The Latest Breaking News from Yemen

The U.S.- and U.K.-led strikes on the rebel Houthi group in Yemen represent a dramatic new turn in the Middle East conflict – one that could have implications throughout the region.

Despite diverting supplies from the Suez Canal, tensions in the Red Sea have so far had a muted impact on energy prices.

US and British strikes on rebel-held Yemen on Friday marked a sharp escalation after weeks of attacks on Red Sea shipping by the Iran-backed Huthi insurgents.

Westminster has largely been gripped by one story this week, that of what to do about the Post Office Horizon scandal.

The Houthis, also known as Ansar Allah (or “supporters of God”), are a violent militia group that currently exercise de facto control over much of northern Yemen. Formed in the 1990s, the group was named after its founder, Hussein Badreddin al-Houthi, and they follow the Zaidi branch of Shia Islam…

Critics on left and right furious that president failed to seek congressional approval for strikes against Houthi militants

France has blamed Iran-backed Houthis for an escalation in the Middle East after US and British strikes targeted them in Yemen on Friday. The French navy, meanwhile, has defended its use of expensive missiles to down Houthi drones used to attack shipping lanes in the Red Sea.

February WTI crude oil (CLG24 ) this morning is up +1.10 (+1.53%), and Feb RBOB gasoline (RBG24 ) is up +1.83 (+0.87%). Crude oil and gasoline prices this morning rallied to 2-week highs on an escalation of geopolitical risks in the Middle East after the U.S. and its allies launched...

KEIR Starmer is guilty of an “abandonment” of principles after appearing to U-turn on another of his “10 pledges”, a former Labour MP has…

Britain launched airstrikes on Houthi targets in Yemen overnight and the big question today is about escalation. 

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. Stocks this morning gave up early gains and are...