The US military launched new strikes in Yemen on Tuesday, targeting anti-ship ballistic missiles in a part of the country controlled by Houthi rebels.
Middle East
McDonald’s, Starbucks Experience Sales Decline as Israel-Hamas Conflict Drags On
McDonald's and Starbucks blamed the Israel-Hamas conflict for a sales drop in 2023. American restaurant giants McDonald's and Starbucks have pointed fingers at the ongoing conflict between Israel and Hamas as the reason for a decline in sales towards the end of 2023.
Joe Biden Issues Order Imposing Sanctions on Israeli Settlers Who Attack Palestinians in West Bank
President Joe Biden has issued an executive order targeting Israeli settlers who attack Palestinians in the West Bank.
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.
Latest News
Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.
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.
Shipping giants Maersk and Hapag-Lloyd have temporarily suspended their container ship travel through the Red Sea and the Bab el-Mandeb Strait in the Middle East, citing security risks.
The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.
Authorities in Israel are currently investigating unusual trading activities that occurred just days before the October 7 Hamas attack.
Airlines are grappling with a significant decline in bookings following the conflict between Israel and Hamas as people cancel trips to the Middle East and nearby countries.
Researches confirms that under the influence of glabal warming. Researchers said that as the temperature rises the wet regions get wetter and dry regions getting drier.
The worldwide pledge to conquer climate change is being materialized. World states, provinces, and regions are leading the way when it comes to setting and meeting climate goals, and are putting the possibility of keeping global warming from surpassing 2°C within reach.
