Israel Financial News

By Nidal al-Mughrabi and Emily Rose

world trade for weeks with attacks on ships passing through the Bab al-Mandab Strait at the southern end of the Red Sea in what they say is a response to Israel's war in Gaza. The United States shot down four drones headed towards a US destroyer in the southern Red Sea and launched from Houthi-controlled areas of Yemen on Saturday, US Central Command (CENTCOM) said. 1.

Indian Navy warship INS Mormugao reached MV Chem Pluto, the India-bound merchant vessel, which was 'attacked' by an Iranian drone, on Saturday night and ascertained details of the attack, officials informed on Sunday. According to officials, the Indian Navy has opened an investigation into whether the drone used to attack the vessel was launched from long range or from a nearby vessel. «The vessels operating in the area where the attack took place are being checked,» an official told ANI.

United States shot down four drones headed towards a U.S. destroyer in the southern Red Sea and launched from Houthi-controlled areas of Yemen on Saturday, U.S. Central Command (CENTCOM) said.

Red Sea and launched from Houthi-controlled areas of Yemen on Saturday, U.S. Central Command (CENTCOM) said. «These attacks represent the 14th and 15th attacks on commercial shipping by Houthi militants since Oct.

UK Foreign Secretary David Cameron has branded Iran «a thoroughly malign influence in the region and in the world» in an interview published Sunday in which he also pledged stepped-up deterrence towards Tehran. The former British prime minister's warning echoes accusations by the United States Friday that Iran is involved in attacks on commercial ships by Yemen's Huthi rebels, providing drones, missiles and tactical intelligence.

Gaza officials said Saturday, and Israel announced the death of five soldiers after the UN failed to call for a ceasefire. Eleven weeks into the Israel-Hamas war, Israeli forces pressed on with their offensive, a day after the UN Security Council adopted a resolution for more aid to flow into the besieged Gaza Strip.

New Year's Eve and in the wake of government warnings in recent weeks about the rising threat of Islamist violence. The police said in a statement they would use tracker dogs to check the cathedral after evening mass and then close it off. On Sunday, Christmas Eve, they would carry out a security check on all visitors, and recommended they get to services early.

BERLIN (Reuters) -German police said on Saturday they were heightening security at Cologne Cathedral following indications of an attack planned for New Year's Eve and in the wake of government warnings in recent weeks about the rising threat of Islamist violence.

BETHLEHEM, Occupied West Bank (Reuters) — Palestinian Christians held a sombre Christmas vigil in Bethlehem on Saturday, with candle-lit hymns and prayers for peace in Gaza instead of the usual festive celebrations at the spot where they believe Jesus Christ was born.

vessel transporting crude oil to India from Saudi Arabia caught fire off the Porbandar coast on Saturday, with a drone attack being suspected behind the incident. Indian Coast Guard and Navy assets have responded to the stricken vessel, which has reported that the fire has been put out but has caused unspecified damage that has impacted its functioning. Citing British maritime security firm Ambrey, an agency report said the vessel was affiliated with Israel and was struck by an uncrewed aerial vehicle. Officials said that Merchant Vessel (MV) Chem Pluto that was on its way to Mangalore from Jubail in Saudi Arabia when the incident took place.

turns the Israel-Palestine war into a global economic problem. For weeks, ships transiting the strait, a choke point in the Suez Canal, have been under attack from the Houthis, a group of highly trained, Yemen-based, Iran-backed militants with access to an array of sophisticated naval artillery. The attacks are part of the group’s offensive against Israel’s bombardment of Gaza. At least 10 of the world’s biggest shippers and one oil supermajor have decided to avoid the canal, a passageway for more than 20,000 ships a year, which account for 12% of global trade, 9% of oil demand, 6% of LNG imports and 30% of container shipments.

By Nidal al-Mughrabi and Emily Rose

Indian Navy warship is reportedly moving towards the distressed merchant vessel and is expected to reach the merchant ship in the next few hours. -An Israel-linked merchant ship, MV Chem Pluto, carrying crude oil was going towards Mangalore from a port in Saudi Arabia -The merchant ship carrying a large crew fleet, including 20 Indians, caught fire when hit by a suspected drone strike -The merchant vessel was reported to be present at 217 nautical miles off Porbandar coast, defence officials said -The Indian Coast Guard Ship ICGS Vikram, deployed on patrol of the Indian Exclusive Economic Zone started moving towards the merchant vessel MV Chem Pluto in distress -The Indian Navy warships in the vicinity are also moving towards the distressed vessel with around 20 Indian crew members, who are all reported to be safe -Indian Coast Guard Dornier maritime surveillance aircraft has established communication with the distressed vessel MV Chem Pluto.

₹6,164 per bbl, having swung between ₹6,126 and ₹6,247 per bbl during the session, against a previous close of ₹6,163 per barrel. -Crude is headed for its first annual drop since 2020 as surging production from the US and elsewhere counters efforts by the OPEC cartel to support prices through output cuts. The outlook for demand is also fragile, with the International Energy Agency forecasting that growth will slow sharply next year.

Israel-Palestine conflict has a long history and I am sure you read a lot of pieces on how the war was long overdue etc. etc. But, still apart from minor confrontations things were smoothening between the two hostile neighbors.

AFP quoted two maritime agencies. One of the vessels is an Israel-affiliated merchant ship, which was struck by the unmanned drone, causing a fire, within the vessel in the Arabian Sea off India's west coast. Indian Defense officials said that Indian Coast Guard ship ICGS Vikram is moving towards a merchant vessel MV Chem Pluto in the Arabian Sea, 217 nautical miles off Porbandar coast, after it reported a fire incident suspected to be caused by a drone attack.

war isn't just looming over Israel-Palestine and Russia-Ukraine. Nope, they're spreading like wildfire, hitting everywhere from Afghanistan to Yemen, Africa to Southeast Asia.

JERUSALEM — Fashion designer and Netflix reality star Julia Haart toured Israeli communities this week, joining a growing roster of celebrities who have visited to show their support in the wake of the Oct. 7 attack by Hamas. Haart, star of the Netflix series «My Unorthodox Life», said it was important to offer a clear sign of solidarity with Israel as its war with Hamas continues into its third month and incidents of antisemitism have risen across the world. A succession of celebrities, both Jewish and non-Jewish, including comedian Jerry Seinfeld and actors Michael Rapaport and Debra Messing, have been visiting Israel to show their backing following the most deadly attack on the country in its 75-year history. «I had to physically be here to show my support,» Haart told Reuters, following a visit to Kibbutz Be'eri, one of the communities worst hit by the Hamas assault, in which some 1,200 people were killed and more than 200 taken hostage. Since the attack, Israel has unleashed a relentless bombardment of Gaza to crush Hamas, with around 20,000 people killed and two thirds of the blockaded enclave's 2.3 million population forced to flee their homes. Amid growing international pressure to call a halt to the fighting, Haart said the plight of more than 100 hostages who remained in Gaza following a week-long truce and exchange last month remained paramount. «No one has seen them.

ALSO READ: Rise of pirates in Red Sea to take toll on India’s exim business. Here are items that will turn costlier Maritime security firm Ambrey also informed that the “Liberia-flagged chemical/products tanker... was Israel-affiliated." ALSO READ: Red Sea News-Shipping Corp, other shipping, ports in focus as Red Sea route gets disrupted "Some structural damage was also reported and some water was taken onboard.

Guterres said that no one has ever seen such number of casualties of the UN staff in the history of the world organisation.