English

More about this topic

Business

Euroviews. The Red Sea conflict may see Europe's economic concerns heighten

All the goods and merchandise travelling by container will not only reach their destination late but prices will now reflect increased costs. This will mean higher prices on shelves which, in turn, will lead to an overall increase in inflation, Osama Rizvi writes.

Yemen

Houthi rebels fire cruise missile at American destroyer in Red Sea

This was the first reaction from Houthis since the US and UK launched strikes against their bases and launch sites in Yemen.

Yemen

US military strikes another Houthi target in Yemen despite UN requests

The US military carried out another strike on a Houthi-controlled site in Yemen early Saturday, targeting a location which they considered to pose a threat to commercial vessels in the Red Sea. This action followed a series of airstrikes by the US and Britain against Houthi rebels on Thursday.

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.

ADVERTISEMENT

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.

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.

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Stay informed on the latest developments involving the Houthis, the Yemeni rebel group. Get updates on the ongoing conflict, peace efforts, and humanitarian crises affecting Yemen and the region.