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Houthis Signal Readiness for Iran Conflict, Heightening Global Shipping Fears Article

Houthi activists burn US and Israeli flags during a demonstration in solidarity with Iran and Lebanon, in Sanaa, Yemen. Yemen’s Iran‑aligned Houthi movement has declared it is prepared to join the escalating conflict involving Iran, a move that could further destabilize global shipping routes and intensify economic pressures. A senior Houthi figure told Reuters the group is “fully militarily ready with all options,” noting that any decision to act would depend on developments in the wider regional war.  The Houthis, who previously disrupted Red Sea traffic during the Gaza conflict, may once again target the Bab al‑Mandab Strait—one of the world’s most critical maritime chokepoints. The narrow passage connects the Red Sea to the Suez Canal, and renewed attacks could deepen the global oil and trade crisis already triggered by the Middle East conflict. Analysts suggest the group may be waiting for a strategic moment to open a new front in coordination with Iran, especially as the ...
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Asia Stocks Set to Open Lower Following Declines in European Stocks and Bonds


 According to a Bloomberg report, Asian equities are expected to open lower on Tuesday following declines in European stocks and bonds as European Central Bank officials tampered down rapid rate cut expectations. 

US markets were shut for a holiday Monday. Share futures for Australian and Hong Kong benchmarks slipped, while those for Japanese equities rose. The region-wide Euro Stoxx 50 inched 0.3% lower Monday, partly weighed down by a contraction in German gross domestic product in the fourth quarter, although Europe’s largest economy managed to avoid recession. Elsewhere, oil prices retreated, even as tensions in the Red Sea endured. Houthi militants hit a US-owned commercial vessel with a ballistic missile on Monday, underscoring the risks facing one of the world’s most important trade routes. West Texas Intermediate, the US oil price, fell 0.3%, while Brent, the international benchmark slipped 0.2% Monday.


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