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ARAMCO FIRE INCIDENT
Iran says Hormuz won’t reopen until US ‘corrects’ its behaviorIran issued new demands for the Strait of Hormuz reopening and the UAE reported an Iranian missile attack. Yemen's military launched attack...- Houthis behind attack on Saudi Aramco gas facility in Jubail region, reports Israeli mediaYemen's Houthis are behind the attack on a gas facility in Saudi Arabia's Jubail region, Israeli media reported, after reports emerged of a...
- Fire extinguished at Aramco facility in Jazan, Saudi Arabia saysFirefighters extinguished a blaze at Saudi Aramco's Jazan refinery on Sunday. The facility had previously been shut down following a Houthi...
- Crude shipments from Saudi Arabia's Yanbu port near maximum levels amid Houthi tensionsSaudi Arabia is maximizing oil exports through its Yanbu port this week. Increased loadings at Yanbu reflect rising tensions with Yemen's H...
- Crude oil prices jump 6%, hit two-week high after Trump says Iran peace deal is ‘over’. What are experts saying?Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears o...
- Oil Price Today (July 8): Crude oil flares up over 5% as ‘powerful’ US strikes on Iran revive supply fears. What’s unfolding?Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a bar...
- IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude pricesOil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...
- Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
- Middle East conflict sparks energy shock: European gas jumps 28%, oil surges 6%Energy prices soared after Iran attacked Middle Eastern energy infrastructure. Gas prices in Europe jumped 28% and oil gained 6%. Major gas...
- US-Israel attack on Iran Day 5 updates: Israel's airstrikes intensify, other Middle East nations engulf in conflictIsrael Iran War News Day 5: The Iran-Israel war intensifies on its fifth day. Both nations are expanding military actions beyond their bord...
- Saudi Arabia raises military readiness after Iranian strikes on Gulf statesSaudi Arabia's military is on high alert following drone attacks by Iran. The Ras Tanura oil refinery faced a partial shutdown after a stri...
- Facebook’s Meta-morphosis & this week's top tech storiesAround this time last year, Facebook – the world’s biggest social media company – decided to change course and rename itself Meta. Twelve m...
- Brent jumps past $70 for first time since pandemic began after Saudi facilities attackedBrent crude futures for May hit $71.38 a barrel in early Asian trade, the highest since Jan. 8, 2020, and were at $70.96 a barrel by 0611 G...
- Saudi oil attack: Where are we a week on and what happens next?There were at least 17 points of impact at Abqaiq, the world’s largest oil-processing facility.
- Crude oil can top $80; speed of recovery by Saudis will be keyConsumers in both North East Asia and India hold adequate reserves to cover any shortages.
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