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☆ Missiles were fired toward a US Navy destroyer responding to an attempted hijacking near Yemen. The same warship was targeted in this area years ago.
▼ + stars: | 2023-11-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Missiles were fired from Houthi-controlled territory toward a US Navy ship responding to an attempted hijacking on Monday. The ship, the destroyer USS Mason, was targeted by the Iran-backed rebels near Yemen a few years ago. AdvertisementMissiles were fired from Houthi-controlled territory on Monday toward a US Navy destroyer that rescued a commercial vessel from an attempted hijacking off the coast of Yemen. When the Mason arrived at the scene alongside allied ships, they demanded the release of the Central Park. The Houthis have launched drones and missiles that US Navy warships in the Red Sea have had to shoot down.

Persons: Mason, —, CENTCOM, Blake Midnight, Michael Erik Kurilla, Arleigh Burke, Dwight D, Houthi, Benjamin Netanyahu Organizations: US Navy, Service, Missiles, Central Command, Pentagon, Mason Mass, U.S . Navy, AP, Eisenhower Carrier Strike, CSG, Navy, Galaxy Leader, Houthi Military, REUTERS, Business, Hamas, Israel Defense Forces Locations: Iran, Yemen, Israel, Gulf, Aden, Somalia, Suez, Hormuz, Arabian, Red, Lebanon, Iraq, Syria

☆ US Navy foils gunmen attempting to hijack an Israel-linked tanker off Yemen
▼ + stars: | 2023-11-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +7 min

A US Navy warship responded to a distress call and secured the seized ship, an official said. London-based Zodiac Maritime is part of Israeli billionaire Eyal Ofer's Zodiac Group. Crew members of the Central Park tanker locked themselves in the ship's safe room for safety, the official told Griffin. Zodiac Maritime has been targeted previously amid a wider yearslong shadow war between Iran and Israel. Both the Symi and the Central Park had been behaving as if they faced a threat in recent days.

Persons: —, Ambrey, Zodiac, Eyal Ofer's, Ofer, Daniel Guy Ofer, Jennifer Griffin, Griffin, Mason, — Jennifer Griffin, @JenGriffinFNC Organizations: US Navy, Zodiac, Service, Attackers, Liberian, Zodiac Maritime, Associated Press, Reuters, Clumvez Shipping Inc, Eyal Ofer's Zodiac Group, Clumvez Shipping, Fox News Chief National, Central, NEW, U.S, US, Navy, Business, United Kingdom Maritime Trade Operations, CMA, AP, Ships, AIS, Israel, Palestinian Locations: Israel, Yemen, Gulf, Aden, London, Saudi, Houthi, Gulf of Aden, Japanese, Iran, Oman, British, Yemen's, Djibouti, Somalia, Suez, Red

DUBAI, United Arab Emirates (AP) — Attackers seized a tanker linked to Israel off the coast of Yemen on Sunday, authorities said. The attackers seized the Liberian-flagged Central Park, managed by Zodiac Maritime, in the Gulf of Aden, the company and private intelligence firm Ambrey said. London-based Zodiac Maritime is part of Israeli billionaire Eyal Ofer’s Zodiac Group. Both the Symi and the Central Park had been behaving as if they faced a threat in recent days. The Houthis did not immediately acknowledge the seizure of the Central Park.

Persons: Ambrey, Zodiac, ” Zodiac, Eyal Ofer’s, Ofer, Daniel Guy Ofer, ”, — Organizations: United Arab Emirates, — Attackers, Liberian, Zodiac Maritime, Associated Press, Turkish, Clumvez Shipping Inc, Eyal Ofer’s Zodiac Group, Clumvez Shipping, U.S, United Kingdom Maritime Trade Operations, CMA, Central, AP, Ships, AIS, Israel Locations: DUBAI, United Arab, Israel, Yemen, Gulf, Aden, London, Saudi, Houthi, U.S, Iran, Oman, British, Yemen's, Djibouti, Somalia, Suez, Palestinian, Red

JERUSALEM (AP) — Israel said Yemen's Houthi rebels seized an Israeli-linked cargo ship in a crucial Red Sea shipping route on Sunday, raising fears that regional tensions heightened over the Israel-Hamas war were playing out on a new maritime front. There was no immediate comment from the Houthis, an Iran-backed rebel movement in Yemen that threatened earlier Sunday to target Israeli-linked vessels in the Red Sea. Netanyahu's office condemned the seizure of the Galaxy Leader, a vehicle carrier, as an “Iranian act of terror." The Israeli military called the hijacking a “very grave incident of global consequence." The Houthis have repeatedly threatened to target Israeli ships in the waters off Yemen.

