," he added. While Iran was attacking Pakistan from the air, the two nations held joint military exercises in the Strait of Hormuz and the Persian Gulf. We will react from any area that threatens Iran," said the minister.
Persons: , Hossein Amirabdollahian, Amirabdollahian, General Mohammadreza Ashtiani Organizations: Service, Business, Economic, Adl, Islamic Republic News Agency, Iranian Navy, Pakistani Navy, Islamic Revolutionary Guard Corps, ISIS, Defense Locations: Pakistan, Persian, Iran, Davos, Switzerland, Strait, Hormuz, Iraq, Syria, Israeli
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