Oil Prices Climb As U.S. Warship Intercepts Three Missiles Fired From Yemen

The New Diplomat
Writer

Ad

Malami Denies Terrorism Financing Claims, Labels Accusations “Political”

By Abiola Olawale Former Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN, has refuted recent allegations linking him to terrorism financing. Malami dismissed the claims as baseless and entirely politically motivated, claiming that they are part of a "deliberate smear campaign" aimed at tarnishing his reputation. The former Minister said his…

EU slams Musk’s X with $140m penalty, defies U.S. pressure in landmark tech-regulation showdown

By Obinna Uballa The European Union on Friday imposed a 120-million-euro ($140-million) fine on Elon Musk’s social media platform, X, for violating transparency rules under the bloc’s sweeping Digital Services Act (DSA), a decision that sets up a direct confrontation with the administration of United States President Donald Trump. The penalty, the first issued by…

[VIDEO] ‘Things have gotten dangerously out of hand,’ 2Face cries out

https://youtube.com/shorts/vV5I8Zcj-vg By Obinna Uballa Nigerian music legend Innocent Idibia, popularly known as 2Face or 2Baba, has spoken out in a dramatic video posted on X.com late Thursday, accusing members of his own family of spreading damaging rumours, endangering his partner Natasha, and worsening the turmoil surrounding his private life. The visibly distressed singer said the…

Ad

By Charles Kennedy

A U.S. Navy warship stationed in the Red Sea has intercepted three missiles fired from Yemen, media has reported, suggesting it was possible the missiles were fired in the direction of Israel.

This is the latest in a string of indications that the conflict in the Middle East may be escalating, after reports that Israel was strengthening its military presence along the border with Lebanon – home of the Islamist group Hezbollah.

“We cannot say for certain what these missiles and drones were targeting, but they were launched from Yemen heading north along the Red Sea, potentially toward targets in Israel,” said Brigadier General Pat Ryder at a Pentagon briefing following the news of the missile interception, as quoted by the AP and the Times of Israel.

Separately, the AP reported, citing an unnamed U.S. official, that there had been another strike, this time in Iraq, targeting U.S. and coalition partner forces at a diplomatic center near Baghdad International Airport.

Per the reports, the missiles were launched by the Houthis who currently control Yemen and are affiliated with Iran’s government. With them came several drones, the reports added. ABC noted this was the first time in recent history that a U.S. Navy ship had struck back at missiles and drones that were not targeting it.

The news will no doubt add to fears of an escalation of tensions in the Middle East, with oil prices having moved higher on the news. Early on Friday morning, WTI had climbed above $90 while Brent reached $93.44. Earlier in the week, oil prices had retreated somewhat on the news that the U.S. would lift sanctions on Venezuelan oil, but this latest military escalation appears to have countered that news.

The U.S. is sending more Navy forces to the Mediterranean to reinforce its presence in the region, with Brg. Gen. Ryder saying “By posturing these U.S. naval assets and advanced fighter aircraft in the region, we aim to send a strong message intended to deter a wider conflict to bolster regional stability and of course to make it clear that we will protect and defend our national security interests.”

NB: Charles Kennedy wrote this article for Oilprice.com

Ad

X whatsapp