Persons: — Israel, Yemen's Houthi, Houthi, Benjamin Netanyahu's, Abraham “ Rami ” Ungar, Ungar, ___ Gambrell Organizations: JERUSALEM, Galaxy Leader, Ray Car Carriers, Associated Press, AP, AIS, Ships, United Kingdom Maritime Trade Operations, U.S . Navy, Hamas Locations: Israel, Iran, Yemen, Red, Bahamas, British, Gulf of Oman, Jeddah, Saudi Arabia, Korfez, Turkey, Pipavav, India, Persian, Yemen’s, Hodeida, Eritrea, The, Egypt’s Suez, Mandeb, Africa, Gaza, Dubai, United Arab Emirates

☆ An Ohio-class submarine, possibly equipped with ballistic missiles, has arrived in the Mediterranean
▼ + stars: | 2023-11-06 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

CENTCOM on Sunday confirmed an Ohio-class submarine has traveled to the Mediterranean Sea. Ohio-class submarines can be equipped with advanced ballistic or Tomahawk missiles. AdvertisementAdvertisementAn Ohio-class submarine, a type of vessel which can be equipped with advanced ballistic or Tomahawk cruise missiles, has arrived in the Mediterranean as the US continues to bolster its defensive posture amid the Israel-Hamas war. Israel news outlet Ynet reported the submarine newly deployed in the region is the largest of the 14 ballistic submarines controlled by the US Navy and comes equipped with ballistic munitions. AdvertisementAdvertisementLast month, the Pentagon dispatched two US Navy carrier strike groups to the eastern Mediterranean — the USS Dwight D. Eisenhower Carrier Strike Group and the USS Gerald R. Ford Carrier Strike Group.

Persons: —, CENTCOM, Anthony Blinken, Mahmoud Abbas, Dwight D, Gerald R Organizations: Sunday, Red Seas, Service, Department of Defense, . Central Command, US Navy, State, Pentagon, Eisenhower Carrier Strike Group, Ford Carrier Strike Locations: Ohio, . Ohio, Suez, Egypt, Red, Israel, East, West, Central Asia, Jordan, Cyprus, Lebanon, Qatar, Gaza, Iran

Israeli airstrikes hit two refugee camps in the central Gaza Strip on Sunday, killing scores of people, health officials said. The strikes came as the U.S. keeps urging Israel to take a humanitarian pause from its relentless bombardment of Gaza and rising civilian deaths. U.S. Secretary of State Antony Blinken traveled to Ramallah in the West Bank for a previously unannounced meeting with Palestinian President Mahmoud Abbas. Political Cartoons View All 1234 ImagesCurrently:— Gaza has lost telecom contact again, while Israel’s military announces it has surrounded Gaza City. — A U.N. official says the average Palestinian in Gaza is living on two pieces of bread a day.

Persons: Israel, Antony Blinken, Mahmoud Abbas, Blinken, Mohammed Shia, Benjamin Netanyahu, Joe Biden, evacuee Sara El, Masry, –, JORDAN, Jordan, King Abdullah II, ”, Michael Hertzog, ” Hertzog, OBAMA, Barack Obama, “, he’s, ” Obama, I’ve, Alp Toker, Juliette Touma, Ayatollah Ali Khamenei, Ismail Haniyeh, IRNA, Khamenei, Haniyeh, JERUSALEM —, Jacob Lew, Biden, ” Lew, Isaac Herzog, Lew, Antony Blinken’s Organizations: West Bank, Iraqi, Hamas, Ministry, WHO, GAZA, SYDNEY AIRPORT SYDNEY, Nine, Sydney Airport, Australian, United Arab Emirates, Mideast, Central Command, FIRE, NATIONS, Inter, Agency, UNRWA, United Nations, Jordanian, Twitter, ISRAEL, CBS, JERUSALEM, Paltel, Associated Press, Hezbollah, U.S, Israel, Embassy, . Riot Locations: Gaza, Ramallah, Baghdad, Jordan, Israel, United States, Egypt, Qatar, Gaza City, —, U.S, Berlin, israel, Sydney, Rafah, DUBAI, United Arab, Suez, ., Ohio, America's, Iran, UN, Palestinian Territory, GAZA AMMAN, Jordanian, GAZA, Palestinian, IRAN, TEHRAN, Lebanon, GAZA JERUSALEM, Beit Hanoun, TURKEY, ISTANBUL –, Ankara, Turkish

