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Red Sea

EU launches mission in Red Sea as European energy security hit by Houthi attacks

A European Union naval mission to protect commercial shipping in the Red Sea from missile attacks by Houthi rebels in Yemen is expected to be launched on February 19, EU High Representative Josep Borrell announced today, according to Euronews. Borrell¬†stated: “Maritime security in the Red Sea has significantly deteriorated over the last weeks and we …

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European Commission warns for risk of higher inflation as a result of Red Sea attacks

On 15 January, Iranian-backed Houthi militants fired an anti-ship ballistic missile from Houthi-controlled areas of Yemen and struck the M/V Gibraltar Eagle, a Marshall Islands-flagged, U.S.-owned and operated container ship, the U.S. military has announced. The ship has reportly no injuries or significant damage and is continuing its journey. Earlier in the day, at approximately …

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