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The Latest Breaking News from Red Sea

Naval Attacks In Red Sea Force Tesla To Pause Berlin Gigafactory For Two Weeks

The conflicts in the Red Sea and attacks on transport vessels are starting to take effect on the European economy, which sources components from Asia.

InsideEVs

Predicting the 2024 Energy Stock Gainers: XOM vs. VLO

To capitalize on the potential significant rise in oil prices due to geopolitical tensions this year, which of the two energy stocks, Exxon Mobil Corporation (XOM) and Valero Energy Corporation (VLO), could provide better returns this year? Read more to find out.

StockNews.com

Oil prices rise on fears of wider regional conflict after strikes on Houthi targets

Oil prices jumped over 2 percent after the US and UK carried out strikes on Houthi-controlled areas in Yemen, amid fears of an escalation of the conflict in the Middle East. Major shipping companies stopped travelling through the Suez Canal and Red Sea routes in early December after a spate…

France 24

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Tesla Temporarily Halts German Factory Production Amid Red Sea Attacks

Tesla's German factory temporarily halts most production due to attacks in the Red Sea, disrupting global supply chains and shipping routes.

Top News

Tesla puts German factory production on hold as Red Sea attacks disrupt supply chains

Tesla says it’s temporarily halting most of production at its German factory because of attacks in the Red Sea, a vital global shipping corridor

The Independent UK

Tesla pauses German production after Red Sea shipping attacks

Delays in delivery of parts result in suspension of manufacturing at factory near Berlin for two weeks

The Guardian - UK

Government fears UK economy could shrink in face of attacks on shipping in Red Sea

US and UK launch airstrikes against Houthis, which has targeted international cargo ships in Red Sea

The Independent UK

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How the US, UK bombing of Yemen might help the Houthis

The Yemeni group could gain from a raised domestic and international profile, with a superpower taking them on.

Al Jazeera

Oil Rallies As US, UK Strike Houthis, Stocks Mixed After US CPI

Oil prices surged Friday after US and UK forces launched strikes against Iran-backed Houthi rebels in Yemen following attacks on ships in the Red Sea, fuelling worries about a wider conflict in the crude-rich region.

Latin Times

Strikes on Houthis could bring Biden closer to the regional war he sought to avoid

The strikes by the US, UK and their allies came after continued Houthis attacks on Red Sea shipping

The Guardian - AU

US-led coalition strikes Houthi targets in the Red Sea region

Learn about the recent strikes in the Red Sea and the United States' response to Houthi attacks. Discover the potential consequences and future actions in ...

Top News

EAM Jaishankar, Blinken discuss Red Sea attacks, Gaza, Ukraine

The United States and India discuss shared concerns over Houthi attacks in the Red Sea and Gulf of Aden, emphasizing the need for increased cooperation in defending freedom of navigation.

The Hindu

US-led strikes on Yemeni rebels draw attention back to war raging in Arab world's poorest nation

U.S.-led airstrikes on Yemen’s Houthi rebels over their attacks on shipping in the Red Sea have pulled the world’s focus back on the yearslong war raging in the Arab world’s poorest nation

The Independent UK

Oil Rallies As US, UK Strike Huthis, Stocks Mixed After US CPI

Oil prices surged Friday after US and UK forces launched strikes against Iran-backed Huthi rebels in Yemen following attacks on ships in the Red Sea, fuelling worries about a wider conflict in the crude-rich region.

International Business Times

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The Guardian - UK

US and UK strike Houthi sites in Yemen in response to ‘unprecedented’ attacks

Joe Biden says he ‘will not hesitate to direct further measures’ to protect international waterways after attacks on Red Sea shipping

France 24

Hundreds of thousands protest in Yemen after US and UK strike Houthi targets

Hundreds of thousands of Yemenis took to the streets in several cities on Friday to condemn the US and UK strikes on their country, in response to weeks of disruptive attacks on Red Sea shipping by Iran-backed Houthi rebels, who say they act in solidarity with Palestinians in Gaza.

Top News

Tesla Berlin halts production for two weeks due to supply gap

Tesla's Berlin factory will halt most production for two weeks due to a supply shortage of Red Sea minerals, impacting the electric vehicle manufacturer's ...

The Guardian - UK

US and UK prepare to launch strikes against Houthis in Yemen

Experts believe western allies most likely to target coastal sites in attempt to halt spate of Houthi attacks in Red Sea

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The Independent UK

Rishi Sunak holding full Cabinet over potential strike after Houthi Red Sea attacks

Emergency Cobra meeting said to have taken place on Thursday morning followed by a meeting of the National Security Council

The Independent UK

Iran seizes oil tanker off Oman as Middle East tensions rise

Seizure comes as the Iran-backed Houthis attack ships in the Red Sea

The Guardian - UK

Global trade falls amid Houthi attacks on merchant ships in Red Sea

Maersk boss says it could take months before trade route is safe to traverse

Al Jazeera

Any US attack on Yemen’s Houthis will ‘not go without response’

Houthi leader says any US attack will trigger a greater response as the group steps up attacks in the Red Sea.

International Business Times

Attacks On Red Sea Shipping Mount, But Confronting Huthis Carries Risks

A spate of attacks by Yemeni rebels on Red Sea shipping has disrupted the vital trade route, but experts say stopping them appears difficult at best -- and risky at worst.

Evening Standard

Who are the Houthis? Sunak to address MPs in Parliament

US intercepted missile fired from Houthi strongholds towards a naval destroyer on Sunday

Top News

Red Sea Attacks Cause 1.3% Drop in Global Trade

Global trade has fallen by 1.3% due to recent attacks on the Red Sea. The IfW Kiel Institute sheds light on the impact of tensions between Israel, Palestin...

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