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Wars and Military Conflicts

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  • DUBAI, March 26- Warplanes from Saudi Arabia and Arab allies struck Shi'ite Muslim rebels fighting to oust Yemen's president on Thursday, in a push by the world's top oil exporter to check Iranian influence in its backyard. Most of the crude exported from Saudi Arabia, Iran, the United Arab Emirates, Kuwait and Iraq-- together with nearly all the liquefied natural...

  • Yemen war clouds raise dangers for top oil shipping route Thursday, 26 Mar 2015 | 12:39 PM ET

    LONDON, March 26- Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly 4 million barrels of oil are shipped daily to Europe, the United States and Asia. Oil prices rose as much as 6 percent on Thursday after neighbouring Saudi Arabia and its allies launched air...

  • Yemen crisis: The timeline   Thursday, 26 Mar 2015 | 12:12 PM ET
    A Houthi fighter at the site of an air strike at a residential area near Sanaa Airport in Yemen, March 26, 2015.

    A Saudi-led coalition - including the U.S - has launched airstrikes on Yemen as the country, ridden with extremist groups, edges closer to civil war. CNBC recaps the events leading up to that point.

  • Egypt, Saudi to lead incursion into Yemen: Report Thursday, 26 Mar 2015 | 12:10 PM ET
    A Houthi fighter at the site of an air strike at a residential area near Sanaa Airport in Yemen, March 26, 2015.

    Saudi Arabia and Egypt will lead a ground operation in Yemen against rebels after a campaign of airstrikes, officials said.

  • An evolution of Yemen's Sunni-Shia war   Thursday, 26 Mar 2015 | 12:10 PM ET
    An evolution of  Yemen's Sunni-Shia war

    With the conflict between Saudi Arabia and Yemen intensifying, Firas Abi Ali, head of Middle East analysis at IHS Country Risk, talks about what's taking place.

  • WASHINGTON, March 26- The Pentagon's notoriously slow, bureaucratic and wasteful acquisition system is eroding America's military technological edge and must be reformed, Senator John McCain, the chairman of the Senate Armed Services Committee, said on Thursday. The Arizona Republican, a former presidential candidate and prisoner of war during the Vietnam...

  • DUBAI, United Arab Emirates— Stock markets across the Gulf Arab region and other parts of the Middle East closed slightly lower on Thursday, an expected tumble after Saudi Arabia launched airstrikes overnight on neighboring Yemen. Oil prices were also hit by the jitters over the escalation in Yemen, with Brent crude up $2.34 at $58.81 and U.S. crude up $2.20 at...

  • COLOGNE, Germany— CEO of Germanwings parent company Lufthansa: no indication what co-pilot's motive was.

  • DUBAI, March 26- Economies and markets in the wealthy Gulf oil exporters barely blinked when Islamist militants overran parts of neighbouring Iraq last year, and they look likely to ride out escalating conflict in Yemen with similar ease. Air strikes against Houthi forces in Yemen by Saudi Arabia on Thursday raised the prospect of a proxy war, with Shi'ite Iran...

  • Yemeni men search for survivors in rubble of buildings after airstrikes of a 10-member coalition of Gulf countries in Yemeni capital Sanaa.

    Military intervention by Saudi Arabia in the conflict in Yemen is ringing alarm bells around the Middle East and the world.

  • How markets are impacted by Yemen conflict   Thursday, 26 Mar 2015 | 5:50 AM ET
    How markets are impacted by Yemen conflict

    With the conflict between Yemen and Saudi Arabia increasing; CNBC's Hadley Gamble and NBC's Ali Arouzi reports on the effects on the countries involved and the markets.

  • Yemen shuts sea ports on conflict: Reports   Thursday, 26 Mar 2015 | 5:00 AM ET
    Yemen shuts sea ports on conflict: Reports

    Yemen has reportedly shut all its major sea ports due to the escalating conflict. CNBC's Hadley Gamble discusses further.

  • In Washington, U.S. State Department spokesman Jeff Rathke identified Robert Oliver as the third American citizen killed in the crash. He provided no further details Thursday, but Oliver's parents told Spain's La Sexta television channel their son lived in Barcelona and worked for the Desigual clothing company based in Spain's second-largest city.

  • March 26- Saudi Arabia announced on Wednesday it had launched military operations in Yemen, carrying out air strikes in coordination with a 10- country coalition seeking to beat back Houthi militia forces besieging the southern city of Aden where the country's president had taken refuge. The crisis risks spiraling into a proxy war with Shi'ite Iran backing...

  • UPDATE 1-Oil prices surge after Saudi air strikes in Yemen Wednesday, 25 Mar 2015 | 10:19 PM ET

    *War-torn Yemen sits on the Gulf of Aden. *Tankers to Asia do not pass through Gulf of Aden. TOKYO/ SINGAPORE, March 26- Brent crude oil prices rose by more than a dollar in early Asian trading on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, although Asian importers said they were not immediately worried about supply...

  • Falkland Islands' fears for Russia-backed invasion   Wednesday, 25 Mar 2015 | 5:00 PM ET
    Falkland Islands' fears for Russia-backed invasion

    The UK has sent military support to the Falkland Islands, amid concerns that it faces an increased risk of an attack from Argentina, backed by Russia. CNBC's Ted Kemp reports.

  • Yemen on brink of civil war, reports leader fled Wednesday, 25 Mar 2015 | 4:28 PM ET
    Southern People's Resistance militants loyal to Yemen's President Abd-Rabbu Mansour Hadi move tanks from the al-Anad air base in the country's southern province of Lahej March 24, 2015.

    Houthi forces closed in on Yemen's president's home as reports surfaced that he may have fled, the NYT reports.

  • A Ukraine factory in the midst of war Wednesday, 25 Mar 2015 | 11:05 AM ET
    View of the Avdiivka Coke and Chemical Plant (AKHZ) in the eastern Ukrainian city of Donetsk.

    Caught on the front lines of a grinding artillery war since last July, a Ukrainian steel plant continues to stay open.

  • Falkland Islands’ fears for Russia-backed invasion Wednesday, 25 Mar 2015 | 10:05 AM ET

    The U.K. has sent extra military support to the Falkland Islands, amid concerns that it faces an increased risk of attack from Argentina.

  • March 25- Emergent BioSolutions Inc said the U.S. Food and Drug Administration approved its treatment for inhaled anthrax, triggering a $7 million milestone payment from the Department of Health and Human Services. Emergent Bio developed the treatment, Anthrasil, as part of a $160 million contract it signed in 2005 with the Biomedical Advanced Research and...