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US Proposes Naval Coalition Amid Red Sea Attacks

OIL

The US Special Envoy for Yemen, Time Lenderking, told Reuters that the government wanted the “broadest possible” maritime coalition to safeguard ships transiting through the Red Sea.

  • Iran’s Defence Minister, Mohammad Reza Ashtiani cautioned that a naval-force coalition risked facing extraordinary problems and said “nobody "can make a move in a region where we have predominance," according to Reuters.
  • Arracks in the region have accelerated in recent days as the Houthis look to show support for Hamas.
  • Maersk Tankers is to insist its fuel tanker fleet have the option to avoid the Red Sea following a spate of attacks from Houthi controlled areas this week.
  • Two missiles were fired from the territory at a jet fuel tanker on Wednesday and another at a Norwegian flagged tanker in the Red Sea Monday.
Energy BulletsCommodities
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