Now playing Next Israel EU concerned by 'domino effect' of Israel Hamas War EU Foreign Affairs chief Josef Borrell calls for parties to help halt escalation of the conflict in the Middle East, and the EU is worried that Israel might extend the war in Gaza to a 'pressure cooker' town near Egypt. 03/02/2024
Now playing Next Europe News EU naval mission to protect ships in Red Sea set to launch in 3 weeks A European Union naval mission to protect commercial shipping in the Red Sea from missile attacks by Houthi rebels in Yemen is expected to be launched on February 19, the bloc’s top diplomat announced on Wednesday. 31/01/2024
Now playing Next Economy EU price rises on the cards? Expert insight on Red Sea economic impact Houthi attacks in the Red Sea have disturbed vital trade routes connecting Europe, the Middle East and Asia. Euronews Business spoke to Dr. Yousef M. Alshammari, Senior Research Fellow at Imperial College London, to explore the consequences for the European and global economy. 31/01/2024
Now playing Next Economy Middle East tensions fuel chances of oil price surge Following a drone attack on a US airbase in Jordan, the Middle Eastern conflict could get worse. US President Joe Biden says his country "will hold all those responsible to account at a time and in a manner of our choosing". 29/01/2024
Now playing Next Yemen Crew extinguish fire on tanker hit by Houthi missile off Yemen The incident comes after US forces targeted the Iran-backed rebel group in a fresh airstrike. 27/01/2024
Now playing Next Yemen Euroviews. The Houthis are the epitome of 21st-century non-state actors The Houthi resistance against a coalition of regional and even far-off powers has only fueled their reputation, transforming them from a marginalised local group to an influential regional actor, Hafed Al-Ghwell writes. 25/01/2024
Now playing Next Economy Inflation risk as Red Sea attacks send shipping costs sky high Houthi attacks in the Red Sea have disrupted crucial trade routes between Europe, the Middle East, and Asia, leading to concerns of renewed inflationary pressures. 24/01/2024
Now playing Next Yemen Who are Yemen’s Houthi rebels? The group, a Zaidi Shiite movement that’s been fighting Yemen’s Sunni-majority government since the early 2000s, recently launched a series of attacks on commercial vessels in the Red Sea which have disrupted global trade. 23/01/2024
Now playing Next Yemen US launches another barrage of missiles against Houthi sites in Yemen The US Navy said missiles hit 14 Houthi military targets that were preparing to launch further salvos at merchant vessels. 18/01/2024
Now playing Next Europe News Red Sea crisis a risk for EU economy, trade chief warns Trade disruptions caused by instability in the Red Sea pose a risk for the EU’s economic outlook as well as the supply and price of energy, the bloc’s trade commissioner Valdis Dombrovskis warned on Tuesday. 16/01/2024
Now playing Next 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. 15/01/2024
Now playing Next 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. 15/01/2024
Now playing Next 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. 13/01/2024
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 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 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