Now playing Next Economy Red Sea trade route still months away from safety, says Maersk boss Trade in the Red Sea has significantly reduced ever since the start of the Houthi conflict and could still be several months away from returning to normal levels. 12/01/2024
Now playing Next Europe News EU mulls sending warships to protect Red Sea vessels from Houthis Brussels wants to launch a bespoke EU mission to protect commercial vessels in the Red Sea from attacks by Iran-backed Houthi rebels. 12/01/2024
Now playing Next Yemen Britain and America launch massive strikes against Houthis in Yemen British jets based in Cyprus targeted Houthi missile and drone facilities after weeks of threats to shipping in the Red Sea. 12/01/2024
Now playing Next Yemen UN condemns Houthi rebel attacks on Red Sea shipping A new resolution demands Houthis stop their attacks immediately, saying they impede global commerce, undermine shipping freedoms and regional peace and security. 11/01/2024
Now playing Next Yemen US and UK thwart largest Houthis attack in Red Sea The Yemeni rebel group launched an attack with drones and missiles, amid a planned UN Security Council vote to condemn their strikes in the vital shipping lane. 10/01/2024
Now playing Next Gaza Will the Israel Hamas war escalate regionally? Fighting in Gaza has already caused an uptick in violence across the Middle East - but could things get worse? 08/01/2024
Now playing Next Markets Will shipping stocks rally caused by Red Sea woes last? Shares of major European maritime shippers such as Maersk and Hapag-Lloyd have substantially surged in value due to Red Sea disruptions, with increased costs passed on as higher freight rates. Goldman Sachs and J.P Morgan analysts discuss whether this trend is likely to last. 04/01/2024
Now playing Next Europe Decoded EU states try to 'strike the right balance' on US operation in Red Sea European Union allies have been reluctant to back a United States-led naval operation to safeguard ships from attacks by Houthi militants in the Red Sea. 02/01/2024
Now playing Next Yemen US forces shoot down Houthi missiles in Red Sea A US spokesperson says their forces also killed several gunmen during the attack by Yemen's Houthi rebels. 31/12/2023
Now playing Next Israel Red Sea strife: All you need to know about the crisis hampering world trade Attacks by Houthis have severely disrupted shipping in the Red Sea, a vital waterway that accounts for 12% of world trade. 28/12/2023
Now playing Next Business Shipping giant Maersk prepares to restart operations in Red Sea Denmark's Maersk, like several other shipping companies, had paused Red Sea journeys due to Houthi attacks in the area. 26/12/2023
Now playing Next Yemen Shipping companies abandon Red Sea routes over Houthi attacks The decision comes as a British destroyer shoots down a 'suspected attack drone' in the ocean which lies between Asia and Africa. 16/12/2023
Now playing Next Yemen US warship and multiple commercial ships come under attack in Red Sea The Pentagon made the announcement as a British ship was reportedly hit by rocket fire in Red Sea off Yemen coast. Drone activity has also been reported in the area which separates East Africa from the Arabian Peninsula. 03/12/2023
Now playing Next Sport Saudi Arabia Formula 1 race to go ahead despite recent Houthi attack The announcement came a day after the rebels attacked an oil depot located about 11 kilometres from the racetrack on Friday. 26/03/2022
Now playing Next Yemen Yemen rebels and aid group put death toll from prison airstrike at 82 The Saudi-led airstrike on Friday was part of an intense air and ground offensive that marked an escalation in Yemen’s years-long civil war. 22/01/2022
Now playing Next Saudi Arabia Saudi Arabia says it foiled an attack by a boat off its Yanbu port A remotely-piloted boat laden with explosives targeted a Saudi port on Tuesday, according to reports from the state-run Saudi press agency. 27/04/2021
Now playing Next no comment Yemenis displaced as push to capture city of Marib continues Earlier this month, the Houthi rebels resumed a push to capture the city of Marib, located 120 kilometres east of the rebel-held capital Sanaa. 22/02/2021
Now playing Next The Cube Can Saudi-brokered ‘peace deal’ really help end Yemen war? Yemen’s Saudi-backed government and southern separatists signed a deal. But what change will the agreement actually bring? 07/11/2019
Now playing Next USA US to send troops to Saudi Arabia after attacks on oil installations Drone strikes on key Saudi oil installations last Saturday have reduced the flow of the world's oil supplies by about five percent. 21/09/2019
Now playing Next World Military strike on Iran will provoke 'all out war', says Zarif Speaking to CNN, Iran's foreign minister made the threat over claims in Washington that Iran was responsible for an attack on Saudi oil facilities last week. 19/09/2019