☆ US says Ohio-class submarine has arrived in Middle East, a message of deterrence amid Israel-Hamas war
▼ + stars: | 2023-11-05 | by ( Oren Liebermann | Brad Lendon | ) edition.cnn.com time to read: +4 min

CNN —In a rare announcement, the US military said a guided missile submarine has arrived in the Middle East, a message of deterrence clearly directed at regional adversaries as the Biden administration tries to avoid a broader conflict amid the Israel-Hamas war. US Central Command said on social media Sunday that an Ohio-class submarine was entering its area of responsibility. The military rarely announces the movements or operations of its fleet of ballistic and guided missile subs. In April, the Navy announced that the USS Florida, one of the two East Coast-based SSGNs, was operating in the Middle East. The announcement of a guided missile sub in the region comes as US Secretary of State Antony Blinken has been holding a series of meetings with US partners in the Middle East.

Persons: ”, Carl Schuster, Antony Blinken, Blinken, Lloyd Austin, Yoav Gallant, Austin, Pat Ryder, ” CNN’s Haley Britzky, Will Mullery Organizations: CNN, Biden, US Central Command, US Navy, Pacific Command’s Joint Intelligence Center, Navy, West Bank, Defense, ”, Pentagon Locations: Israel, Ohio, Suez, Cairo, “, Florida, Libya, Iran, USS Florida, USS Michigan, South Korea, Turkey, Iraq, Jordan, Cyprus, Gaza, Syria, Iranian, ” Brig

☆ Panama Canal drought hits new crisis level with nearly half of vessel traffic targeted for cuts
▼ + stars: | 2023-11-03 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

PANAMA CITY, PANAMA - SEPTEMBER 22: The container ship Maersk Bogor is guided by a tugboat as it prepares to enter the Miraflores locks while transiting the Panama Canal on September 22, 2023 in Panama City, Panama. The Panama Canal Authority is continuing to restrict the number of vessels that pass through the Panama Canal locks as drought has caused water levels at Gatun Lake to drop. Over one hundred ships are waiting to transit the canal and the backup could delay goods heading to the United States for the holiday season. The Panama Canal is popular for East Coast trade because it is faster than other options. Traveling through the Panama Canal takes only 35 days.

Persons: Justin Sullivan, Adil Ashiq, Alan Baer, Baer, Jon Davis, Davis, Ashiq, Paul Brashier Organizations: PANAMA CITY, The Panama Canal, Port, CNBC Supply Chain, Panama Canal Authority, East, Panama Canal, MarineTraffic, USA, CNBC, U.S, ITS Logistics Locations: PANAMA, Bogor, Miraflores, Panama, Panama City, The Panama, Colon, Caribbean, United States, Cape Horn, South America, East, Charleston, El Nino, East Coast, Shenzhen, China, Miami , Florida, Suez, North America, U.S, West Coast, Asia, Gulf

☆ Fitch downgrades Egypt one notch deeper into junk territory
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

The downgrade reflects increased risks to Egypt's external financing, macroeconomic stability and the trajectory of already-high government debt, the rating agency said. The ratings agency said it expects Egypt to face a significant rise in external debt maturities in fiscal years ending June 2024 and June 2025, from that which ended in June 2023. The rating agency expects receipts from tourism, the Suez Canal and a recovery of remittances to help contain financing needs from larger imports. "Israel-Hamas war poses significant downside risks to tourism, although we build in some near-term hit," Fitch said. In October, fellow ratings agencies Moody's and Standard & Poor's (S&P) both downgraded Egypt's credit ratings by a notch.

