Showing posts with label Red Sea. Show all posts
Showing posts with label Red Sea. Show all posts
Thursday, January 11, 2024
Sunday, December 31, 2023
Hamas reports 150 Palestinians die in airstrikes as US claims 10 Houthi rebels killed
The US military says it has killed 10 Yemeni Houthi rebels who attacked a merchant ship in the Red Sea. Navy helicopters responded to a distress call from the vessel and sank several Houthi boats, as the rebels attempted to board. Shipping giant Maersk says it has now suspended all shipping through the Red Sea.
Tuesday, December 19, 2023
How Houthi shipping attacks could make everyday items more expensive
Several major companies have halted shipping through the Rea Sea and are already considering new routes while insurers could soon raise rates. This follows an increase in attacks by Houthi fighters from Yemen. The Red Sea route connects trade between Asia and Europe for consumer goods and commodities like oil and liquefied natural gas. The Houthi militants – who are backed by Iran – have attacked and seized several ships in the Red Sea since October, claiming that the vessels were 'linked' to Israel.
Monday, December 18, 2023
Global supply chain under threat amid militant attacks on vessels in Red Sea
On Monday, British oil giant BP and Taiwan's Evergreen became the latest to suspend transit in the Red Sea amid drone and missile attacks by Houthi rebels in Yemen. The firms join several of the world's biggest freight companies in avoiding the waterway, though which 12% of global trade passes every year.
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