Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.
Tags: Houthi rebels
Red Sea Attacks by Houthi Rebels Affect Most UK Exporters, Survey Shows
A survey reveals that disruptions in the Red Sea have affected most UK exporters and manufacturers. A British Chambers of Commerce (BCC) survey has revealed that most UK exporters and manufacturers have been affected by Red Sea disruptions that stemmed from shipping attacks by Yemen's Iranian-backed Houthi rebels.
Houthi Rebels Fired at 2 Commercial Ships in Red Sea Days After US, UK Hit Dozens of Houthi Targets in Yemen
The Iranian-backed Houthi rebels fired missiles at two commercial vessels in the Red Sea on Tuesday, the first attacks since the US and UK launched strikes against dozens of Houthi targets in Yemen over the weekend.
Oil Climbs 1% After Houthi Rebels Attack on British Oil Tanker; Trafigura Assesses Red Sea Risks
Trafigura is evaluating the security risks of future Red Sea voyages following an attack on the company's Marlin Luanda oil tanker by Yemen-based Houthi rebels.
British Oil Tanker Hit by Houthi Missile After Group Fires at US Warship—China Urges Rebels to Stop Red Sea Attacks
A British oil tanker was reported to be engulfed in flames in the Gulf of Aden after Houthi rebels hit it with a missile on Friday after transiting the Red Sea.
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Shipping giant Maersk has announced its readiness to resume sailing through the Red Sea following the launch of a US-led multinational naval operation.
Following a series of attacks on ships in the Red Sea by Iranian-backed Houthi militants, shipping giants Maersk and Hapag-Lloyd have rerouted their vessels, opting for the longer Cape of Good Hope route in South Africa.
Oil giant British Petroleum (BP) has temporarily halted all its tanker transits via the Red Sea after attacks on ships by Iranian-backed Houthi militants based in Yemen escalated.
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