Persons: Mohamed Abd El Ghany, Fitch, Vaibhav, Shailesh Organizations: REUTERS, Monetary Fund, Reuters, Thomson Locations: Cairo, Egypt, Egypt's, Suez, Gaza, Israel, Bengaluru

☆ BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says
▼ + stars: | 2023-11-03 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

BRICS countries could swing an "economic wrecking ball" at the dollar, a former White House economist says. Such a currency could potentially topple the dollar from its perch atop global trade markets and as the dominant reserve currency. "The BRICS+ nations do not need to wait until a shared trade currency meets the technical conditions typical of global reserve currency before they swing their newly enlarged economic wrecking ball at the dollar," he added. "The BRICS+ states do not even necessarily need to have a shared trade currency to chip away at King Dollar's domain. Other economists argue though that the dollar's role as the world's top trading and reserve currency will likely continue for a long time.

Persons: —, Joe Sullivan, Sullivan, BRICS Organizations: White House, Service, White, Foreign, United, Treasury, King, Bank of International Settlements, International Monetary Fund Locations: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, United Arab Emirates, Suez, Brazil, China, Russia

☆ Israel's missile ships are joining US combat power in the Red Sea as more Iran-backed militants fire weapons its way
▼ + stars: | 2023-11-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Israel said it deployed missile ships to the Red Sea, where they'll join US Navy vessels in the area. AdvertisementAdvertisementAfter a series of attacks from Iran-backed militants, Israel has deployed several ships capable of launching missiles to the Red Sea, where they will join US Navy vessels already there. The IDF said "all aerial threats were intercepted outside of Israeli territory," with some of them downed by Israeli fighter jets around the Red Sea to the south. Israel Defense ForcesIsraeli Navy ship in the Red Sea. US Missile Defense AgencyThe Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) transits the Suez Canal, Oct. 18.

Persons: Israel, they'll, —, Yemen's, Carney, Arleigh Burke, we've, Pat Ryder, Aaron Lau, Hezbollah —, Lloyd Austin Organizations: US Navy, Service, Navy, Israel Defense Forces, US, IDF, Hamas, Israel Defense Forces Israeli Navy, IAF, Aerial Defense, Pentagon, Air Force, Interceptor, US Missile Defense Agency, Hezbollah, Islamic Revolutionary Guard Corps, U.S Locations: Yemen, Israel, Iran, Israeli, Israel's, Eilat, Red Sea, Red, Suez, Saudi, Tehran, Iraq, Syria

☆ Israel-Hamas war in Gaza: What is the history of the conflict?
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +7 min

[1/3]Smoke rises after Israeli strikes on the seaport of Gaza City, in Gaza, October 10. Two-state solution: An agreement that would create a state for the Palestinians in the West Bank and Gaza Strip alongside Israel. Israel has said a Palestinian state must be demilitarized so as not to threaten its security. Refugees: Today about 5.6 million Palestinian refugees - mainly descendants of those who fled in 1948 - live in Jordan, Lebanon, Syria, the Israeli-occupied West Bank and Gaza. Israel says any resettlement of Palestinian refugees must occur outside of its borders.

Persons: David Ben, Gurion, Israel, Yasser Arafat, Mohammed Salem, Yitzhak Rabin, Arafat, Bill Clinton, Ehud Barak, Donald Trump, Joe Biden, Trump, Edmund Blair, Stephen Farrell, Mark Heinrich Our Organizations: Israel, West Bank, Palestinian, REUTERS, Palestine Liberation Organization, Oslo Accords, Arab League, U.S, Reuters, Thomson Locations: Israel, kibbutzes, Gaza, East, British, Palestine, Jordan, Lebanon, Syria, East Jerusalem, U.S, Egypt, Suez, Golan, Lebanon's Iran, Gaza City, Oslo, Israeli, Arab, Palestinian, Washington, Saudi Arabia, Riyadh, Jerusalem

☆ Israel-Hamas war rocket attacks are leading oil tankers to make unusual moves near ports
▼ + stars: | 2023-10-30 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Giant gantry cranes and tracks in a container port, viewed from a moored cruise ship in Ashdod, Israel. The moves to evade detection come as shipping lines are also being advised to wait further offshore with rocket attacks reported at the ports of Ashdod and Eilat in Israel. Israel has closed the Port of Ashkelon, the country's biggest oil-importing port, because of rocket attacks. "This suggests that container lines are avoiding the Port of Ashdod, and potentially relying more on the Port of Haifa instead," Woitzik said. The ports of Ashdod and Haifa are the key ports for food imports.

