Monday, March 17, 2025

Creating liberating content

For 95 days, Máximo Napa Castro, 61, was alone and

WASHINGTON: A US judge Monday ordered Trump administration officials to

Related News

For 95 days, Máximo Napa Castro, 61, was alone and lost at sea, praying to God and clinging to the hope that he would one day see his mother again.

WASHINGTON: A US judge Monday ordered Trump administration officials to explain whether the administration violated his order when they deported hundreds of Venezuelan gang members over the weekend and potentially

Ether may not hit a new record this year after all, according to Standard Chartered. The firm expects ether’s recent weakness to continue this year, and although it sees its

The mystery of Sudiksha Konanki’s disappearance is far from being resolved. Joshua Riibe, the 22-year-old Iowa man who was last seen with Sudiksha Konanki before her mysterious disappearance from the

NEW DELHI: The central government has directed the Delhi Traffic Police to enforce parking rules in the Central Vista area, particularly around the Patiala House Court and the Delhi high

Each year 36 million trees fall due to decay, disease, natural disasters or clearing for new development. The vast majority of those trees are either burned, sent to a landfill

Trending News

Foreign portfolio investors (FPIs) are on track for the worst-ever annual equity selloff in FY25 in rupee terms, driven by sustained outflows since October 2024. In the first two weeks

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting March 17, 2025) are HPCL and

MUMBAI: IndusInd Bank may have overstated its net interest income in preceding quarters, research reports by brokerage houses said. As a result, the lender will take a significant hit in

NEW DELHI: India has achieved self-sufficiency in solar module manufacturing. But the feat has rendered domestic producers of polysilicon, wafers and ingots – the building blocks for modules – vulnerable

New Delhi: India and New Zealand decided to relaunch negotiations for a free trade agreement on Saturday after a gap of 10 years, a move aimed at deepening economic ties

Mumbai: A host of global and domestic factors are expected to weigh on investors’ sentiment when Dalal Street opens for trading on Monday. The escalating global tariff war between the

Oil rises as Trump says Iran will be held responsible for any future Houthi attacks

Word Count: 347 | Estimated Reading Time: 2 minutes


U.S. President Donald Trump looks on as military strikes are launched against Yemen’s Iran-aligned Houthis over the group’s attacks against Red Sea shipping, at an unspecified location in this handout image released March 15, 2025.

White House | Via Reuters

Oil prices rose on Monday after President Donald Trump said the U.S. would hold Iran responsible for any future attack by the Houthis, a militant group in Yemen that has repeatedly launched strikes on commercial shipping.

U.S. crude oil futures rose 40 cents, or 0.6%, to $67.58 per barrel. Global benchmark Brent traded 44 cents, or 0.62%, higher at $71.02 per barrel.

“Every shot fired by the Houthis will be looked upon, from this point forward, as being a shot fired from the weapons and leadership of IRAN,” Trump said in a post on social media platform Truth Social. “IRAN will be held responsible, and suffer the consequences, and those consequences will be dire!”

Trump’s threat comes after the U.S. launched a new wave of airstrikes against the Houthis over the weekend. Defense Secretary Pete Hegseth said Sunday the U.S. campaign will continue until the militant group halts its attacks.

“This campaign is about freedom of navigation and restoring deterrence,” Hegseth told Fox News’ Sunday Morning Futures. “The minute the Houthis say we’ll stop shooting at your ships, we’ll stop shooting at your drones, this campaign will end. But until then, it will be unrelenting.”

The Houthis began targeting commercial shipping traversing the Red Sea in late 2023 in support of Hamas, after the Palestinian militant group launched a surprise attack on southern Israel and Israel responded with a ground and air campaign in Gaza. The Houthis and Hamas are both allied with Iran.

The Houthi strikes have forced international shipping companies to re-route container ships that would normally pass through the Red Sea and Suez Canal.

Trump has re-imposed a “maximum pressure” campaign against Iran with goal of driving down the Islamic Republic’s oil exports. Treasury Secretary Scott Bessent recently said the Trump administration’s goal is to collapse Iran’s economy.

This is breaking news. Please refresh for updates.



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account