County Gulf Financial News

Between Monday and Tuesday, the significant severe weather threat is forecasted to impact tens of millions of Americans across the eastern half of the country. As meteorologists closely monitor the evolving weather patterns, anticipation mounts for potentially hazardous conditions characterized by strong winds, heavy rainfall, and the possibility of tornadoes, Fox Weather reported.

Louisiana crawfish are in demand despite a shortage of the mudbugs driven by last summer’s drought, extreme heat, saltwater intrusion on the Mississippi River and a hard winter freeze

Aster DM Healthcare on Wednesday said that the separation of its Indian and Gulf (GCC) businesses, and the proposed investment in its GCC business by an investor group led by UAE-based PE firm Fajr Capital, is in the final stage of completion. Aster DM in November last year had agreed to sell a majority stake in its Gulf business to a consortium led by Fajr Capital for $1 billion. Under the separation plan, a Fajr Capital-led consortium entered into a definitive agreement to acquire a 65% stake in the company’s GCC business. The plan was approved by the company’s shareholders in January 2024.

A suspected attack by Yemen’s Houthi rebels saw an explosion detonated near a ship in the Gulf of Aden, potentially marking their latest assault on shipping through the crucial waterway leading to the Red Sea

NEW DELHI : Russia remained the top supplier of oil to India in January, accounting for nearly a third of the crude brought into the country, according to data from the commerce ministry. At $4.47 billion, the value of the crude oil supply from Russia jumped 41% year-on-year. Sequentially, crude imports from that country increased 14% from $3.92 billion in December 2023, the data showed.

Yemen's Houthi rebels saw an explosive detonate near a ship early Sunday in the Gulf of Aden, potentially marking their latest assault on shipping through the crucial waterway leading to the Red Sea. The British military's United Kingdom Maritime Trade Operations center said the vessel's crew saw the blast as it passed off the coast of Aden, the port city in southern Yemen home to the country's exiled government. «No damage to the vessel has been reported and the crew are reported safe,» UKMTO said.

oil markets have been largely quiescent. In fact, however, a new phase is beginning—one in which oil demand, not supply, will be the primary influence on energy markets. This shift will bring with it profound geopolitical consequences.

America's first commercial-scale offshore wind farm is officially open, a long-awaited moment that helps pave the way for a succession of large wind farms

The first two flights last year lasted mere minutes before blowing up.

SpaceX nearly completed an hour-long test flight of its massive rocket, but the spacecraft was lost during its descent back to Earth on Thursday. As reported by AP, the company reported that contact was lost with the Starship as it approached its intended destination, a splashdown in the Indian Ocean. Additionally, the first-stage booster broke apart earlier in the flight over the Gulf of Mexico, following its launch from the southern tip of Texas near the Mexican border.

United Arab Emirates — China, Iran and Russia have begun a joint naval drill in the Gulf of Oman, a crucial waterway near the mouth of the Persian Gulf, officials said Tuesday. Footage aired by Chinese state television and a video released by the Russian navy showed the ongoing drill, known as «Marine Security Belt 2024.» China sent the guided-missile destroyer Urumqi and the guided-missile frigate Linyi to the exercise. Russia's forces are being led by the Varyag, a Slava-class cruiser.

Officials say an attack by Yemen’s Houthi rebels set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden

Arizona officials say a Saudi-owned company they targeted over its use of virtually unfettered amounts of groundwater to grow forage crops is moving its farming operation out of a valley in the Southwestern state’s rural west

Iran-backed Yemeni rebels into the Red Sea and Gulf of Aden on Saturday, the US military said. Shortly afterwards, the rebels claimed the attack, saying they had fired missiles at an «American» commercial ship and launched drones at US warships in «the Red Sea and Gulf of Aden». It was one of the Huthis' largest attacks since they began in November a campaign of drone and missile strikes against vessels in the Red Sea area, vital for world trade, in professed solidarity with Palestinians during Israel's war against Iran-backed Hamas militants in the Gaza Strip.

Fourteen people clinging to a small boat adrift in the Gulf of Mexico were rescued by the crew of the world’s largest cruise ship on Sunday after spending more than a week stranded at sea.

Yemen's Houthi rebels on Friday set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden, authorities said. The attack targeted the bulk carrier Propel Fortune, which continued on its way, according to the United States military's Central Command. «The missiles did not impact the vessel,» Central Command said. «There were no injuries or damages reported.» The Houthis did not immediately claim responsibility for the attack. A statement from Houthi military spokesperson Brig. Gen. Yahya Saree was delayed on Friday night over «urgent military developments in the theatre of military operations», according to the rebel-controlled SABA news agency. He was scheduled to speak on Saturday.

developing countries’ ideas for growth are staggeringly ambitious. India and Indonesia hope to become high-income countries within 25 years. Muhammad bin Salman, Saudi Arabia’s crown prince, wants to diversify and develop its economy just as rapidly.

US military said that three people have been killed and at least four wounded after a missile fired by Yemen's Houthi rebels hit a bulk carrier in the Gulf of Aden. The Indian Navy also added that critical medical aid was provided to injured crew.

Houthis vow response after airstrikes by US, UK: 'These attacks will not…' Huthi military spokesman Yahya Saree said on social media that the True Confidence was targeted with multiple missiles "after the ship's crew rejected warning messages" from the Huthis. - Months of attacks - The British embassy in Sanaa had earlier said the toll was at least two dead, describing the loss of life as "the sad but inevitable consequence of the Huthis recklessly firing missiles at international shipping." British Foreign Secretary David Cameron meanwhile promised that "we will continue to stand up for freedom of navigation and back our words with actions." US, UK launch second round of strikes on Huthis in Yemen The United States and Britain have since January launched repeated strikes on Huthi targets in Yemen in response to the ship attacks, but the rebels have continued to target merchant vessels.

Amid a crawfish shortage in Louisiana, Gov. Jeff Landry has issued a disaster declaration for the impacted industry

The Middle East franchisee of Starbucks has begun firing some 2,000 staff at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel-Hamas war in the Gaza Strip