popular articles

Houthi attacks in the Red Sea threaten global energy security

The Iranian-backed Houthis are stepping up their attacks on oil tankers in the Red Sea, seriously threatening maritime security and global energy supplies.

Please share:

On August 23, 2024, the Greek tanker Sounion, carrying 150,000 tons of crude oil, was severely damaged by an attack by Houthi rebels off Hodeida, a strategic port in Yemen.
Using drones and missiles, the Houthis set fire to the vessel, forcing the emergency evacuation of the crew and leaving the ship adrift.
This incident marks a new stage in the escalation of attacks targeting critical shipping routes in the Red Sea, a key corridor for global hydrocarbon trade between Europe, the Middle East and Asia.
International maritime authorities, including the European Union through the Aspides mission, have expressed serious concerns about the impact of this incident on shipping safety.
The Sounion, now out of control, represents a major obstacle to other vessels transiting the region, increasing the risk of disruption to the global flow of trade.

Escalating tensions and worrying precedents

This is not the first time the Houthis have targeted oil tankers in this strategic area. Since October 2023, they have stepped up their attacks, striking more than 80 ships in the Red Sea.
In March 2024, the Belize-flagged oil tanker Rubymar sank after being attacked by the Houthis, resulting in the loss of 21,000 tons of chemicals, an attack that marked an escalation of hostilities against commercial vessels.
In the same month, the Chinese oil tanker Huang Pu was also targeted by Houthi missiles.
Although this attack did not cause a major spill, it demonstrated the Houthis’ ability to severely disrupt maritime traffic in this region crucial to global trade.
These successive incidents highlight the growing risks to maritime infrastructure, exacerbated by the logistical and military support the Houthis receive from Iran.

