Increased selling pressure raises concerns about the sustainability of the current bullish momentum
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Houthi militants attacked a United Arab Emirates ship off the coast of Yemen, wounding one crew member, Saudi state news agency SPA reported on Thursday.
"A UAE ship was attacked by a missile fired by the Houthi militias, causing no damage to the ship. ... One crew member was injured," SPA said, citing a statement by the Saudi-led coalition fighting in Yemen.
The ship was attacked upon its departure from the Yemeni port of Al Mokha, SPA said.
The Red Sea port of Al Mokha is close to the Bab Al Mandab shipping lane through which much of the world's oil passes.
Increased selling pressure raises concerns about the sustainability of the current bullish momentum
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The Israeli army said 'over the past hour, several suspects were identified arriving with vehicles to a number of areas in southern Lebanon, breaching the conditions of the ceasefire'
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Vizhinjam is strategically important due to its proximity to international shipping routes and will help it compete with Singapore and Sri Lanka
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The ITIA, however, said the violation was not intentional
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