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Saudi Arabia is exploring an offensive against Iran-backed Houthi militants in Yemen to secure the key Red Sea shipping route around Bab el-Mandeb, as the ongoing U.S.-Iran conflict disrupts regional oil and shipping routes. Saudi Arabia is considering a coastal push around Bab el-Mandeb or a broader assault on multipl
Iran says reopening the Strait of Hormuz depends on its conditions being met and a negotiated solution, after Trump said he rejected Tehran's proposal. A senior Iranian official said Iran would show no flexibility on its nuclear program even if the US accepted the deal.
Iran says its proposal could reopen the strait and pause regional fighting within seven days if the US agrees. Reuters could not immediately confirm a Wall Street Journal report that Trump rejected the offer.
They discussed intelligence sharing, military coordination and capability integration at a Riyadh meeting.
Yemen's Houthis: Attacked a ‘sensitive target’ in Saudi Capital Riyadh.
Yemen's Houthis said they attacked what they called a sensitive target in the Saudi capital Riyadh.
The European Union's naval mission to protect shipping in the Red Sea would need to boost its numbers to more than 10 warships, its foreign policy chief Kaja Kallas said on Monday, adding that for now there were not that many in the area.
(Updates to closing prices) By Ateeq Shariff Sept 21 (Reuters) — Most Gulf stock markets closed lower on Monday as the escalating regional conflict outpaced cautious optimism over diplomatic progress at UN meetings this week. Energy markets remained on edge after fresh rhetorical threats exchanged between Washington an
Emerging market stocks rose on Monday, hitting a more than one-week high, as lower oil prices and gains in AI-related stocks boosted sentiment. MSCI's index tracking EM stocks rose 1.45%, lifted by Asian tech-heavy bourses in South Korea and Taiwan.
Most Gulf stock markets retreated in early trade on Monday as escalating regional conflict outpaced cautious optimism over diplomatic progress at UN meetings this week. Energy markets remained on edge after fresh rhetorical threats exchanged between Washington and Tehran were compounded by weekend drone and missile att
Euro STOXX 50 futures were last up 0.8%, CAC futures up 0.5% and FTSE futures up 0.4%. DAX futures rose 0.6% after German state elections delivered severe losses for the Christian Democrats.
President Donald Trump has warned Iran of severe economic consequences or the destruction of its leadership unless Tehran agrees to a deal, while Iranian officials have threatened retaliation. US Stock Futures Rise, Oil Prices Fall as Asian Markets Gain Dow futures rose 120 points, or 0.23%, to 52,199.00, while S&P 500
Yemen's Houthis said they attacked "sensitive" sites in Riyadh with missiles and drones, after smoke and flames rose near King Khalid International Airport. The Details: • Airport fire: Reuters footage showed a large black plume and flames rising from the airport's fuel storage depot after booms were heard. •
Sept 20 (Reuters) — Saudi Arabia's stock market opened lower on Sunday, a day after Yemen's Houthis said they struck "sensitive" targets in Riyadh with missiles and drones, with the subdued sentiment spreading across Gulf bourses. Flames and thick smoke were seen near the Saudi capital's main airport after authorities
(Adds quotes, details and background throughout) Mecca Joint Defence Agreement treats attack on one signatory as attack on all three Fidan says Turkey conveyed proposals to all sides to end fighting Pakistan says no military response discussions have taken place under pact ANKARA, Sept 19 (Reuters) — Turkish Foreign Mi
(Recasts with all-clear, adds details, context throughout) RIYADH, Sept 19 (Reuters) — Saudi civil defence sent an all-clear early on Saturday after issuing alerts for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis group on the Gulf country. A
(The opinions expressed here are those of the author.) By Anna Szymanski Sept 18 (Reuters) — Warnings of machine-driven human extinction kicked off the week, but the market's attention quickly turned to more prosaic matters, namely Middle East energy disruption and the first Federal Reserve rate hike in three years. Am
(Adds UNHCR representative) By Olivia Le Poidevin GENEVA, Sept 18 (Reuters) — At least 112,000 people have been displaced inside Yemen within the last two weeks as fighting continues along the country's west coast amid a renewed conflict, while nearly 3,000 have fled by sea to Djibouti, the United Nations migration ag
Iran-backed Yemen Houthis launched ballistic missiles and drones, wounding dozens and targeting energy installations in southern Saudi Arabia, halting some operations. Oil prices moved toward $100 a barrel as fears of broader Middle East disruption grow.
Yemen’s Houthis say they attacked a “sensitive” Saudi target at Najran airport and Aramco in Najran, with no immediate Saudi confirmation.
Houthis attack Saudi target at Najran airport
Rep. Thomas Massie (R-KY) slammed the President Donald Trump administration on Sunday amid the ongoing tensions between Washington and Tehran, saying that the situation has put the U.S. on the back foot. Iran War Weakened the U.S. In a post on the social media platform X, Massie delivered sharp criticism of Trump’s han
The S&P 500 suffered its steepest one-day decline in a month on Thursday as surging oil prices and earnings from Tesla Inc. (NASDAQ: TSLA ) and Alphabet Inc. (NASDAQ: GOOGL ) (NASDAQ: GOOG ) rattled investors, but Polymarket traders are betting the benchmark index will rebound at Friday’s open. The S&P 500 closed down
() -- Houthi attacks on Saudi Arabia have widened risks to global energy trade beyond the Strait of Hormuz, raising concerns that the Red Sea could become a second major conflict zone, Kpler said in a Tuesday note. Kpler said the Yemen-based Houthis largely stayed out of earlier fighting between the US and Iran, helpin