IMF Reports Red Sea Tensions Cost Egypt 70% of Suez Canal Revenue

IMF Reports Red Sea Tensions Cost Egypt 70% of Suez Canal Revenue

On November 20, 2024, the International Monetary Fund (IMF) announced that ongoing tensions in the Red Sea have led to a staggering 70% drop in revenues from the Suez Canal, a vital source of foreign currency for Egypt. This statement followed the IMF's fourth review of Egypt's economic re...

U.S. Defense Secretary: Houthis See Themselves Less Dependent on Iran

U.S. Defense Secretary: Houthis See Themselves Less Dependent on Iran

Washington, D.C. – On November 21, 2024, U.S. Secretary of Defense Lloyd Austin stated that the Houthi group, classified as a terrorist organization, perceives itself as increasingly independent from Iran. He reaffirmed the United States' commitment to weakening the capabilities of the H...

British Maritime Authority Reports Chase of 12 Boats Near Aden Coast

British Maritime Authority Reports Chase of 12 Boats Near Aden Coast

On November 21, 2024, the British Maritime Trade Operations (UKMTO) reported an incident involving a merchant vessel pursued by up to 12 small boats approximately 74 nautical miles southwest of Aden. The captain of the ship detailed the encounter, stating that over two hours, the boats followed cl...

U.S. Official Expresses Deep Concerns Over Russian Support for Houthis

U.S. Official Expresses Deep Concerns Over Russian Support for Houthis

On November 19, 2024, a U.S. State Department official expressed significant concerns regarding Russia's serious engagement with the Houthi movement, which is internationally classified as a terrorist organization. This statement was reported by Business Insider. The official indicated that...

U.S. Defense Department Deploys F-35C Fighters Against Houthi Targets

U.S. Defense Department Deploys F-35C Fighters Against Houthi Targets

On November 13, 2024, the U.S. Department of Defense announced the deployment of F-35C fighter jets, operated by the U.S. Marine Corps, in recent operations against the Houthi group, which is designated as a terrorist organization internationally. According to the military-focused outlet "...

Pentagon Confirms Foiled Houthi Attack on U.S. Destroyers

Pentagon Confirms Foiled Houthi Attack on U.S. Destroyers

On November 12, 2024, the U.S. Department of Defense announced the successful thwarting of a Houthi attack involving multiple drones and missiles targeting two American destroyers as they transited the Bab al-Mandab Strait. Pentagon spokesperson Pat Ryder told reporters that the vessels were ta...

British Maritime Authority Reports Explosions Near Hodeidah Coast

British Maritime Authority Reports Explosions Near Hodeidah Coast

The British Maritime Trade Operations (UKMTO) reported on November 12, 2024, that a vessel was subjected to multiple explosions off the coast of Hodeidah, southwestern Yemen. According to a statement from UKMTO, a ship located 70 nautical miles southwest of Hodeidah reported several explosions ...

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...