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08
Aug 2026
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Oil hits $100 a barrel for the first time since May, putting pressure on bonds

Houthi attacks in the Red Sea intensified fears of further disruptions to global supply and a renewed wave of inflation worldwide

Houthis open a second war front: Threat of a Saudi Arabia blockade brings new risk to oil

Yemen's Houthi movement has declared a naval blockade of Saudi ports, warning tankers to stay away as Riyadh weighs how to respond to a group it fought to a costly stalemate over nearly a decade

Oil prices retreat, falling below $88 a barrel

According to Reuters, although oil prices initially surged to their highest levels in the past month, they later reversed course as traders took profits while assessing the latest developments in the Middle East

Why the Houthis entered the war now: A message to the US not to proceed in the Red Sea and Hormuz

Houthis and Iran are creating a “ring of fire” stretching for thousands of kilometers in the Gulf – Concerns also over Saudi Arabia’s key East-West pipeline, through which up to 7 million barrels per day now pass

Greek scientists uncovered the history of the Red Sea

The aim of the expedition was to map and study the continental shelf of Saudi Arabia in the area of the Farasan Islands

Dormant volcano in Ethiopia “wakes up” after 10,000 years – Spectacular images

Its ash plume rose more than 10 kilometers high – The eruption was visible even from space

Lionfish in the Mediterranean: The solution is to catch it and eat it

The lionfish is spreading rapidly in the Mediterranean, threatening fisheries, biodiversity, and the balance of a unique ecosystem

Greek Armed Guard who survived Houthi attack stranded off the coast of Jeddah

No access to medical care – Vaggelis Staridas suffers leg injuries and is in poor physical and psychological condition

Concern for Greek armed guard of Eternity C: believed abducted by Houthis – Shocking video of the ship attack

The total number of missing persons has reached 15 - The Greek man was the last to abandon ship with the captain, while his brother is participating in the rescue operation

The moment of the attack on the Greek-owned Magic Seas in the Red Sea – Watch video

The attack occurred 51 nautical miles southwest of the port of Hodeidah

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