BP pauses all Red Sea shipments after rebel attacks | BBC News

BBC News published this video item, entitled “BP pauses all Red Sea shipments after rebel attacks | BBC News” – below is their description.

Oil giant BP has announced it is pausing all shipments of oil through the Red Sea after recent attacks on vessels by Houthi rebels.

The firm blamed the “deteriorating security situation” in the region as Iran-backed Houthis target ships they believe are bound for Israel.

Many freight firms have suspended journeys as the attacks continue.

BP said it would keep its “precautionary pause under ongoing review” and monitor the region.

Subscribe here: http://bit.ly/1rbfUog

For more news, analysis and features visit: www.bbc.com/news

#RedSea #BP #BBCNews

BBC News YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - BBC News

The video item below is a piece of English language content from BBC News. The British Broadcasting Corporation (BBC) is a British public service broadcaster funded by the UK Government, and British license fee payers. Its headquarters are at Broadcasting House in Westminster, London.

Recent from BBC News:

Japan lands on moon but glitch threatens mission | bbc news 1

Japan lands on Moon but glitch threatens mission | BBC News

Kneecap: Irish language rappers debut film at Sundance | BBC News

Violent crime soars in South Africa with murders at 20-year high | BBC News

In This Story: BP

BP plc (formerly The British Petroleum Company plc and BP Amoco plc) is a British multinational oil and gas company headquartered in London, England. It is one of the world’s seven oil and gas “supermajors”.

Stock tickers: (LSE: BP., FWB: BPE, NYSE: BP, FTSE 100 component (BP.))

BP’s origins date back to the founding of the Anglo-Persian Oil Company in 1908, established as a subsidiary of Burmah Oil Company to exploit oil discoveries in Iran. In 1935, it became the Anglo-Iranian Oil Company and in 1954, adopted the name British Petroleum.

3 Recent Items: BP

Final Fantasy XIV: Dawntrail – Official New Job ‘Pictomancer’ Trailer

Oil prices rise as Iranian-backed militia vows to keep attacking ships in Red Sea

Stock Market news: Stocks close higher as Dow notches fifth straight record Dec 19 | Yahoo Finance

In This Story: Iran

Iran, also called Persia, officially the Islamic Republic of Iran, is a country in Western Asia. Its central location in Eurasia and proximity to the Strait of Hormuz give it significant geostrategic importance. Tehran is the capital and largest city.

Iran is home to one of the world’s oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BC. The Iranian Revolution established the current Islamic Republic in 1979.

Iran’s political system combines elements of a presidential democracy and an Islamic theocracy. Iran is a founding member of the UN, ECO, OIC, and OPEC. It is a major regional and middle power and has large reserves of fossil fuels — including the world’s largest natural gas supply and the third largest proven oil reserves.

The country’s rich cultural legacy is reflected in part by its 22 UNESCO World Heritage Sites. Historically a multi-ethnic country, Iran remains a pluralistic society comprising numerous ethnic, linguistic, and religious groups, the largest being Persians, Azeris, Kurds, Mazandaranis and Lurs.

4 Recent Items: Iran

5 Iranian Revolutionary Guards killed in Israeli strike on Damascus, state media reports

Iran Revolutionary Guards reportedly killed in airstrike in Damascus | DW News

Israeli strike kills Iranian military advisers in Syria

Nightly News Full Broadcast – Jan. 19

In This Story: Israel

Israel, a Middle Eastern country on the Mediterranean Sea, is regarded by Jews, Christians and Muslims as the biblical Holy Land. Its most sacred sites are in Jerusalem. Within its Old City, the Temple Mount complex includes the Dome of the Rock shrine, the historic Western Wall, Al-Aqsa Mosque and the Church of the Holy Sepulchre. Israel’s financial hub, Tel Aviv, is known for its Bauhaus architecture and beaches. 

2 Recent Items: Israel

Can international justice stop Israel? | Inside Story

Iran Revolutionary Guards reportedly killed in airstrike in Damascus | DW News

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.