Oil prices remain close to one-month high as Yemen announces Red Sea blockade US conducts 10th night of strikes on Iran despite attempts to secure 10-day ceasefire The Independent UK · Jul 21
How a Houthi blockade in the Red Sea tightens Iran's grip on global energy supplies Yemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global energy markets significantly. The Red Sea has become a critical alternative oil export route for the Gulf. Disruptions here, alongside the Strait of Hormuz, could cause a major energy crisis. The… The Economic Times · Jul 20
Yemen's Houthis announce a maritime embargo against Saudi Arabia Yemen's Houthi rebels have announced a maritime embargo against Saudi Arabia. This action follows recent attacks on Sanaa Airport and Abha airport. The rebels described the move as an 'eye for an eye' response. This maritime ban could pressure Saudi Arabia's oil exports. The threat comes after months of targeting… The Economic Times · Jul 20
Why the Red Sea remains one of the world's most dangerous shipping routes Red Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threaten vital energy markets. The Bab el-Mandeb Strait, an essential trade artery, is now under scrutiny as Houthi rebels have stationed missiles and drones nearby. This precarious situation… The Economic Times · Jul 20
Oil settles up on renewed US-Iran hostilities and threat of Red Sea closure Oil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States and Iran intensified attacks across the Gulf region. Shipping routes face potential closure, impacting global oil flows and prices. Saudi Arabia has redirected significant crude exports to avoid the Strait… The Economic Times · Jul 18
Euronews aboard EU warships in the Red Sea: Europe eyes wider mandate as Houthi threat grows In a special report from EU patrol ships in Djibouti, Kaja Kallas told Euronews that the 27-member bloc was discussing expanding Aspides' mandate and that ships pledged to a Hormuz coalition could be redeployed to the Red Sea in the interim. Euronews · Jul 17
Oil Price Today (July 17): Crude oil jumps 12% this week as Hormuz, Red Sea closure risks loom. What are experts saying? Brent crude futures gained $1.05, or about 1.25%, to $85.28 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose $1.03, or 1.3%, to $79.98 a barrel. The gains helped both benchmarks recover losses from the previous session. For the week, both oil benchmarks have rallied nearly 12%. Brent… The Economic Times · Jul 17
Oil rises on intensifying US-Iran hostilities and threat of Red Sea closure Oil prices climbed Friday as United States and Iran escalated attacks. The Strait of Hormuz oil flow is limited by the broken truce. Iran asked Houthi movement to prepare to close the Red Sea route. United States launched air strikes on Wednesday and continued firing. Oil security remains a critical… The Economic Times · Jul 17
As U.S.-Iran Tensions Escalate, Iran Has Reportedly Told a Key Ally To Stand Ready To Close Another Waterway Iran has reportedly told Yemen's Houthis to close the Bab el Mandeb strait in the Red Sea if clashes with the U.S. continue to escalate and Tehran makes the call. International Business Times · Jul 16
Iran asks Houthis to prepare for Red Sea shutdown if US strikes power sites Iran has requested the Houthi group to be ready to close the Red Sea oil route. This action would occur if the United States targets Iranian power infrastructure. The Houthis have completed preparations to deploy missiles and drones near the Bab el-Mandeb Strait. This potential disruption could further strain global… The Times of India · Jul 16
After the 'Invincible Red Line' Hormuz, Iran Reportedly Prepares Red Sea Blockade as Trump Escalates Infrastructure Strike Threats Iran has reportedly directed Yemen’s Houthi movement to prepare for the closure of the Red Sea oil route, a crucial global energy supply channel, in the event of a U.S. attack on Iranian power infrastructure. Benzinga · Jul 16
Iran tells Houthis to close Red Sea gateway if US hits power network, sources say In a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States carry out strikes on Iranian power facilities. Sources indicate that the Houthis are already positioning missiles and drones in proximity to Bab el-Mandeb strait. This potential blockade… The Economic Times · Jul 16
Iran eyes the Red Sea: How it can control the vital maritime chokepoint Iran has signalled that it could expand pressure beyond the Strait of Hormuz to another of the world's most critical maritime chokepoints, the Bab el-Mandeb Strait at the southern entrance to the Red Sea. The warning comes as disruptions in Hormuz continue to strain global energy markets and shipping. The Times of India · Jul 16
Saudi Arabia is building a giant car-free region beside the Red Sea, but its futuristic city plans have changed Back in 2017, Saudi Arabia announced something that sounded almost too big to be real, an entire new region along the Red Sea coast, bigger than Belgium, built from scratch around clean energy, zero cars and a completely new way of living. Called NEOM, the project's most famous piece was… The Times of India · Jul 15
Latin Times · Jul 15 What Is the Bab el-Mandeb Strait? Why Iran's Latest Threat Could Shake the Global Economy The Bab el-Mandeb Strait, often called the "Gate of Tears," has emerged as one of the world's most closely watched waterways after Iran and its Houthi allies signaled it could become the next major flashpoint in the escalating Middle East conflict.
