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Rise of pirates in Red Sea to take toll on India's exim business. Here are items that will turn costlier

The threat of Somali pirates reshapes logistics, adding complexity and cost to international trade for Indian businesses. The Red Sea is important for oil movement, and rerouting around the southern tip of Africa is likely to hike energy prices, experts say. ....

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Israel-Hamas war: Three commercial vessels attacked in Red Sea, 'ships had no connection to Israel,' claims official

Three commercial vessels were attacked in the southern Red Sea, with two Israeli ships targeted by drones and missiles from Yemen s Houthi group. ....

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US Sanctions Two Commanders of Yemen's Houthi Group

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FOXNEWS FOX Report With Jon Scott September 15, 2019 22:01:00

Open. we are keeping options on the table pretexting american interests, americans and our economy. rick: we begin with trey yates in jerusalem. reporter: the iranian government is denying responsibility for the attack. it s believed a missile or drone targeted the facility causing massive fires. iranian-backed houthis spent the summer targeting pipe lines. this attack was larger. it cut 5% of the oil supply. president trump tweeted, he said he will authorize the release of oil from the strategic oil ....

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FOXNEWS FOX Report With Jon Scott September 15, 2019 22:02:00

Petroleum reserve. he said he would like to keep the markets sufficient and well-supplied with oil. he says i have authorized the appropriate agencies to expedite add proves. houthis have used drones and missiles many times over the past year. you united nations investigators say the houthi rebels have the technology to carry out the attack. we exploited the vulnerabilities in the system. the saudi air space became open to us after the defense system failed to spot our drones. ....

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