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Trade in the Red Sea is slowing to a trickle. However, the full economic impact could take some time to reach the U.S., if it does at all.

A U.S.-owned vessel was hit by a Houthi missile in the Red Sea. Houthis used an anti-ship ballistic missile on Monday, Jan. 15, to hit the bulk carrier Gibraltar Eagle. There was a fire in the ship’s hold, but it remained seaworthy. It’s the latest incident to highlight the tenuous situation playing out at sea,…

U.S. forces retaliated against Houthi fighters after the Houthis attacked U.S. vessels. What’s next for the U.S.-Houthi conflict?

Since the outbreak of the Israel-Hamas war, Houthi militants in Yemen have been attacking naval and commercial shipping targets in the Red Sea. The Houthis claim that their attacks are focused on Israel-affiliated targets, although many of the targets do not appear to have any such affiliation. The conflict escalated recently when Houthi fighters attacked…

The 2024 presidential primaries kick off on Monday with the Iowa caucuses as the GOP frontrunner, Donald Trump, tops the latest poll.

Voters are ready to be heard as the 2024 presidential primary kicks off in Iowa. And congressional leaders said they have reached a deal to avert a government shutdown. These stories and more highlight The Morning Rundown for Monday, Jan. 15, 2024. Trump leads in Iowa ahead of record-cold caucuses On Monday, Jan. 15, the…

Suspected Houthi rebels attacked a ship in the Gulf of Aden and Iraqi militants allied with them targeted Eilat, Israel, on Wednesday.

President Joe Biden is receiving backlash from Democrats after making the decision to retaliate against Houthi forces. Democratic lawmakers are questioning why he bypassed Congress, as the Constitution requires Congress to authorize military action. The Iranian-backed Houthis disrupted international trade by launching attacks on commercial ships in the Red Sea. The forces have launched dozens…

The United States led a massive retaliatory attack against Iran-backed Houthi militants in Yemen on Thursday.

The United States launches large-scale retaliatory airstrikes against the Iran-backed Houthi rebels in Yemen. And eBay agrees to pay a $3 million fine in connection to a harassment scheme. These stories and more highlight The Morning Rundown for Friday, Jan. 12, 2024. U.S. launches retaliatory strikes against Houthis in Yemen The United States led a…

U.S. forces take down a barrage of missiles and drones in what is being called a "complex attack" by Houthi militants.

U.S. forces take down a barrage of missiles and drones in what is being called a “complex attack” by Houthi militants. And masked gunmen storm onto the set of a live newscast in Ecuador as the country’s president declares a state of emergency. These stories and more highlight The Morning Rundown for Wednesday, Jan. 10,…

The U.S. Secretary of State is set for another trip to the Middle East as recent developments prompt fears of the war spreading.

The U.S. Secretary of State is set for another trip to the Middle East as recent developments prompt fears of the war spreading. And an Olympic athlete convicted of murdering his girlfriend has been released from prison. These stories and more highlight The Morning Rundown for Friday, Jan. 5, 2024 Blinken to visit the Middle…

Houthi rebels launch another attack in Red Sea after the U.S. and allies issue a stark and "final warning" to the Iranian-backed group.

Is the United States ready to declare war against Iranian-backed Houthi militants? Since launching Operation Prosperity Guardian in December, issues have intensified for the U.S. and its allies in the Red Sea. Houthi rebels carried out another attack on Thursday, Jan. 4, employing an unmanned surface vessel to target U.S. Navy and commercial vessels. The…

The Panama Canal Authority imposed unprecedented transit restrictions amid rising Red Sea attacks impacting global shipping operations.

The Panama Canal has imposed unprecedented restrictions on transits, driven by water shortages linked to the El Niño phenomenon in 2023. The canal’s reservoir system is significantly impacted, causing ripple effects across global shipping operations. Following Panama’s rainy season, Lake Gatun, the crucial reservoir supplying water for the canal’s locks and the nation’s primary source…

One of Iran's most powerful warships is now in the Red Sea following U.S. attacks on Houthi terrorist boats.

One of the most powerful ships in the Islamic Republic of Iran’s navy is now in the Red Sea. The 51-year-old warship, Alborz, entered the area after the U.S. Navy sunk some boats operated by Iranian-backed Houthi militants. The Houthis are attacking ships in the Red Sea to show solidarity with Hamas terrorists in Gaza.…

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