Day News Recap: Middle East tensions flare as Ukraine, Europe and markets react
Iran widened pressure on shipping by striking two commercial tankers outside the Strait of Hormuz within 24 hours, while a separate tanker was hit by multiple projectiles off the north coast of Qatar, deepening fears over Gulf trade routes. 🔗 🔗Those attacks fed a broader surge in Middle East risk, with oil and stocks swinging on renewed fears of supply disruption, and the G7 agreeing to release 100 million barrels of oil and diesel from emergency stockpiles over four months to cushion shortages. 🔗 🔗In Yemen and Saudi Arabia, the conflict escalated further as Riyadh said Houthi attacks on two... [Continue Reading]
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Breakfast News Recap: Middle East tensions flare as Israel marks 7 October anniversary and oil jumps
Oil prices and global stocks swung as traders reacted to renewed fears of disruption to Middle East supply routes, with crude rising on reports that Iran appeared to be preparing a response and investors watching the risk to shipping and energy flows. 🔗Security concerns widened after UKMTO said a tanker sailing off the north coast of Qatar was struck by multiple projectiles, adding to worries over maritime traffic in the Gulf. 🔗In the region’s wider conflict, Saudi Arabia said Houthi attacks on two airports killed three civilians, including three foreign nationals, and injured 36 people over two days, while Yemeni... [Continue Reading]
Yemen says Dawn of Yemen offensive has neutralised 1,860 Houthi fighters
Yemeni government forces say they have intensified their counter-offensive against the Houthis, claiming to have carried out 2,103 "precise targeting operations" since the launch of the "Dawn of Yemen" campaign. In a social media post early on Thursday local time, the government's army spokesperson said the strikes were directed at Houthi military positions across several fronts. The same statement said 1,860 Houthi fighters had been "neutralised" since the operation began.Rashad al-Alimi, chairman of Yemen's Presidential Leadership Council, announced the operation on Sunday with the stated aim of retaking all Houthi-held territory, including the capital, Sanaa. The latest claims come as... [Continue Reading]
Massive drone attack on Moscow region kills two as damage reports widen
Russian officials said the overnight Ukrainian drone assault on Moscow and nearby areas involved 290 drones targeting the capital region, while Moscow Mayor Sergei Sobyanin said 650 drones were heading towards the city. The attack killed two people and injured seven, according to regional governor Andrei Vorobyov, who said the dead were in Radumlya and Barbybino. Officials also said 47 houses, four apartments and three cars were damaged, and a warehouse fire was reported in the capital.Vorobyov said 185 drones were "destroyed or neutralised" over the wider Moscow region, while Sobyanin said most of the drones aimed at the city... [Continue Reading]
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