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Tag: the Red Sea

Record US Stock Rally Is Under Threat From a World in Turmoil

Record US Stock Rally Is Under Threat From a World in Turmoil

February 17, 2024February 18, 2024 · Business

(Bloomberg) — Investors and firms are flagging that the war in the Middle East poses a major risk for earnings as boycotts dampen sales and Red Sea shipping…

Read more Record US Stock Rally Is Under Threat From a World in Turmoil
Exclusive-China presses Iran to rein in Houthi attacks in Red Sea, sources say

Exclusive-China presses Iran to rein in Houthi attacks in Red Sea, sources say

January 25, 2024January 25, 2024 · US News

By Parisa Hafezi and Andrew Hayley DUBAI (Reuters) – Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by…

Read more Exclusive-China presses Iran to rein in Houthi attacks in Red Sea, sources say
Oil Advances as Iran Warship in Red Sea Ratchets Tensions Higher

Oil Advances as Iran Warship in Red Sea Ratchets Tensions Higher

January 2, 2024January 2, 2024 · Business

(Bloomberg) — Oil rose in New Year trading after Iran sent a warship into the Red Sea, escalating Middle East tensions, and as the outlook for Chinese crude…

Read more Oil Advances as Iran Warship in Red Sea Ratchets Tensions Higher
US Navy helicopters kill Iran-backed Houthi fighters attempting to board a cargo ship in Red Sea

US Navy helicopters kill Iran-backed Houthi fighters attempting to board a cargo ship in Red Sea

December 31, 2023December 31, 2023 · US News

Navy helicopters fired on Iran-backed Houthi gunmen attempting to hijack a cargo ship. The helicopters returned fire in self-defense, sinking three of the four small boats, and killing…

Read more US Navy helicopters kill Iran-backed Houthi fighters attempting to board a cargo ship in Red Sea
U.S. stock rally could wobble if tensions spike after Red Sea attacks

U.S. stock rally could wobble if tensions spike after Red Sea attacks

December 3, 2023December 3, 2023 · Business

By Krystal Hu and Ira Iosebashvili (Reuters) – An attack on an American warship and commercial vessels in the Red Sea on Sunday risks reigniting investor worries about…

Read more U.S. stock rally could wobble if tensions spike after Red Sea attacks
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