Drone strike by Yemen’s Houthi rebels hits Tel Aviv, killing one and wounding at least ten
A Houthi drone attack on Tel Aviv caused one death and ten injuries, heightening fears of a broader regional conflict amid ongoing Gaza war tensions.
Houthi attacks
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Houthi Rebels claim targeting Israeli ships in Gulf of Aden and Indian Ocean, escalating tensions
The Iran-backed Houthis have escalated attacks on commercial shipping in vital maritime routes in recent months, which they say is retaliation for Israel's military offensive on Gaza last year.
Red Sea attacks: Shadow fleet shields Russian exports, Western costs rise
Houthi attacks in the Red Sea disrupt trade. "Shadow fleet" carrying Russian oil is likely safe due to unclear ownership. Western tankers rerouting, raising costs and emissions.
Houthi rebels intensify Red Sea strikes, Target Trafigura fuel tanker in Yemen
The Trafigura fuel tanker, a significant vessel in the energy supply chain, was reportedly hit in the latest Houthi offensive. The attack not only poses a direct threat to maritime activities in the Red Sea but also raises concerns about the safety and security of vital trade routes crucial for the global flow of goods and energy resources.
Freight through Suez Canal drops by 45% following Houthi attacks, UNCTAD reports
With the Suez Canal now experiencing a significant decrease in traffic, along with disruptions in grain and oil flows due to Russia's invasion of Ukraine and water shortages affecting the Panama Canal, the situation is undoubtedly dire.