#redsea

41 posts · Last used Sep 13

China is running two lines into a war it says it is ending: an arms contract for up to 400 shoulder-fired launchers through a Hong Kong intermediary, and a passage arrangement clearing its own tankers through the southern Red Sea. Beijing calls the report groundless. Free, every source linked. https://fault-line.io/extra-006/?utm_source=mastodon&utm_medium=social&utm_campaign=extra&utm_content=extra-006 #China #Iran #RedSea
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🟡 MaritimeSecurity | 7/10 🇸🇦 🇾🇪 Insurance companies stop insuring ships with Saudi connections in Red Sea following Houthi attacks on Saudi tanker Lloyd's of London reports that insurers are halting coverage for ships linked to Saudi Arabia in the Red Sea due to attacks by Yemeni Houthi rebels on a Saudi tanker. Existing policies are also being prepared for cancellation. #OSINT #NewsGroup #Houthi #RedSea #MaritimeThreat #SaudiArabia
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#Oil prices leap to over $100 a barrel after #US & #Iran & #Houthi attacks. A jump of about 40% just this month. The price of oil hit $100 a barrel on Thursday for the first time since May, after Iran’s Houthi allies in #Yemen claimed to have struck two #SaudiArabia tankers in the #RedSea, & the #UnitedStates & Iran launched more attacks overnight. #TrumpsWar #IranWar #ForeverWars #Trump #law #Congress #WarPowers #NationalSecurity #MiddleEast #economy #EnergyCrisis
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The price rebound in Brent crude #oil over the past few weeks reflects growing concern about the expanding conflict, which now extends from the #PersianGulf to the #RedSea. Both arteries are vital to the global #energy #trade. The #Houthi threat to prevent ships from traveling to & from #SaudiArabia ports on the Red Sea has complicated travel in an area that was serving as an alternative to the #StraitOfHormuz, where #Iran & the #US are warring for control. #IranWar #Trump #economy
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