France 24 · Jul 15 Iran threatens to cut off vital seaways in response to Trump's renewed blockade After closing the Strait of Hormuz, Tehran on Wednesday threatened to shut additional energy export routes including the Bab el-Mandeb gateway to the Red Sea, a major global shipping route through which Saudi Arabia exports its oil. The warning comes after the US launched a fresh round of strikes on…
The Economic Times · Jul 14 After Hormuz, Iran turns to Red Sea gateway as new pressure point Iran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital energy supplies through the Red Sea. Houthi attacks on shipping have already forced major companies to reroute vessels. Analysts suggest Iran is widening the conflict and increasing pressure…
The Times of India · Jul 10 Saudi Arabia's 90-island Red Sea project is being called the 'Maldives of the Middle East'; know why For decades, the conversation around high-end beach holidays has been dominated by a familiar collection of destinations. The Maldives, parts of the Caribbean and a handful of Indian Ocean islands have become shorthand for turquoise water, private villas and secluded escapes. Saudi Arabia is now attempting to enter that conversation…
Euronews · Jul 9 'Maldives of the Middle East': Saudi Arabia's Red Sea project takes shape Saudi Arabia is developing a luxury Red Sea destination of untouched islands, coral reefs, desert and mountains to entice the world’s most exclusive travellers.
International Business Times · Jul 7 Saudi Arabia Reportedly Considering Move To Reduce Its Reliance On Hormuz Strait As Iran Seeks To Tighten Its Grip Saudi Arabia is reportedly considering expanding its pipeline to the Red Sea to reduce its reliance on the Hormuz Strait.
The Economic Times · Jul 7 Container carriers eye return to Red Sea route Vessels will now use the shorter route instead of going around Africa. This shift impacts shipping rates and capacity as demand rises.
The Independent UK · Jul 6 I found a desert oasis by Egypt’s Red Sea that combines comfort with adventure Adventure lover Lucy Smith discovers there’s more to Hurghada’s white sand coast than the all-inclusive bubble
The Economic Times · Jul 5 British military says cargo ship reports being under attack in the Red Sea off the coast of Yemen A cargo ship faced an attack Sunday off Yemen's coast in the Red Sea, near Hodeida. Unknown assailants targeted the vessel, prompting an investigation. This incident follows recent threats from Houthi rebels to resume attacks on shipping. The region has seen increased maritime incidents, including piracy, impacting global trade routes.
Euronews · Jul 5 Cargo ship reports being attacked in the Red Sea, maritime agency says "Vessels are advised to transit with caution and report any suspicious activity to UKMTO," the agency said.
The Times of India · Jul 5 Cargo ship under attack 'by unknown armed assailants' in Red Sea, says British military A cargo ship faced an attack in the Red Sea near Yemen's coast, the UK military confirmed Sunday. The vessel reported being targeted by unknown armed individuals. Investigations are underway, with no immediate details on the ship or any damage. While Houthi rebels have previously threatened such actions, no group…