Persons: There's, Homayoun Falakshahi, Ambrey, Falakshahi, Port, Mirko Woitzik, Woitzik, majeure Organizations: Getty, AIS, Israel, CNBC, tanker Sea Galaxy, Port, ICL Group, ICL, Rockets, Army, Evergreen Locations: Ashdod, Israel, Eilat, Port, Port of Haifa, Ashkelon, Haifa, Kpler, Gaza, Suez, Aqaba

☆ Egypt's Sisi warns region could become 'ticking time bomb'
▼ + stars: | 2023-10-28 | by ( ) www.reuters.com time to read: +1 min

The Egyptian Presidency/Handout via REUTERS/File... Acquire Licensing Rights Read moreCAIRO, Oct 28 (Reuters) - Egypt's President Abdel Fattah al-Sisi on Saturday warned against any expansion of the conflict in Gaza, saying the region risked becoming a "ticking time bomb". He also said his country's sovereignty should be respected after drones were intercepted after entering Egyptian air space on Friday. Israel on Friday said it was the target of the drones which it blamed on Yemen's Iranian-backed Houthi movement. Egypt's military said the drones, which fell on the Egyptian towns of Taba and Nuweiba near the Israeli border, injuring six, originated in the southern Red Sea. The region will becoming a ticking time bomb that impacts us all," Sisi said, speaking at a conference.

Persons: Abdel Fattah al, Sisi, Nafisa, Jason Neely, Giles Elgood Organizations: REUTERS, Israel, Thomson Locations: Suez, Cairo, Gaza, Egypt, Egyptian, CAIRO, Taba, Nuweiba, Red, Israel

A general view shows the interiors of what the Israeli military say is a cross-border attack tunnel dug from Gaza to Israel, on the Israeli side of the Gaza Strip border near Kissufim January 18, 2018. After the last round of hostilities in 2021, Hamas's leader in Gaza, Yehya Al-Sinwar, said: "They started saying they destroyed 100kms of Hamas tunnels. Tunneling became easier in 2005 when Israel pulled its soldiers and settlers out of Gaza, and when Hamas won power in a 2006 election. Although the military tunnels remained off-limits to outside eyes, during that era Gaza smugglers would show off their scarcely concealed commercial tunnels under the Rafah border. Israeli sources said what awaits them is formidable and they faced an enemy that has regrouped and learned from previous Israeli operations in 2014 and 2021.

Persons: Jack Guez, Lloyd Austin, Yehya Al, Sinwar, Lifshitz, Mahmoud Abbas, Amir Avivi, Abdel Fattah al, Sisi, Israel, Yasser Arafat's, Deen al, Gilad Shalit, Abu Qusay, Mohammed Deif, Deif, Joel Roskin, Ilan University, Benjamin Netanyahu, Amnon Sofrin, Daphne Richemond, Barak, Jonathan Saul, Stephen Farrell, Phil Stewart, Nafisa Eltahir, Ahmed Mohamed Hassan, Janet Lawrence Organizations: REUTERS, U.S, U.S . Defense, Israel, United Nations Security Council, LONG, Yasser Arafat's Palestine Liberation Organization, West Bank, Hamas, Brigades, Arafat's, Israel's, Ilan, Israel's Combat Engineering, Combat Intelligence Corps, Israel's Reichman University, IDF, ISIS, Thomson Locations: Gaza, Israel, Kissufim, JERUSALEM, LONDON, Hamas, Palestinian, States, Mosul, Islamic, Egypt, Israeli, Viet, Israel's, Egyptian, El Arish, Suez, Yasser Arafat's Palestine, Jordan, Rafah, Syria, Iraq, State, Jerusalem, London, Washington, Cairo

