The White House announced that US and British forces launched the strikes in response to Houthi attacks on merchant ships in the Red Sea
Energy and gold prices rose early Friday after joint US and UK strikes on military targets linked to Yemen’s Houthi rebel group.
The White House announced Thursday night that US and British forces launched the strikes in response to Houthi attacks on merchant ships in the Red Sea.
Until 03:30 GMT (05:30am Greek time) Brent crude futures for March delivery were up 2.4%, or $2.10, at $79.80 a barrel. Tension in Yemen also sent gold futures up 0.45%, or $8.60, to $2,037 an ounce.
The Red Sea is a critical waterway for international trade, particularly for oil and fuel shipments, connecting the Suez Canal in Egypt to the Gulf of Aden through the Bab al-Madeb strait, Anadolu highlights. The Suez Canal allows ships coming to and from Europe to transit to Asia without having to take the much longer and more expensive route around the southern tip of Africa.
The Houthis have carried out 27 attacks in the Red Sea since November 19, the US military said earlier Thursday.
Source: Skai
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