MAGS

US and UK Launch Attack on Houthi Positions. The militaries of the United States and the United Kingdom carried out joint strikes against Houthi militant targets in Yemen, targeting radars as well as missile and drone-launching sites, prompting Saudi Arabia to call for restraint in the Red Sea area.

Iran Seizes Oil Tanker In Oman’s Waters. Iran seized a Marshall Islands-flagged oil tanker carrying Iraqi crude in the Gulf of Oman, in retribution for the US seizure of the same tanker a year ago when it was (then called Suez Rajan) carrying 1 million barrels of Iranian crude, adding to geopolitical risks in oil.

Consequencesofnottakingaction

1)Youremaininasinglespot
2)Noimprovement.
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