☆ Egypt's Sisi says Cairo playing positive role in de-escalating Gaza crisis
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

Egypt has taken an active role in negotiating access to aid for people in Gaza through the Rafah crossing, which it shares with Gaza, as well as in negotiations for hostage releases, while advocating for a ceasefire in the conflict. "You have this capability to defend yourself ... never let anger or fervour cause you to overstep," he said. Speaking with Macron, Sisi said both leaders had agreed that any move to displace Gazans into Egypt's Sinai peninsula - a move he had previously warned that Egypt would not bear - would be "extremely dangerous." The two men agreed to work to contain the crisis and prevent other actors from entering the fray, Sisi said. Reporting by Nafisa Eltahir and Nayera Abdallah; Additional reporting by Clauda Tanios; Writing by Ahmed Elimam and Nafisa Eltahir; Editing by Toby Chopra, Deborah Kyvrikosaios and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Abdel Fattah al, Sisi, Emmanuel Macron, Nafisa Eltahir, Nayera Abdallah, Clauda Tanios, Ahmed Elimam, Toby Chopra, Deborah Kyvrikosaios, Jonathan Oatis Organizations: Thomson Locations: Suez, Cairo, Gaza, Egypt, Egyptian, CAIRO, Israel, Rafah, Egypt's

☆ Economists fear major disruption if the Israel-Hamas conflict is not contained
▼ + stars: | 2023-10-25 | by ( Elliot Smith | ) www.cnbc.com time to read: +7 min

ReutersAny possible escalation of the Israel-Hamas war poses a major risk to the global economy, driving up energy prices and disrupting key trade routes, economists have warned. Israel's subsequent bombardment of Gaza in a bid to eliminate Hamas has increased the risk of a spillover to the wider Middle East region. The events in recent days have deepened the greatest fear among economists, that the conflict engulfs the region and begins to pose a long-term threat to global energy and trade infrastructure. Back then oil prices gained 30% in a matter of two weeks before settling at around 15% above pre-war levels," said J. Safra Sarasin Equity Strategist Wolf von Rotberg. "You choke off those points and you create major disruption not just to oil prices, but the whole supply chain of the world for energy and other goods as well."

Persons: Israel's, Isaac Herzog, Pat Thaker, Thaker, Brent, J . Safra Sarasin, J, Wolf von Rotberg, Elijah Oliveros, Rosen, Oliveros, Paul Gruenwald, Gruenwald Organizations: Hamas, Reuters, Palestinian, Lebanese, Hezbollah, Economist Intelligence Unit, CNBC, Fed, ECB, West Texas, J ., Safra Sarasin Equity Locations: Israel, Palestinian, Gaza, Lebanon, East, Africa, Saudi, Ukraine, Europe, Iran, Tehran, Saudi Arabia, Suez, Persian, Hormuz, U.S, Chile, Turkey, Thailand, Philippines, India, Egypt

☆ Incident involving US warship intercepting missiles near Yemen lasted 9 hours
▼ + stars: | 2023-10-20 | by ( Oren Liebermann | ) edition.cnn.com time to read: +3 min

CNN —A US warship that intercepted drones and missiles near the coast of Yemen on Thursday encountered a larger and more sustained barrage than was previously known, shooting down 4 cruise missiles and 15 drones over a period of 9 hours, according to a US official familiar with the situation. Their trajectory left little doubt that the projectiles were headed for Israel, the official said, a clearer assessment than the Pentagon’s initial take. The drones and missiles were intercepted with SM-2 surface-to-air missiles launched from the USS Carney. US interceptions of Houthi launches are exceedingly rare, making the timing of this incident, as tensions rise in Israel, more significant. In response, the US fired sea-launched cruise missiles at Houthi radar facilities in Yemen.

Persons: Carney, Burke, Brig, Pat Ryder, ”, Ryder, USS Mason, I’m Organizations: CNN, Arleigh, Pentagon, SM, USS, Navy, US Central Command, Support, US Locations: Yemen, Suez, Israel, Gaza, East, Syria, Iraq, Iranian, Tanf, Baghdad

CNN —A US Navy warship operating in the Middle East intercepted multiple projectiles near the coast of Yemen on Thursday, two US officials told CNN. One of the officials said the missiles were fired by Iranian-backed Houthi militants, who are engaged in an ongoing conflict in Yemen. Approximately 2-3 missiles were intercepted, according to the second official. Gen. Pat Ryder confirmed that the USS Carney shot down three land attack missiles as well as several drones that were launched by Iran-backed Houthi forces in Yemen. The USS Carney transited through the Suez Canal into the Red Sea on Wednesday.

