Saudi-led coalition in Yemen says will safeguard its commerical ships in Bab El-Mandeb strait
The Saudi-led coalition's commitment to safeguard commercial ships in the Bab El-Mandeb strait signals an escalation in regional tensions and a proactive stance against potential threats to maritime trade.
Air defence systems activated near Iran's Bushehr nuclear power plant, reports Mehr
Several explosions were heard in Bandar Abbas and Qeshm, reports IRNA citing sources
Saudi-led coalition in Yemen says will safeguard its commerical ships in Bab El-Mandeb strait
US military says it launched strikes against Iran on Monday
Newsquawk US Market Wrap - 20th July 2026: Oil gains as US/Iran strikes continue, supporting yields
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This development could impact oil prices and shipping routes, with possible implications for broader market risk sentiment, particularly if it signals a longer-term military engagement in the area.
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