Tag: Red Sea

Home » Red Sea
India Condemns Houthi Strikes on Saudi Arabia, Warns of Growing Regional Security Threat
Post

India Condemns Houthi Strikes on Saudi Arabia, Warns of Growing Regional Security Threat

India has strongly condemned the recent Houthi attacks on Saudi Arabia, warning that the escalation poses a serious threat to regional peace, maritime security and the stability of critical energy and trade routes. The latest attacks, carried out by Yemen-based Houthi forces using missiles and drones, targeted several locations in southern Saudi Arabia, including areas...

US-Iran War Escalates as Houthi Attack Hits Saudi Oil Tanker; Trump Issues Fresh Threat, Kuwait Faces Drone Strikes
Post

US-Iran War Escalates as Houthi Attack Hits Saudi Oil Tanker; Trump Issues Fresh Threat, Kuwait Faces Drone Strikes

The conflict between the United States and Iran intensified further as military strikes, threats against critical infrastructure and attacks on commercial shipping raised fears of a wider regional confrontation. The latest escalation came as a Saudi-linked oil tanker was reportedly struck near Yemen, while Iran faced another round of US attacks and Kuwait reported that...

Oil Prices Could Surge Past $120 if Strait of Hormuz Disruptions Continue: Goldman Sachs
Post

Oil Prices Could Surge Past $120 if Strait of Hormuz Disruptions Continue: Goldman Sachs

Global oil prices could climb sharply in the coming months if disruptions to crude shipments through the strategically vital Strait of Hormuz continue, with Brent crude potentially rising above $120 a barrel by the fourth quarter, according to a Goldman Sachs assessment. The projection comes amid heightened geopolitical tensions in the Middle East and growing...