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Bab Al Mandab Strait

All articles tagged with #bab al mandab strait

Cargo Ship Under Attack: Houthi Rebels Suspected in Red Sea Incident
maritime-security1 year ago

Cargo Ship Under Attack: Houthi Rebels Suspected in Red Sea Incident

A UK-registered cargo ship reported being under attack in the Bab al-Mandab Strait off Yemen, with the crew abandoning the vessel after an explosion. The ship, en route from the UAE to Bulgaria, contacted the Djiboutian Navy before returning to its previous course and speed. The UK Maritime Trade Operations received a report of an incident involving an explosion near a vessel, resulting in damage, and confirmed that the crew had abandoned the ship and were safe. The Houthi group in Yemen has been launching drone and missile attacks in the region, prompting some companies to alter shipping routes, while U.S. and British warplanes have conducted retaliatory strikes.

Red Sea Attacks Fail to Rattle Oil Market, Despite Demand Concerns and Record U.S. Production
energy2 years ago

Red Sea Attacks Fail to Rattle Oil Market, Despite Demand Concerns and Record U.S. Production

Despite the recent increase in Houthi ballistic missile and drone attacks on commercial vessels in the Red Sea, the oil market has not experienced significant price swings as experts had anticipated. The attacks have primarily targeted Israeli-linked vessels, while Saudi, Iraqi, and Russian tankers have been spared. Factors such as the availability of alternative shipping routes, the rewiring of global energy flows, and the lack of disruption to oil production have contributed to the market's relative calm. Additionally, tensions between Iran and the US over the war in Gaza have not affected Iran's oil exports.