Saudi-led coalition warns of danger to global trade south of Red Sea

CAIRO (Reuters) – The Saudi-led coalition fighting the Iranian-backed Houthi movement in Yemen has said it has detected indications of imminent danger to global shipping and trade south of the Red Sea, Saudi state media reported on Monday.

The coalition also said it had detected hostile movements and activities of Yemeni Houthi forces using boats loaded with explosives, adding that measures were being taken to neutralize the threat and ensure freedom of navigation. No further details were provided.

Disclaimer: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by the market makers, and therefore the prices may not be accurate and may differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will accept no responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.