TAG: shipping

Expensive fuel and million dollar missiles: Counting the cost of the Red Sea crisis

The combat reports from Western navies operating in the Red Sea in recent days read like missives fr...

8 months ago

Iran’s allies are attacking the West. What happens next?

Tensions are soaring across the Middle East after Washington vowed to respond to a drone attack by I...

8 months ago

Middle East crisis: Houthis hit cargo ship with missile off Yemen

A container ship sailing through Yemeni waters was struck Monday by a rocket launched by Houthi figh...

8 months ago

Houthis vow to continue Red Sea attacks despite US-led strikes

Western airstrikes against Houthi positions in Yemen overnight won't stop its fighters from harassin...

8 months ago

Middle East braces for chaos as Iran and West square up

Western warplanes and guided missiles roared through the skies over Yemen in the early hours of Frid...

8 months ago

Turkey must stop blocking Ukraine minehunters, ex-NATO supreme commander warns

Turkey's decision to stop two naval ships from being handed over to Ukraine is at odds with its comm...

8 months ago

The Gaza war is escalating. How bad will the Middle East crisis get?

On October 7, Hamas fighters launched a bloody attack against Israel, using paragliders, speedboats...

8 months ago

How Houthi rebels are threatening global trade nexus on Red Sea

The U.S. is mustering an international armada to deter Iranian-backed Houthi militias from Yemen fro...

8 months ago

Yemen: West ignored our warnings about Houthis to court Iran for nuclear deal

BRUSSELS — The U.S. and EU were so determined to court Iran for a nuclear deal over recent years tha...

8 months ago

Red Sea attacks strain Europe’s supply chains

Cargo shipments between Asia and Europe are being disrupted by continued attacks on vessels in the R...

8 months ago

Greek ship hit by missile as Houthis ramp up Red Sea attacks

A Greek-owned, Maltese-flagged cargo ship was reportedly hit by a rocket as it sailed close to the c...

8 months ago

How China ended up financing the Houthis’ Red Sea attacks

China is unwittingly helping Iran choke off ship traffic in the Red Sea, impairing global trade flows and damaging Beijing’s own interests in the process, Western intelligence officials say.China’s illicit purchases of Iranian oil are indirectly financing...

6 months ago

Hungary’s new gas deal fuels Russia fears

Turkey's landmark gas deal with Hungary is giving Budapest a much-needed energy lifeline — but may be opening a new backdoor for Russia to re-establish its grip on Europe's power systems, analysts warn.Hungary has been searching for new gas sources as it...

6 months ago

France talks tough on Ukraine while gobbling up more Russian gas

BRUSSELS — Put your money where your mouth is.Such grumbling is percolating across Europe as new data reveals France quietly ramping up gas payments to Russia just as President Emmanuel Macron loudly positions himself as one of Ukraine’s staunchest defend...

6 months ago