the Bab el Mandeb Strait
No mentions found
This entity hasn't been tracked yet, or Iris is still building its knowledge base.
Related Articles from SNS
Iran's threats against this Red Sea chokepoint are a big vulnerability for the oil market
President Donald Trump faces the risk that Iran will close the Bab el-Mandeb Strait if the conflict in the Middle East escalates, a scenario that would slash oil supplies to an already deeply disrupted market. The Bab el-Mandeb is one of the world's key trade chokepoints, connecting the Red Sea to the Gulf of Aden and Arabian Sea. It has acted as crucial relief valve for the oil market as exports through the Strait of Hormuz have plunged due to Iranian attacks on tanker and cargo ships.
Latest Houthi Shipping Threat Is Blunted by Thin Red Sea Traffic
DJIBOUTI, DJIBOUTI - JANUARY 17: Tankers are seen at sea on January 17, 2024 in Djibouti, Djibouti. Attacks on commercial ships by Yemen's Houthi rebel group, who say they are acting in protest of Israel's war in Gaza, have imperilled a vital global shipping route through the Bab-el-Mandeb strait that lies between Yemen and Djibouti and connects the Gulf of Aden and Red Sea.
Houthis join Iran war fight, threatening Red Sea shipping amid Hormuz closure
Yemen's Houthis declared a ban on Israeli shipping in the Red Sea and claimed a missile strike on Israel, with the Bab el-Mandeb and Hormuz blockades now simultaneously threatening roughly a third of the world's seaborne oil and gas. Yemen's Houthi rebels have joined the fight in the Iran war on Tehran's side, announcing a missile attack on Israel on Monday and declaring a ban on Israeli shipping in the Red Sea, putting the waterway in danger along with the Gulf of Aden and the narrow Bab...
Live: Trump says Netanyahu agreed not to send Israeli troops to Beirut
Trump says Netanyahu agreed not to send Israeli troops to Beirut President Donald Trump on Monday said he had persuaded Israeli Prime Minister Benjamin Netanyahu not to send troops to southern Beirut. The phone call between the US and Israeli leaders came after Iran's Revolutionary Guards threatened to open "new fronts" and keep the Strait of Hormuz closed due to Israel's offensive in Lebanon. Follow our liveblog for the latest updates.
Benjamin Netanyahu's assault on Beirut halted after Donald Trump's phone rant
Benjamin Netanyahu's assault on Beirut halted after Donald Trump's phone rant Donald Trump launched an "expletive laden rant" against Israeli leader Benjamin Netanyahu to stop the Beirut attack amid fears Iran will ditch peace talks and activate feared Yemeni Houthin rebels Fighting between Israeli forces and Hezbollah has broken out in southern Lebanon despite US claims a partial ceasefire had been agreed. The confusion has been boosted by claims US President Donald Trump launched an...
Live: Wall Street rebounds after semiconductor rout, OpenAI files to list
live Live: Wall Street rebounds after semiconductor rout, OpenAI files to list Wall Street markets have rebounded after yesterday's semiconductor rout, while artificial intelligence giant OpenAI has filed to become a public company. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
Oil prices ease as Iran and Israel pause attacks; Brent, WTI retreat from recent highs
Oil prices eased on Tuesday after a volatile trading session, as Iran and Israel paused attacks on each other, reducing immediate concerns over disruptions to energy supplies. The pullback came after both countries said they had stopped attacking each other following an appeal from US President Donald Trump. However, Tehran warned that it would resume strikes if Israel continued targeting Hezbollah in Lebanon.
Iran ‘pulls out of peace talks with US’ as Israel orders troops to push into Lebanon
Iran ‘pulls out of peace talks with US’ as Israel orders troops to push into Lebanon Mohsen Rezaee, an adviser to Iran’s supreme leader, said the “patience of the armed forces... has its limits”, threatening that Iran would not tolerate the continued US military blockade - Bookmark - CommentsGo to comments Iran has pulled out of negotiations to end the war with the United States after Israel ordered troops to push deeper into Lebanon, Iranian media reported on Monday, derailing hopes of an...
Oil prices jump after US-Iran talks collapse, erasing recent declines
The price of oil rose sharply on Monday, after Iranian government-aligned media reported that the country was cutting off talks with the United States to end the ongoing war. U.S. crude oil soared as much as 8.5% to nearly $95 per barrel, an increase of almost $8. International Brent crude climbed as much as 7.3% to more than $97 per barrel, a $6 spike.
Iran studying deal to halt war as stalemate persists
Iran studying deal to halt war as stalemate persists DUBAI: Iran is reviewing a proposed agreement with the United States to halt the war between the two countries, Iran's Mehr news reported on Tuesday (Jun 2), after US President Donald Trump said talks to reach a deal were continuing. More than three months after the US and Israel launched strikes against Iran, the conflict has hardened into a stalemate, while largely indirect talks to negotiate an interim deal have proved inconclusive,...