Implications for global energy security

The repercussions of these attacks are far-reaching.
The Red Sea is a vital artery for the transport of hydrocarbons, linking Middle Eastern producers to world markets.
The persistent threat of Houthi attacks is prompting several shipping companies to divert their vessels via the Cape of Good Hope, lengthening journeys and increasing logistical costs. This threatens to drive up oil prices and disrupt energy supplies, with potentially global consequences.
In response to these growing threats, the international community, notably the United States and the European Union, has stepped up patrols and military operations in the region.
However, despite these efforts, attacks continue, illustrating the vulnerability of maritime routes to military action in conflict zones.
This complex situation calls for a coordinated international response to secure global energy flows and protect critical infrastructure.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Amid uncertainty over Russian gas deliveries to Transnistria, Romania commits to ensuring Moldova's energy security this winter, with emergency measures for electricity and gas supplies.
The Norwegian industry anticipates a 4% increase in offshore investments in 2025, reaching NOK 275 billion, with enhanced exploration to slow the natural production decline.
The Norwegian industry anticipates a 4% increase in offshore investments in 2025, reaching NOK 275 billion, with enhanced exploration to slow the natural production decline.
The European Union strengthens its sanctions against Russia by blacklisting additional ships and entities linked to Rosneft to combat evasion of the G7 price caps on Russian oil exports.
The European Union strengthens its sanctions against Russia by blacklisting additional ships and entities linked to Rosneft to combat evasion of the G7 price caps on Russian oil exports.
The OPEC Fund has validated a financing portfolio totaling nearly one billion dollars in the fourth quarter of 2024, distributed across structuring projects in governance, infrastructure, and trade in several strategic regions.
The OPEC Fund has validated a financing portfolio totaling nearly one billion dollars in the fourth quarter of 2024, distributed across structuring projects in governance, infrastructure, and trade in several strategic regions.
The decline of the won against the dollar exposes South Korean refiners to significant losses on crude import costs, while the political crisis surrounding martial law undermines investor confidence.
London and Oslo announce a future industrial partnership focused on renewable energy and carbon capture, aiming to secure their energy and economic interests.
London and Oslo announce a future industrial partnership focused on renewable energy and carbon capture, aiming to secure their energy and economic interests.
Les « shadow tankers » : un réseau clandestin qui alimente les revenus pétroliers russes et iraniens
Les « shadow tankers » : un réseau clandestin qui alimente les revenus pétroliers russes et iraniens
A joint investment between Canada and the United States aims to develop Yukon’s infrastructure and accelerate the exploitation of critical minerals essential for North American security and clean energy.
A joint investment between Canada and the United States aims to develop Yukon’s infrastructure and accelerate the exploitation of critical minerals essential for North American security and clean energy.
Serbian President Aleksandar Vucic warns of imminent US sanctions against NIS, majority-owned by Gazprom Neft and Gazprom. A decision that could escalate geopolitical tensions in Europe.
Faced with Donald Trump’s proposed tariffs, Ontario’s Premier considers suspending electricity exports to several U.S. states, jeopardizing the supply of 12 billion kWh annually.
Faced with Donald Trump’s proposed tariffs, Ontario’s Premier considers suspending electricity exports to several U.S. states, jeopardizing the supply of 12 billion kWh annually.
During a visit to Abuja, German President Frank-Walter Steinmeier and his Nigerian counterpart Bola Ahmed Tinubu discussed their energy partnership, focusing on renewable energy and hydrogen.
During a visit to Abuja, German President Frank-Walter Steinmeier and his Nigerian counterpart Bola Ahmed Tinubu discussed their energy partnership, focusing on renewable energy and hydrogen.
The European Union strengthens sanctions against Russia by targeting new tankers involved in the transport of Russian oil and expanding its blacklist of entities supporting Moscow's military effort.
The European Union strengthens sanctions against Russia by targeting new tankers involved in the transport of Russian oil and expanding its blacklist of entities supporting Moscow's military effort.
Ecuador is experiencing a marked increase in diesel and gasoline imports due to ongoing challenges in its refineries, exacerbated by extended maintenance periods.
The overthrow of the Syrian regime disrupts Iranian oil deliveries, crucial for local energy supply. The cessation of this source highlights the growing energy challenges in the region.
The overthrow of the Syrian regime disrupts Iranian oil deliveries, crucial for local energy supply. The cessation of this source highlights the growing energy challenges in the region.
Global demand for liquefied natural gas (LNG) is rising rapidly. Europe must strengthen its competitiveness to secure supply amidst growing competition from Asian and American markets.
Global demand for liquefied natural gas (LNG) is rising rapidly. Europe must strengthen its competitiveness to secure supply amidst growing competition from Asian and American markets.
The U.S. government plans a new oil lease sale in the Arctic National Wildlife Refuge, a Congress-mandated initiative sharply criticized for its environmental impacts.
The U.S. government plans a new oil lease sale in the Arctic National Wildlife Refuge, a Congress-mandated initiative sharply criticized for its environmental impacts.
The collapse of Bashar al-Assad's regime has prompted reactions in oil markets, with a moderate rise in prices. The geopolitical implications for the region and their effects on energy supplies remain uncertain.
Faced with weakened demand, Saudi Aramco lowers its official selling prices for Arab Light crude destined for Asia, reaching levels not seen since January 2021. A decision influenced by global dynamics and uncertain market prospects.
Faced with weakened demand, Saudi Aramco lowers its official selling prices for Arab Light crude destined for Asia, reaching levels not seen since January 2021. A decision influenced by global dynamics and uncertain market prospects.
Russian Gas: Putin Expands Payment Options Amid US Sanctions
Russian Gas: Putin Expands Payment Options Amid US Sanctions
The U.S. administration urges international partners to unite against Iran-backed Houthis responsible for massive attacks on ships in the strategic Red Sea region. Military, economic, and diplomatic stakes are intensifying.
The U.S. administration urges international partners to unite against Iran-backed Houthis responsible for massive attacks on ships in the strategic Red Sea region. Military, economic, and diplomatic stakes are intensifying.
OPEC+ adopts online meetings, centralizing the decision-making process. This transition raises questions about transparency and tensions among producers facing increasing pressure in the oil market.
Orano loses control of its subsidiary in Niger: 1,150 tons of uranium blocked
Orano loses control of its subsidiary in Niger: 1,150 tons of uranium blocked
Several agreements have been concluded between French and Saudi companies in renewable energy, waste management, and technological innovations, consolidating diplomatic and economic relations between the two nations.
Several agreements have been concluded between French and Saudi companies in renewable energy, waste management, and technological innovations, consolidating diplomatic and economic relations between the two nations.
Qatar will invest one billion pounds in climate technologies in the United Kingdom, an agreement hailed by Prime Minister Keir Starmer as a "significant step forward" during the official visit of Emir Al-Thani.
Qatar will invest one billion pounds in climate technologies in the United Kingdom, an agreement hailed by Prime Minister Keir Starmer as a "significant step forward" during the official visit of Emir Al-Thani.

Advertising