Free Trial

US/UK Conduct Joint Military Strikes On Houthi Rebels In Yemen

POLITICAL RISK

News wires are reporting that the US and UK militaries are conducting joint military strikes on Houthi rebels in Yemen. This follows a number of months where Houthis have targeted commercial shipping in the Red Sea. US authorities stated 27 attacks have been launched by the rebels on commercial shipping since Nov 19th last year.

  • Bloomberg noted re the strikes "The airstrikes were intended to hit at a source of the militant group’s attacks and came after the Biden administration warned there would be consequences for the barrage of drones and anti-ship missiles that had targeted ships in the vital trade waterway. Still, the action taken was limited in scope, reflecting the reluctance to expand the conflict."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.