A Year After Houthi Attacks in the Red Sea: Impact on Gaza and Yemen

A Year After Houthi Attacks in the Red Sea: Impact on Gaza and Yemen

About a year ago, the Houthi group, classified as a terrorist organization, announced the start of its attacks on commercial ships heading to Israel through the Red Sea, claiming to support the Palestinian resistance in Gaza and pressure Israel to stop its war against the Palestinian people. Re...

Iranian Navy's 100th Fleet Stationed in Gulf of Aden, Reports IRNA

Iranian Navy's 100th Fleet Stationed in Gulf of Aden, Reports IRNA

The Iranian news agency IRNA reported on November 6, 2024, that the Iranian Navy's 100th fleet has been deployed in the Gulf of Aden, off the southern coast of Yemen. According to Admiral Aria Shafqat Roudsari, head of the Khomeini Naval University in Noshahr, the deployment is crucial for ...

US Support for Israel Boosts Houthi Gains Amid Regional Tensions

US Support for Israel Boosts Houthi Gains Amid Regional Tensions

A report by the Washington Post on November 4, 2024, highlights how the Houthi movement, designated as a terrorist organization, has capitalized on the United States' backing of Israel during its military actions in Gaza. The article discusses recent US efforts in the Middle East, particula...

Reuters Confirms Houthi Attempt to Target Commercial Ship Fails

Reuters Confirms Houthi Attempt to Target Commercial Ship Fails

On Tuesday, October 29, 2024, Reuters reported that an attempt by the Iran-backed Houthi group, designated as a terrorist organization, to target a Liberian-flagged commercial ship operated by Greece in the Red Sea near the coast of Yemen has failed. According to a maritime security source cite...

Maritime Security Firm Reports Two Explosions Near Yemeni Coast

Maritime Security Firm Reports Two Explosions Near Yemeni Coast

On Monday, October 28, 2024, the British maritime security company Ambrey reported two explosions near the Yemeni region of Dhubab. The company stated that a commercial vessel had reported the explosions occurring approximately 14 nautical miles southwest of the coastal city of Dhubab in the Ta...

Houthi Attacks Lead to Surge in Air Cargo Shipments to Saudi Arabia

Houthi Attacks Lead to Surge in Air Cargo Shipments to Saudi Arabia

According to Arabian Gulf Business Insight, Houthi attacks on shipping vessels in the Red Sea have resulted in a more than 50% increase in air cargo shipments to Saudi Arabia. The American platform, which specializes in reporting on economic and trade trends in the Gulf and the broader Middle E...

Reuters: Houthis Send Threatening Emails to Shipowners

Reuters: Houthis Send Threatening Emails to Shipowners

On Thursday, October 3, 2024, Reuters reported that the Iran-backed Houthi group, designated as a terrorist organization internationally, has been sending threatening emails to commercial shipowners operating in the Red Sea. According to the agency, "On a warm spring night in Athens, just ...

British Reports Indicate Damage to Two Ships in Attacks Near Hodeidah

British Reports Indicate Damage to Two Ships in Attacks Near Hodeidah

British maritime trade authorities reported on Tuesday that two ships sustained damage from missile and drone attacks off the coast of Hodeidah, Yemen. Fortunately, the crews of both vessels are reported to be unharmed. The UK Maritime Trade Operations (UKMTO) issued a statement confirming that...

Egypt Reports 25% Decline in Suez Canal Revenues

Egypt Reports 25% Decline in Suez Canal Revenues

Egypt announced on Tuesday that revenues from the Suez Canal dropped by 25% in the last fiscal year, which ended in June, largely due to ongoing regional tensions. A report from the Central Bank of Egypt revealed that Suez Canal revenues amounted to $6.6 billion, down from $8.8 billion in the p...