Persons: Brig, Pat Ryder, Carney, ” Ryder, ” Organizations: CNN, US Navy, East, Pentagon, US Fleet Forces Locations: Yemen, Iranian, Iran, Israel, Suez

Electronic boards showing stock information are pictured at the stock market, in Dubai, United Arab Emirates, November 5, 2020. "Such an escalation could lead to increased oil prices, concerns about oil supply, and the potential for a global economic downturn." In the unlikely event the United States sends troops into the Middle East, Belote expected a $20 jump in oil prices, "if not more". "Israel has better relations with other Arab countries compared to then," JP Morgan private bank strategist Madison Faller said in a note, "and global oil supply is not as concentrated." Reuters Graphics5/ TECH JITTERSWhat's good for oil stocks can be bad for big tech.

Persons: Abdel Hadi Ramahi, Hamza Meddeb, Malcolm H, Brent Belote, Belote, JP, Madison Faller, Nadia Martin Wiggen, Alessia Berardi, Amundi's Berardi, Trevor Greetham, Morgan Stanley, Jeff, London's Greetham, Naomi Rovnick, Nell Mackenzie, Marc Jones, Dhara Ranasinghe, Sharon Singleton Organizations: United Arab Emirates, REUTERS, Kerr Carnegie Middle East Center, Oil, JP Morgan, Svelland, Reuters Graphics Reuters, U.S, Reuters, Swiss, Royal, Aegon, Deutsche Bank, Aerospace, Thomson Locations: Dubai, United Arab, Israel, Gaza, Beirut, IRAN, Iran, U.S, United States, Arab, Turkey, Ukraine, Egypt, Jordan, Iraq, Saudi Arabia, Qatar, Bahrain, Suez, London

[1/3] A general view shows Haifa Port, which is to be sold to India's Adani Ports and local partner Gadot in Haifa, Israel July 24, 2022. Ashdod port has imposed restrictions on the transport of hazardous materials which has meant slower transits. Around 13 ships - comprising cargo, container and dry bulk vessels - were currently moored inside Ashdod port, according to MarineTraffic data. "The Suez Canal, a critical waterway for various commercial vessels, including container ships, may face disruptions," Container xChange CEO Christian Roeloffs said. The Marshall Islands registry, one of the world's top shipping flags, last week raised the security level for Israel's ports and its territorial waters to their highest.

Persons: Gadot, Ilan Rosenberg, Christian Roeloffs, Jonathan Saul, Ari Rabinovitch, David Evans, Louise Heavens Organizations: Haifa Port, Adani, REUTERS, Rights, Israel's, Port, MSC, Ministry, Marshall, Thomson Locations: Haifa, Israel, Gaza, Ashkelon, Ashdod, Port, Port of Haifa, ”, Israel's, Suez, Hormuz, United States, Arabian, Strait, Gulf of Oman and Red, Jerusalem

Lynch said his agency is seeking congressional authorization to study another round of deepening for the Savannah River shipping channel. The Army Corps of Engineers last year finished deepening the waterway by 5 feet (1.5 meters), a $973 million project that took 25 years to study and execute. And it’s not just for the Georgia Ports Authority. Buddy Carter, a Republican whose district includes Savannah's port, said they support studying another harbor expansion. “This port affects every county in Georgia,” said Georgia House Speaker Jon Burns, a Republican who attended the speech.

