Transit via the key trade route has reportedly been halted indefinitely over fears of new Houthi attacks British oil giant Shell has paused transit through the key Red Sea shipping route indefinitely over fears of attacks following the recent US and UK airstrikes on Yemen’s Houthi rebels, the Wall Street Journal reported on Tuesday.

Saudi Arabia has yet to officially join the BRICS group of economies, the kingdom’s minister of commerce, Majid Al-Kasabi, announced at the World Economic Forum in Davos on Tuesday. Saudi state broadcaster reported earlier this month that the kingdom had officially become a member of BRICS. The reports, however, were later removed from social media.

Russia has not only withstood the pressure of Western sanctions and outside risks but has also managed to steer its economy toward sustainable growth, Prime Minister Mikhail Mishustin said on Tuesday.