Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double

Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.

Ship targeted by 2 suspected missiles from Yemen's Houthi rebels in Gulf of Aden as oil tanker burns

JON GAMBRELL
August 30, 2024

DUBAI, United Arab Emirates (AP) -- Two missiles suspected to have been fired by Yemen's Houthi rebels targeted a ship in the Gulf of Aden late Friday, splashing down nearby without causing any damage, authorities said.

The attack comes after the Houthis repeatedly assaulted and then boarded a Greek-flagged oil tanker in the nearby Red Sea, planting explosives on it they later detonated. That attack, the worst in weeks, risked a major oil spill as the rebels' campaign disrupts the $1 trillion in goods that pass through the Red Sea each year over the Israel-Hamas war in the Gaza Strip, as well as halting some aid shipments to conflict-ravaged Sudan and Yemen.

The attack Friday saw two missiles "exploding in close proximity to the vessel" some 240 kilometers (150 miles) east of Aden, the British military's United Kingdom Maritime Trade Operations center said.

The ship "reports all crew are safe and proceeding to next port of call," the UKMTO said. "Investigations are ongoing."

The Houthis did not immediately claim the attack. However, it can take the rebels hours or even days to acknowledge their assaults.

The Houthis have targeted more than 80 vessels with missiles and drones since the war in Gaza started in October. They seized one vessel and sank two in the campaign that also killed four sailors. Other missiles and drones have either been intercepted by a United States-led coalition in the Red Sea or failed to reach their targets.

The rebels maintain that they target ships linked to Israel, the U.S. or the U.K. to force an end to Israel's campaign against Hamas in Gaza. However, many of the ships attacked have little or no connection to the conflict, including some bound for Iran.

Meanwhile, the U.S. military's Central Command said Saturday it destroyed two drones over Houthi-controlled territory in Yemen.

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