Persons: Griff Lynch, Lynch, We’ve, They're, Eugene Talmage, “, Sen, Raphael Warnock, Buddy Carter, ”, Jon Burns, Chris DeScherer, ” DeScherer Organizations: Georgia Ports Authority, Army Corps, Engineers, U.S ., Port, Georgia Department of Transportation, Army Corps of Engineers, Water Resources, Democrat, U.S . Rep, Republican, Southern Environmental Law, Wildlife Locations: SAVANNAH, Ga, Port, Savannah, U.S, Georgia, “ State, India, Thailand, Vietnam, U.S . East Coast, Panama, East Coast, Suez, Savannah's

☆ Israel highlights fragility of new trade corridors
▼ + stars: | 2023-10-10 | by ( Afiq Fitri Alias | ) www.reuters.com time to read: +3 min

LONDON, Oct 10 (Reuters Breakingviews) - A new and deadly chapter of the decades-old Israel-Palestinian conflict is a reality check for an ambitious trade route. IMEC’s chief backers waxed lyrical about the potential of the trade route involving railways, ports and green energy. Demand is there: India's total trade with Saudi Arabia more than doubled in two years, hitting around $53 billion in financial year 2023. In the near-term, the Suez Canal will remain the primary route for goods travelling to Europe from India, while Turkey can press its own rival trade route. The Biden administration is continuing to push for normalisation talks between Saudi Arabia and Israel, the New York Times reported on Oct. 8.

Persons: Joe Biden, Ursula von der Leyen, Narendra Modi, India’s, Saudi Crown Prince Mohammed bin Salman, Benjamin Netanyahu, Biden, Una Galani, Thomas Shum Organizations: Reuters, Washington, European, Indian, New, Saudi Crown, Israeli, New York Times, Thomson Locations: Israel, India, Middle, Europe, New Delhi, Saudi Arabia, Haifa, Gaza, China, People’s Republic, Suez, Turkey, United States, European Union, France, Germany, Delhi, Arabian, Asia

☆ What's the Israel-Palestinian conflict about and how did it start?
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +6 min

The conflict pits Israeli demands for security in what it has long regarded as a hostile region against Palestinian aspirations for a state of their own. Palestinians who stayed put in the war today form the Arab Israeli community, making up about 20% of Israel's population. Israel has occupied the West Bank, Arab East Jerusalem, which it captured from Jordan, and Syria's Golan Heights ever since. Israel has said a Palestinian state must be demilitarised so as not to threaten Israel. Jerusalem - Palestinians want East Jerusalem, which includes sites sacred to Muslims, Jews and Christians, to be the capital of their state.

Persons: David Ben, Gurion, Israel, Golan, Yasser Arafat, Mohammed Salem, Yitzhak Rabin, Arafat, David, Bill Clinton, Ehud Barak, Donald Trump, Joe Biden, Jerusalem, Trump, Edmund Blair Organizations: Israel, West Bank, Palestinian, REUTERS, Oslo Accords, U.S, Refugees, Reuters, Thomson Locations: Israel, British, Palestine, Jordan, Lebanon, Syria, Gaza, East Jerusalem, U.S, Egypt, Arab East Jerusalem, Suez, Golan, Gaza City, Oslo, Israeli, Palestinian, Washington, Saudi Arabia, Riyadh, Jerusalem

☆ What's the Israel-Palestinian conflict about? The origin of wars explained
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +6 min

Palestinians who stayed put in the war today form the Arab Israeli community, making up about 20% of Israel's population. Israel has occupied the West Bank, Arab East Jerusalem, which it captured from Jordan, and Syria's Golan Heights ever since. A two-state solution, Israeli settlements, the status of Jerusalem, and refugees are at the core of the dispute. Israel has said a Palestinian state must be demilitarised so as not to threaten Israel. Jerusalem - Palestinians want East Jerusalem, which includes sites sacred to Muslims, Jews and Christians, to be the capital of their state.

Persons: David Ben, Gurion, Israel, Golan, Yasser Arafat, Yitzhak Rabin, Arafat, David, Bill Clinton, Ehud Barak, Donald Trump, Joe Biden, Jerusalem, Trump, Edmund Blair Organizations: Israel, West Bank, Palestinian, Oslo Accords, U.S, Refugees, Reuters, Thomson Locations: Israel, British, Palestine, Jordan, Lebanon, Syria, Gaza, East Jerusalem, U.S, Egypt, Arab East Jerusalem, Suez, Golan, Oslo, Israeli, Palestinian, Washington, Saudi Arabia, Riyadh, Jerusalem

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