Oil Prices Surge as Iran Seizes Tanker, Raises Concerns Over Fuel Costs
January 12, 2024
Oil prices experienced a notable surge following Iran’s seizure of an oil tanker off the coast of Oman. The vessel, en route to Turkey, was intercepted by armed forces who directed it to an Iranian port. This incident has sparked concerns over the potential repercussions on fuel prices globally. The price of Brent crude oil […]
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US and UK Launch Massive Strike Against Iranian-Backed Houthis in Yemen
January 12, 2024
The United States and the United Kingdom jointly conducted a massive retaliatory strike against Iranian-backed Houthis in Yemen. The military operation, executed on Thursday, employed warship- and submarine-launched Tomahawk missiles and fighter jets, targeting more than a dozen Houthi sites. This decisive response comes in the wake of relentless Houthi attacks on international maritime vessels […]
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