Red Sea - Page 4

The Chinese government abstained from voting on the UNSC resolution condemning the wanton Houthi attacks on Red Sea shipping.

Energy prices have been pushing down inflation. The Red Sea conflict threatens to upend that.

The Shiite Houthi terrorist organization warned on Friday that American President Joe Biden will pay “a heavy price” for authorizing airstrikes alongside the United Kingdom against Houthi assets in Yemen.

Tesla stumbles over ‘Just-in-Time’ logistics and suspends production at Gigafactory as Iran-backed attacks interrupt supply chains. 

The Iran-backed Houthi terrorist organization of Yemen vowed on Wednesday to continue launching attacks on international shipping vessels in the Red Sea – but insisted it would only target vessels linked to Israel and that “international navigation in the Red Sea and the Arabian Sea is safe.”

The Financial Times (FT) reported on Wednesday that container ship traffic through the Red Sea and Suez Canal was down an astonishing 90 percent year-on-year for the first week of January – meaning attacks by the Iran-backed Houthi terrorist of Yemen have almost completely shut down one of the world’s most vital shipping lanes.

Indian Navy Chief of Staff Adm.R Hari Kumar said on Wednesday that India is beefing up its Arabian Sea naval presence to intimidate pirates.

India sent ten warships to deter the Iran-backed Houthis and other pirates but refused to join U.S.-led Operation Prosperity Guardian.

China’s state-run Global Times on Sunday noted the Red Sea shipping crisis has entered its third month — despite the Biden administration ostensibly putting together a multinational security alliance to protect ships from the Iran-backed Houthi terrorists of Yemen — so China is stepping in to offer its railroad network as a “viable alternative.”

Threats to shipping continued to escalate on Thursday, as an explosive-packed drone boat launched by the Houthi terrorists of Yemen exploded in the Red Sea, while a group of as-yet unidentified but possibly Somali pirates stormed a Liberian-flagged merchant ship near the coast of Somalia.

Maersk said it would divert all vessels around Africa instead of using the Red Sea and Suez Canal for the “foreseeable future”.

The U.N. Security Council (UNSC) on Wednesday held an emergency meeting to discuss missile, drone, and boarding attacks on Red Sea shipping by the Iran-backed Houthi insurgents of Yemen.

One of the UK’s largest retailers warns of stock shortages this year as strikes in Red Sea delay arrivals and send shipping prices spiralling. 

Danish shipping giant Maersk suspended Red Sea shipping again on Sunday, calling a 48-hour pause to reconsider its plans for resuming Suez Canal routes after the Iran-backed Houthi terrorists of Yemen attacked one of its container ships.

Britain “won’t hesitate” to join the U.S. and take “direct action” against Houthis in Yemen its Defence Secretary has said.

Tehran announced Monday it has sent a warship into the increasingly contested waters of the Red Sea as navies from other nations work to stem attacks from Iran-backed Houthi terrorists.

Ongoing tumult across the Red Sea driven by Houthi terrorist attacks spurred global shipping giant Maersk on Sunday to announce it was suspending the passage of vessels through the area for 48 hours.

U.S. Navy helicopters on Sunday sunk three Houthi boats, killing their crews, after the terrorists attempted to hijack a commercial vessel and were fired on in response to the besieged container ship’s distress call.

The Biden administration’s ballyhooed naval coalition scrapped together for the purpose of deterring missile and drone attacks on commercial ships in the Red Sea by the Iran-backed Houthi militia in Yemen is failing.

The Treasury Department announced a series of new sanctions on Thursday against companies accused of helping finance Yemen’s Houthi terrorist group, an attempt to limit the windfall of funding made available to the Houthis after President Joe Biden chose to delist them as a terror organization in 2021.

The U.S.-led task force President Joe Biden is looking to form for the protection of Red Sea commercial shipping from Houthi terrorist attacks is in trouble.

The effort by shipping companies to reroute traffic from the Red Sea around the Cape of Good Hope, thus avoiding drone and missile attacks by the Iran-backed Houthi terrorists of Yemen, is running into major logistical hurdles because African ports are not ready to accommodate the surge of massive container ships and tankers.

The Houthis are members of a jihadi movement that calls itself “Ansar Allah,” the Army of Allah. Its slogan is “Allahu Akbar, Death to the United States, Death to Israel, Curse the Jews, Victory for Islam.” President Joe Biden lifted Ansar Allah’s classification as a terrorist organization in February 2021.

On Tuesday’s broadcast of CNBC’s “Last Call,” CNBC Contributor and Managing Director and Global Head of Commodity Strategy for RBC Capital Markets Helima Croft stated that statements from the Biden administration have made it clear that the war in Gaza has

Economist warns Western fight against inflation faces a serious knockback as Iran-backed attacks set to send the cost of imports spiraling. 

India is deploying three guided missile destroyers to the Arabian Sea after a drone last week hit an “Israel-affiliated” merchant vessel off its western coast.

2023 was a landmark year for drone warfare as the use of unmanned aerial vehicles (UAV) became increasingly widespread among combatants of every size and ideology.

The Pentagon said more than 20 countries have signed up to protect Red Sea shipping against the Iran-backed Houthis, but it only named 12.

Sources in the shipping industry told Reuters on Thursday they are “in the dark” about the Biden administration’s new Operation Prosperity Garden, a multinational effort to protect Red Sea shipping from terrorist attacks by the Iran-backed Houthi terrorists of Yemen.

The leader of the Iran-backed Houthi insurgents of Yemen said his forces would attack U.S. warships in the Red Sea.

A vital U.S.-led mission to protect cargo shipping in the Red Sea has been met with offers of warships and aircraft from across the international community desperate to work together to keep the key trade artery free of terrorist interference.

Until the waterway is proven safe trade will avoid the area or risk it at a premium, forcing up the cost of imports on which the West relies. 

Shipping rates from China to Europe are soaring as a growing number of companies suspend and restrict transit through the Red Sea.

The Malaysian government has banned all Israeli-owned and -flagged ships from docking to show support for Hamas in the Gaza war.

The Chinese state-run propaganda outlet Global Times urged America to cede to the demands of Yemen’s Houthi terrorists.

The Chinese government was quick to cheer Australia’s rejection of a United States’ call to send a warship to help police vital Red Sea trade routes, gushing Wednesday that Canberra was finally stepping out of America’s “shadow.”