Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
Category: Red Sea
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Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
The New York Times – Business: -
Attacks on Tankers in Mideast Surge, but Oil Exports Remain Steady
The New York Times – Business:Shipping operators are braving the Strait of Hormuz, but the risks are high and transportation costs have skyrocketed.
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Oil Prices Rise as Iran Steps Up Attacks and Fighting Intensifies
The New York Times – Business:In a volatile moment for energy markets, more vessels are being hit while transiting the Strait of Hormuz, while the Houthis and Saudi Arabia traded attacks.
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Mideast Oil Exports Rebound Even as Prices Remain Elevated
The New York Times – Business:More tankers are moving through the Strait of Hormuz as shippers gain confidence, but the global supply of oil is still below demand.
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Yemen’s Houthis Seize Strategic Red Sea Port, Officials Say
The New York Times – On the Runway:The Iran-backed militia routed Yemeni government forces in Mokha, putting the group in a stronger position to attack ships in a crucial waterway for global trade.
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Why Yemen Is Back on the Brink of War
The New York Times – On the Runway:The Houthi militia, the Yemeni government, Iran and Saudi Arabia all have reasons to escalate the conflict.
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Yemen Tilts Toward Full-Scale War as Saudi-Houthi Clashes Escalate
The New York Times – On the Runway:With its oil-export routes once again under threat, Saudi Arabia is stepping up its military campaign against an old antagonist.
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Houthis Claim Strike on Saudi Vessel as Red Sea Violence Escalates
The New York Times – On the Runway:The armed group, based in Yemen and backed by Iran, said it had launched missiles near the vital maritime trade route, in a conflict that shows no sign of abating.
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Four Killed in Houthi Strike on Red Sea Ship, Yemeni Government Says
The New York Times – On the Runway:The Yemeni government said the ship was carrying food supplies to a port on the Bab al-Mandab Strait. The Iran-backed Houthis have not commented on the attack.
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Oil Prices Rise to $90 a Barrel Over U.S.-Iran Stalemate
The New York Times – Business:The stalemate over the Iran war hardened and commercial shipping in the Strait of Hormuz continued to dwindle.
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Houthis Threaten to Expand Red Sea Attacks, and Claim Strike on Saudi Tanker
The New York Times – On the Runway:Saudi Arabia has not commented on the claim by the Houthis, who are backed by Iran and have vowed to close “all access routes” to Saudi oil shipments.
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The War That Could Swallow the World
The New York Times – On the Runway:Whatever is happening in Iran, it isn’t working.
