Tanker rates set to soar on Houthi attack fears in Red Sea
The plan would mirror Iran’s Strait of Hormuz tactics and could raise costs for most ships using the Red Sea route, Reuters said.
- Yemen's Houthi movement is trying to control shipping through the Bab el-Mandeb Strait, aiming to emulate Iran's strategy in the Strait of Hormuz, according to Yemen's Foreign Minister-designate Afrah Al-Zouba.
- The Houthis have launched attacks on Saudi ships, leading Saudi Arabia to respond with airstrikes on Houthi military targets, including in Yemen's port city of Hodeidah, raising concerns of a possible return to full-scale war.
- Saudi Arabia is forming an international coalition to protect Red Sea shipping from Houthi attacks amid growing risks to key global maritime and oil transport routes.
- The Houthis are considering imposing fees on commercial ships passing through the Bab el-Mandeb Strait or southern Red Sea, a move supported by Iranian advisers and opposed by Gulf and European nations.
136 Articles
136 Articles
The aim would be to transform the threat against international navigation into a source of funding for the terrorist organization on a sustainable basis.
The Houthi rebels are preparing, with the support of Iran, a ship tax system that transits the Bab el-Mandeb Strait of the Red Sea, supports the Yemeni government. According to the Aden authorities, the plan reproduces the model by which Tehran claims the right to levy taxes in the Ormuz Strait and risks amplifying tensions on one of the world's most important maritime routes.
The Houthis of Yemen, a group backed by Iran, have declared their own maritime blockade against Saudi Arabia’s transport, an escalation that could reactivate another latent regional conflict and threaten the global supply of oil. Bab el-Mandeb Strait may become the new bottleneck that can change the world’s balance. When it seemed that the Strait of Ormuz concentrated all journalistic attention, the Middle East has opened a second front of enorm…
Yemen's Minister of Information stated that the secret services confirmed the direct involvement of the Islamic Revolutionary Guard (IRGC) advisers in the development of a system of tolls imposed by the Houthi rebels for the tight Bab el-Mandeb, which follows Iran's claim to levy taxes in the Ormuz Strait. The Houthi armed group collaborates with Tehran to collect ...
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