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Red Sea Tensions Sky-High, May Be Impossible to Contain Soon

Current tensions in the Red Sea and beyond are sky-high and may be impossible to contain in the near future, UN Secretary General Antonio Guterres said on Monday.

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Attacks on Yemen: How Will It Affect Global Oil Market?

Following the overnight joint US-UK attack against the Yemeni Houthis, there is major uncertainty regarding global oil prices that may skyrocket in case of serious military escalation, but there is a catch.

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Iranian Navy Detains US Oil Tanker in Gulf of Oman

Iran’s naval forces on Thursday detained a US oil tanker in the waters of the Gulf of Oman, Iran’s Tasnim news agency reported.

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US Trying to Convince Shippers to Resume Sailing via Red Sea Despite Attacks – Reports

The United States is taking steps to reassure shipping companies that it is safe to use the Red Sea and Suez Canal for cargo deliveries amid continued attacks by the Houthis, Bloomberg reported on Friday.

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China Advocates Solving Red Sea Tensions Through Dialogue

Beijing advocates solving pressing regional problems, including the current tensions in the Red Sea, through dialogue and political consultations, Chinese Defense Ministry spokesman Wu Qian said on Thursday.

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