The Latest Breaking News from Yemen

Bombing comes after Houthis threaten retaliation and anti-ship ballistic missile is fired at vessel in Red Sea

Foreign policy displays in Yemen and Ukraine may win PM reflected glory – but capping inflationary pressures will be his foremost wish

The Houthis, also known as Ansar Allah (or “supporters of God”), are a violent militia group that currently exercise de facto control over much of northern Yemen. Formed in the 1990s, the group was named after its founder, Hussein Badreddin al-Houthi, and they follow the Zaidi branch of Shia Islam…

Critics on left and right furious that president failed to seek congressional approval for strikes against Houthi militants

France has blamed Iran-backed Houthis for an escalation in the Middle East after US and British strikes targeted them in Yemen on Friday. The French navy, meanwhile, has defended its use of expensive missiles to down Houthi drones used to attack shipping lanes in the Red Sea.

February WTI crude oil (CLG24 ) this morning is up +1.10 (+1.53%), and Feb RBOB gasoline (RBG24 ) is up +1.83 (+0.87%). Crude oil and gasoline prices this morning rallied to 2-week highs on an escalation of geopolitical risks in the Middle East after the U.S. and its allies launched...

KEIR Starmer is guilty of an “abandonment” of principles after appearing to U-turn on another of his “10 pledges”, a former Labour MP has…

Britain launched airstrikes on Houthi targets in Yemen overnight and the big question today is about escalation. 

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. Stocks this morning gave up early gains and are...