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Philippine News

Iran vows to secure 18 Filipino hostages

INSECURITY AT THE RED SEA. Graphic (top) shows container prices over time by shipping route, while the map shows maritime traffic density at the Cape of Good Hope in South Africa from 2015 to 2020, a global alternative route to the Red Sea. AFP Abducted Pinoy crew in Middle East …

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World oil prices rise on Red Sea escalation

Oil prices climbed after United States and United Kingdom forces launched strikes against Iran-backed Huthi rebels, while global stocks were mixed following the kickoff of corporate earnings season. Crude prices spiked more than four percent Friday before ebbing somewhat after the allies launched deadly strikes following weeks of disruptive rebel …

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4 things to know about Huthi rebels

Iranian support The Huthis are supported by Iran, a major regional power and sworn enemy of Israel. They are members of the Tehran-backed “axis of resistance,” which brings together various anti-Israel organisations in the region, including Palestinian Hamas militants and Lebanon’s Hezbollah, as well as diverse groups in Iraq and …

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