Oil Climbs 2% as Houthi Rebels Hit Second Greek Vessel in Red Sea
Monday, 7 July 2025 () A Greek-operated bulk carrier was attacked in the Red Sea on Monday in the second Houthi strike on commercial shipping in less than 24 hours, stoking fears of a renewed escalation in one of the world’s most critical oil transit corridors, Arab and Israel media report. The Eternity C, a Liberia-flagged vessel managed by Athens-based Cosmoship, was hit off Yemen’s Hodeidah coast using a combination of sea drones, rocket-propelled grenades, and small arms. Two seafarers were seriously injured and two more are missing, according to shipping…
In a dramatic overnight operation, Israeli warplanes struck six high-value Houthi targets across Yemen, including three strategic Red Sea ports, the Ras Kathib power plant, and the radar system aboard the seized Galaxy Leader cargo ship. The IDF claims the ship’s radar was used for maritime...
In a dramatic escalation, the Israeli Air Force launched a precision night raid targeting the Houthi-controlled Galaxy Leader cargo ship — a vessel seized in 2023 and used as a propaganda symbol by..
In a major escalation of the Red Sea conflict, Israel has launched Operation ‘Black Flag,’ a powerful military campaign targeting key Houthi-controlled infrastructure in Yemen. Israeli warplanes..
Yemen’s Houthis have resumed deadly attacks on Red Sea shipping lanes, using armed men and drone boats in a major escalation. A vessel traveling near Hodeida was struck Sunday by two drone boats,..
Oil Closes At Session High As Houthi Rebels Hit Second Greek Vessel In Red Sea By Charles Kennedy of OilPrice.com A Greek-operated bulk carrier was attacked in... Upworthy