Tue, 21-Oct-2025

Concerns rises over potential spike in oil prices after red sea attacks

Concerns rises over potential spike in oil prices after red sea attacks

Houthi rebels in Yemen are reportedly targeting vessels believed to be headed for Israel. US Defense Secretary Lloyd Austin urged more nations to contribute to security efforts. The Red Sea is crucial for oil, natural gas shipments, and consumer goods. Analysts are warning that recent attacks by Houthi rebels in Yemen on commercial ships in … Read more