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       Newsletter

       Morning Briefing: Asia Pacific Edition

       Tuesday Briefing: BP Paused Red Sea Oil Shipments

       Plus corporate succession in South Korea.

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       By Jonathan Wolfe

       Dec. 18, 2023

       You’re reading the Morning Briefing: Asia Pacific Edition newsletter. Get what you need to know to start your day. Get it sent to your inbox.

       Image

       Cargo ships in the Red Sea near the opening of the Suez Canal. Credit...Sima Diab for The New York Times

       BP paused Red Sea oil shipments Global oil prices jumped yesterday after the energy giant BP said it had stopped sending tankers through the Red Sea. The route has become increasingly dangerous since the Houthi armed group began attacking ships with drones and missiles.

       The Houthis, which control much of northern Yemen, have said that they intend to prevent Israeli ships from sailing the Red Sea until Israel stops its war on Hamas. Both the Houthis and Hamas are backed by Iran.

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       Jonathan Wolfe is a senior staff editor on the newsletters team at The Times. More about Jonathan Wolfe

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