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Red Sea
Mango export faces headwinds as air freight charges surge
The crisis in the Middle East is impacting the mango business. Exporting the fruit has become more challenging as slots are difficult to come by and freight rates are fluctuating wildly.
01 May 2024, 21:58 IST
Mango export faces headwinds as air freight charges surge
01 May 2024, 21:58 IST
Israel says Houthis seize ship in Red Sea, no Israelis among owners or crew
- Israel said on Sunday that Yemen's Houthis had seized a British-owned and Japanese-operated cargo ship in the southern Red Sea
17 April 2024, 12:44 IST
Israel says Houthis seize ship in Red Sea, no Israelis among owners or crew
17 April 2024, 12:44 IST
Iran navy escorting Iranian commercial ships to Red Sea, commander says
Iran is bracing for a possible Israeli retaliation, with Israel's war cabinet meeting on Wednesday to discuss a response.
17 April 2024, 09:11 IST
Iran navy escorting Iranian commercial ships to Red Sea, commander says
17 April 2024, 09:11 IST
Iran and Israel have a long history of clandestine attacks
Israel’s strike in the Syrian capital, Damascus, that killed three top Iranian commanders Monday was the most brazen attack in years, raising fears of a wider confrontation.
13 April 2024, 08:56 IST
Iran and Israel have a long history of clandestine attacks
13 April 2024, 08:56 IST
US says it destroyed Houthi air defense and drone systems in Red Sea area
The US Central Command said on X its forces had destroyed an air defense system with two missiles ready to launch, a ground control station in Houthi-controlled areas of Yemen and one unmanned aerial system launched by the Houthis from Yemen over the Red Sea.
09 April 2024, 02:53 IST
US says it destroyed Houthi air defense and drone systems in Red Sea area
09 April 2024, 02:53 IST
US military destroys missile in Houthi-controlled Yemen, CENTCOM says
US forces also shot down one unmanned aerial vehicle over the Red Sea, its statement said, adding that a coalition vessel also detected, engaged and destroyed one inbound anti-ship missile.
07 April 2024, 16:23 IST
US military destroys missile in Houthi-controlled Yemen, CENTCOM says
07 April 2024, 16:23 IST
US says it destroyed anti-ship ballistic missile, 2 drones launched by Houthis
The US military said on Wednesday that it destroyed one inbound anti-ship ballistic missile and two drones launched by Iranian-backed Houthis from Yemen toward the Red Sea.
04 April 2024, 03:24 IST
US says it destroyed anti-ship ballistic missile, 2 drones launched by Houthis
04 April 2024, 03:24 IST
Continued Red Sea crisis pose risk to inflation, growth: FinMin
Around 80% of India’s merchandise trade with Europe passes through the Red Sea, with key products such as crude oil, auto & auto ancillaries, chemicals, textiles, and iron & steel being affected.
23 March 2024, 00:25 IST
Continued Red Sea crisis pose risk to inflation, growth: FinMin
23 March 2024, 00:25 IST
US military says it destroys Houthi missiles and drones
"It was determined these weapons presented an imminent threat to merchant vessels and US Navy ships in the region," the US military's Central Command said in a statement on the social media site X.
19 March 2024, 03:10 IST
US military says it destroys Houthi missiles and drones
19 March 2024, 03:10 IST
Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal: GTRI
The Global Trade Research Initiative (GTRI) said that rising shipping, and insurance costs and delayed arrival of shipments will continue to disrupt global value chains, squeeze margins, and make exports of many low-margin products unviable from current locations.
12 March 2024, 07:45 IST
Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal: GTRI
12 March 2024, 07:45 IST
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