US Navy says the boat was carrying more than one million rounds of ammunition and was intercepted along a maritime route from Iran to Yemen. The United States Navy says it has intercepted a fishing trawler smuggling more than 50 tonnes of ammunition — including more than 1 million bullet rounds, thousands of rocket fuses, … Read more
DUBAI, United Arab Emirates (AP) — The U.S. Navy said Tuesday it found 70 tons of a missile fuel component hidden among bags of fertilizer aboard a ship bound to Yemen from Iran, the first-such seizure in that country’s yearslong war as a cease-fire there has broken down. The Navy said the amount of ammonium … Read more
Meetings between leaders of important nations are usually worthwhile even if they yield no immediate results. But there are exceptions. One was Neville Chamberlain’s 1938 Munich meeting with Hitler. Another: President Biden’s sit-down with Saudi Crown Prince Mohammed bin Salman last week. The president’s 24 hours in Jeddah were dominated by photos of his fist … Read more
DUBAI, United Arab Emirates — A British Royal Navy vessel seized a sophisticated shipment of Iranian missiles in the Gulf of Oman earlier this year, officials said Thursday, pointing to the interdiction as proof of Tehran’s support for Yemen’s Houthi rebels in the embattled country. The British government statement was striking in that it provided … Read more
US calls on Yemeni rebels to ‘end injustice’ and free current and former employees of the US embassy in Sanaa. The United States has renewed its call for Yemen’s Houthis to release detained US embassy staff after the death of a retired employee of the US Agency for International Development (USAID) who was in the … Read more
Oil prices tumbled at the start of this week as fears of a major supply crunch were alleviated somewhat. Upward pressure remains, however, with geopolitical risks mounting and a nuclear deal with Iran now looking uncertain. Oilprice Alert. To read what Oilprice.com’s geopolitical and trading experts have to say about Russia’s invasion of Ukraine, make … Read more