Russia's veto of North Korea's ballistic missile control and their cooperation in providing weapons to attack Ukraine demonstrates the close ties between Russia and North Korea amid Russia's aggression against Ukraine, Borrell points out.
Russia plans to cut exports of diesel fuel by sea in April to the lowest level in 5 months due to Ukrainian drone attacks on refineries and seasonal maintenance that reduces crude oil processing.
U. S. fighter jets struck three Houthi-controlled underground shelters in Yemen, destroying four drones, while the Houthis launched ballistic missiles toward the Red Sea.
The United States shoots down two missiles and a drone in the Red Sea, launched by Houthi rebels from Yemen.
Russia and China have reached an agreement with Yemeni Houthi rebels to ensure the safe navigation of their vessels in the Red Sea.
Brent crude oil futures for May delivery on ICE exceeded $86 per barrel, reaching new highs.
Italian Foreign Minister Antonio Tajani warns against the deployment of NATO troops in Ukraine, saying it threatens to spark World War III, while supporting the provision of military, economic and technical assistance to help Ukraine defend itself.
The US Central Command reported the destruction of 9 anti-ship missiles and 2 UAVs launched by Houthi rebels in Yemen in the direction of the Gulf of Aden and the Red Sea between March 14 and 15.
The US Armed Forces destroyed 4 drones and 1 missile in Yemen, controlled by Iranian-backed Houthi militants.
In the first two months of 2024, the volume of trade through the Suez Canal decreased by 50% and through the Panama Canal by 32%, disrupting supply chains and distorting key macroeconomic indicators, according to the IMF.
According to U. S. officials, the attack targeted the Barbados-flagged cargo ship True Confidence, which belongs to Liberia.
The Italian Senate approved the country's participation in the EU naval mission to protect cargo ships in the Red Sea from attacks by Houthi rebels in Yemen.
The Houthis, for their part, said they were not involved in the incident and blamed American and British warships without providing any evidence.
A cargo ship carrying 21,000 tons of fertilizer sank in the Red Sea after being damaged in a previous Houthi attack in mid-February.
The Belizean-flagged cargo ship Rubymar, carrying 21 tons of fertilizer, sank in the Red Sea after being attacked by Yemeni Houthis, which could cause an environmental disaster.
The German Navy frigate Hesse successfully attacked and shot down two drones during attacks by Yemeni Houthi rebels in the Red Sea on February 27. This was its first combat operation.
A British cargo ship carrying fertilizer from Saudi Arabia to Bulgaria sank in the Red Sea after being hit by a Houthi missile on February 18.
The U. S. military reported the destruction of three unmanned surface ships, two anti-ship cruise missiles, and one drone that were preparing to launch an attack from Yemen on February 26.
The United States and Britain fired missiles at 18 Houthi targets in Yemen, destroying weapons caches, air defense systems, radars and helicopters used by the Iranian-backed group.
Israel's plans for Gaza after the war include the creation of a security buffer zone and continued intervention, but the Palestinian Authority rejects these plans as occupation.
The Houthi leader has threatened to intensify attacks on ships in the Red Sea and adjacent waters using new underwater weapons.
The Turkish Navy will assume responsibility for the protection of Somalia's territorial waters over the next 10 years under a new agreement on defense and economic cooperation between Turkey and Somalia.
The EU launches a naval operation called "Aspides" to ensure freedom of navigation in the Red Sea and respond to Houthi militant attacks in Yemen.
EU foreign ministers will meet in Brussels to discuss sanctions against russia, the conflict between Israel and Hamas, and the protection of navigation in the Red Sea.
The United States launched a cyberattack on an Iranian warship that was collecting intelligence on cargo ships in the Red Sea and Gulf of Aden.
According to a fuel market expert, fuel prices in Ukraine may rise by UAH 2 per liter in the next 2-3 weeks if the global situation does not change.
The IMF Managing Director said that although the shelling in the Red Sea is forcing ships to look for alternative routes, which increases costs, the situation does not have a significant impact on global economic growth forecasts.
The U. S. military struck Houthi military equipment, including unmanned surface ships and anti-ship cruise missiles in Yemen, which posed a threat to U.S. and commercial vessels in the Red Sea.
The German frigate Hesse was sent to the Red Sea to participate in the upcoming EU naval mission to protect merchant ships from Houthi attacks in Yemen.
Dutch shipowners ask the Ministry of Defense to authorize armed protection of ships passing through the Red Sea due to the increasing number of attacks by Houthis.