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ARAMCO ATTACK
Yemen's Houthi rebels target Riyadh with ballistic missile, Saudi Arabia saysSaudi Arabia said Yemen’s Houthi rebels launched a ballistic missile toward Riyadh and attempted attacks on civilian infrastructure in seve...
Aramco to up oil exports to 60 mn barrels in September, OctoberThe rebound in state oil company Saudi Aramco's exports from inside the Gulf to 1 million to 1.5 million barrels per day on average, simila...
F-15 fighter jet and drone shot down by Houthis in Yemen, claim Iran-backed rebels also say Saudi Arabia carried out 40 airstrikesYemen’s Houthi rebels have claimed they shot down a Saudi F-15 over Marib and released footage purportedly showing the missile strike and a...
Aramco closes supply tap for Indian refiners, new oil barrels to cost moreSaudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...
Alleging Houthi attack on Mecca, Saudis hit YemenSaudi warplanes pounded Yemen while Houthi fighters launched drones and missiles at Saudi cities. The United States tightened its travel wa...
Oil Price Today (September 16): Crude oil hovers below $109 despite rising Saudi supply concerns. $120 soon?Investors are now watching how long Saudi Arabia’s East-West pipeline will remain out of operation. Drone strikes forced the pipeline to sh...
Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
Saudi pipeline hit by drones to be out of service for weeks, further restricting oil flowA Saudi oil pipeline faces weeks of repairs after an attack, impacting global petroleum supplies. Houthi rebels captured key Red Sea island...
Saudi oil pipeline hit in strikes will be mostly out of service for several weeks for repairA key Saudi oil pipeline will remain out of service for weeks following a drone attack. The East-West Pipeline is crucial for Saudi Arabia'...
Who is fighting in Yemen? Key factions battling for control of the countryHouthi militants backed by Iran are intensifying fighting in Yemen. They aim to control the Red Sea coast and the Bab el-Mandeb Strait. Thi...
Oil’s $100 nightmare is back as worst-case scenario is taking shapeHouthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impactin...
Saudi-led coalition in Yemen says 73 injured in Houthi attacks on the kingdomThe Houthis, who control the most populous parts of Yemen and much of the north, have been launching attacks towards Saudi Arabia since t...
Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
Two tankers carrying Saudi oil attacked in Strait of HormuzTwo supertankers carrying Saudi crude were struck by unknown projectiles within minutes of each other while exiting the Strait of Hormuz, s...
Some Indian refiners, a global energy major plan to avoid Iran-blacklisted ships amid Hormuz riskIndian refiners and a global energy major will avoid Iran's blacklisted ships. This decision stems from security concerns over vessels cros...
UKMTO says tanker struck by unknown projectile off Saudi Arabia's YanbuA tanker sustained damage from an unknown projectile near Saudi Arabia's Yanbu port. The vessel experienced a fire on its main deck, but al...
Oil Price Today (August 19): Crude oil nears $92/barrel as Trump claims US in no talks with Iran. What lies ahead?Crude oil prices edged closer to $92 a barrel on August 19 as escalating Middle East tensions and diplomatic stalemates between the US and ...
Oil Price Today (August 18): Crude oil crosses $91/barrel amid fading US-Iran peace hopes. What lies ahead?Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruption...
Oil Price Today (August 17): Crude oil approaches $90 again amid no breakthrough in Iran war talks. What’s next?Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...
Oil treads water as US-Iran peace talks stall, Hormuz shipping slowsOil prices maintained stability as tanker movements through Hormuz showed a decline. While Brent crude futures edged up, WTI futures posted...