Source link Houthi attacks in the waterway have prompted many companies to redirect vessels to longer and more expensive routes The cost of shipping fuel by sea has in some cases soared above $100,000 a day due to continued disruptions in the Suez Canal and Red Sea caused by attacks by the Houthi rebels, Bloomberg […]
Source link Prolonged Houthi attacks on ships risk devastating effects on the global economy, according to OilPrice Higher freight costs and delays in cargo deliveries amid the Red Sea crisis could drive up global inflation, according to an OilPrice report this week, citing analysts. The disruptions to global trade caused by continued Houthi attacks on […]
Source link Maersk has suspended operations in the region after militants fired at two of its vessels The US branch of Danish shipping giant Moller-Maersk has said it will follow its parent company and stop sending merchant vessels through the Suez Canal and Red Sea due to attacks by the Yemen-based Houthis. The Houthis – a […]
Source link The Indian foreign minister has warned against the Israel-Hamas war spilling into other parts of the Middle East New Delhi on Friday stressed that the “humanitarian crisis” in Gaza, currently under siege by Israeli troops, needs a “sustainable solution” for “immediate relief.” It urged the 120 member states of the Non-Aligned Movement (NAM) […]
Source link Houthi rebel attacks on container ships have reduced traffic through the Suez Canal The ongoing disruption to shipping in the Red Sea is more damaging to global supply chains than the impact of the Covid-19 pandemic, according to data from maritime advisory firm Sea-Intelligence. Yemen-based Houthi rebels have carried out dozens of drone […]
Source link The official was gunned down in broad daylight by assailants with suspected links to organized crime The Ecuadorian prosecutor tapped to investigate last week’s dramatic assault on a local television studio has been shot dead, according to the country’s attorney general. The TV station takeover was broadcast live on air, with several employees […]
Source link After winning Iowa’s Republican Caucuses, the ex-US president has claimed he can achieve “peace through strength” Donald Trump has marked the first victory in his campaign to reclaim the US presidency by reiterating a boast that he will quickly end the Russia-Ukraine conflict when he returns to the White House. Speaking after securing […]
Source link The upward moves in crude prices have so far shown no signs of panic-buying, although investors remain on edge Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews Last week’s airstrikes in Yemen by the US and UK are prompting concerns about […]
Source link New Delhi and Tehran share common goal of “mitigating global concerns” about the Middle East as conflict there escalates Foreign Minister of India Subrahmanyam Jaishankar is planning to visit Iran in the coming days to discuss the ongoing war in Gaza as well as the situation in the Red Sea, where Yemen-based Houthi […]
Source link The UAVs, manufactured in collaboration with Israel, will be deployed along the western coast The Indian Navy received its initial batch of four domestically produced Medium Altitude Long Endurance (MALE) drones on Wednesday. This acquisition is expected to bolster the navy’s maritime capabilities, particularly in light of escalating tensions in the Red Sea […]
Source link Security officials have freed TV station employees that were held at gunpoint by criminal gangs The hostage crisis at a TV station in Ecuador’s largest city, Guayaquil, has ended with all assailants detained and captives rescued, national police chief Cesar Augusto Zapata Correa announced on Tuesday evening. Masked gunmen invaded the headquarters of […]
Source link Attacks by the Houthis are driving up shipping rates and causing a drop in deliveries India could lose billions in exports this fiscal year due to threats to cargo vessels posed by Houthi attacks in the Red Sea, Bloomberg reported on Monday, citing a study by a New Delhi-based think-tank. The country’s exports […]
Source link A new survey has shown that US voters of all political stripes believe their country is being overrun by illegal aliens Nearly two-thirds of US voters see the record influx of illegal aliens streaming across the nation’s southern border as not just a crisis, but an “invasion,” a new Rasmussen Reports poll has […]
Source link The current administration has claimed that the opposition party is standing in the way of securing the border US President Joe Biden’s administration has responded to the political fallout over a record influx of illegal immigrants by trying to shift blame for the border crisis to Republican lawmakers. As House Speaker Mike Johnson […]
Source link The conflict is an issue for all Muslims and Christians around the world, Ahmet Davutoglu has told RT The Israeli-Palestinian conflict could become a global crisis if the fighting spreads to Lebanon, Yemen, and Iran, former Turkish Prime Minister Ahmet Davutoglu has told RT. The politician accused the US of adding fuel to […]