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29.07.26 - 21:24
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Houthis Signal Red Sea Shipping Tolls In Mirror Image Of Iran′s Hormuz Plan (ZeroHedge)
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Houthis Signal Red Sea Shipping Tolls In Mirror Image Of Iran's Hormuz Plan
Houthis have entered the chat...
Already multiple Saudi vessels have been targeted in the Red Sea region, forcing a number of tankers to U-turn, and now Yemen's Houthis are seeking to introduce their own 'toll system' for the Bab el-Mandeb Strait.
"Yemen's information minister said intelligence confirmed IRGC advisers were directly involved in designing a Houthi-enforced toll system for the Bab el-Mandeb, mirroring Iran's contested claim to charge fees in the Strait of Hormuz," European media reports Wednesday.
Source: Winward
"The Houthi armed group is working with Iran to charge ships to transit the Bab el-Mandeb in the Red Sea, threatening another waterway after Tehran's blockade of the Strait of Hormuz, a minister in Yemen's internationally recognised government said on Wednesday."
The scheme is to be a mirror image of that Tehran is seeking to enforce in the Strait of Hormuz, where it...
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23.07.26 - 15:09
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Oil Soars As Trump Warns Iran Will Pay For Future Houthi Shipping Attacks, Rubio Rules Out Deal (ZeroHedge)
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Oil Soars As Trump Warns Iran Will Pay For Future Houthi Shipping Attacks, Rubio Rules Out Deal
US Secretary of State Marco Rubio said Thursday that Iran is "begging for a deal" and "they need to come to their senses," adding that Tehran will "pay a very heavy price for the things they are doing."
Speaking on the sidelines of the ASEAN conference in Manila, he claimed that "Iran is begging us, both directly and indirectly, 'Let's do a deal. Let's talk.'" But the reality remains that there's no public indicators showing this; instead, the Iranians have pretty aggressively sought to enforce their red lines, this week attacking a series of international ships in the Hormuz Strait.
Rubio tried to blame an alleged fracturing of the Iranian government, and a takeover by the 'hardline' faction of leadership. "The problem with Iran is every time they make a deal, the people in charge either break it or they want to change it. So it looks like they...
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23.07.26 - 14:06
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Longer routes, higher costs, 26,000 cancellations: US-Iran conflict hits Indian airlines (Times of India)
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Indian airlines have cancelled approximately 26,000 international flights due to Middle East airspace restrictions. These disruptions have led to flight diversions and delays, impacting airline operations significantly. Longer flight routes are increasing fuel consumption and raising overall operating expenses for carriers. Airlines are also experiencing substantial revenue losses as the conflict continues. Despite these challenges, carriers are implementing measures to maintain service continuity....
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23.07.26 - 10:36
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EasyJet profits plunge 70% as fuel costs soar amid Iran war (The Guardian)
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Budget airline, which has two US investment firms vying to buy it, also affected by passengers booking laterThe low-cost airline easyJet has revealed a 70% slide in profits because of soaring fuel costs and later bookings as a result of the conflict in Iran, only weeks after it agreed to a £5.7bn takeover.The carrier reported a pre-tax profit of £85m between April and June compared with £286m during the same period a year earlier, as its fuel costs increased by £105m after the outbreak of hostilities in the Middle East in late February sent energy prices rocketing. Continue reading......
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22.07.26 - 16:33
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Trump Vows US Will Destroy A Bridge Or Power Plant For Each Iranian Attack On Shipping (ZeroHedge)
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Trump Vows US Will Destroy A Bridge Or Power Plant For Each Iranian Attack On Shipping
Update(0940ET): More telegraphing of intent from President Trump in the below Truth Social Post... he said the US military will "bomb and destroy" one bridge or power plant - including in Tehran - each time the Iranian military shoots at a ship in the Strait of Hormuz. This comes a day after he unveiled the US military plans to conduct a large bombing of Iran's Pickaxe Mountain nuclear complex, which is heavily fortified.
But the Iranians have already long demonstrated they won't alter course in the face of such threats, especially bluster from Trump over social media, and so this unlikely to be any kind of fix for Washington, as Tehran has vowed to keep control of Hormuz at all costs. The Pentagon has argued that things like bridges are 'dual use' as the Iranian military uses them to get supplies from one region to another, while international monitors have highlighted the potential for war c...
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