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U.S. launches Operation Prosperity Guardian to defend Red Sea shipping lanes from Houthi attacks - TL;DR CNBC

U.S. launches Operation Prosperity Guardian to defend Red Sea shipping lanes from Houthi attacks

Publishing timestamp: 2023-12-18 18:07:40


Summary

The U.S. has launched Operation Prosperity Guardian to expand its maritime defense force in the Red Sea due to mounting attacks from the Iran-backed Houthi rebel group. Major companies like BP and Maersk have paused shipping in the Red Sea as the danger from Houthi drone strikes escalates. The expansion of the military presence aims to defend against these attacks and ensure the free flow of commerce.


Sentiment: MIXED

Tickers: BP.-GB

Keywords: defensejohn kirbybp plcforeign policygovernment and politicsbusiness newsnational securityisraelbreaking news: politicspoliticsunited states

Source: https://www.cnbc.com/2023/12/18/us-to-expand-red-sea-defense-as-houthis-disrupt-trade.html


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