A cargo ship was attacked and set ablaze in the Red Sea off Yemen on Sunday, prompting the crew to abandon ship as it began taking on water.
Liberian-flagged, Greek-owned bulk carrier Magic Seasfirst targeted by gunfire and rocket-propelled grenades launched from eight small boatsarmed security on board returned firevessel was later hit by four sea drones, with two striking the port side and damaging its cargoA fire broke out on board, though no injuries to the crew were reported. The ship was located around 51 nautical miles southwest of Yemen’s Hodeidah port. No group has claimed responsibility, but maritime security firm Ambrey said the attack bore the hallmarks of Yemen's Houthi militants. This is the first reported incident of its kind in the area since mid-April.
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At the margin this sort of news is viewed as a tailwind for oil - incresing tensions in the Middle East.
Other news for the weekend is, at the margin, a headwind:
OPEC+ will increase oil output production more than expected: +548,000 (+411,000 expected) This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about ship attacked in red sea crew abandons vessel amid fire and flooding was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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