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SAUDI ARABIA OIL SUPPLY THREAT
Rupee languishes at two-month lows as supply worries raise oil pricesThe Indian rupee hit a two-month low on Wednesday amid rising oil prices spurred by worries over Middle Eastern supply disruptions. In an e...
Houthi Red Sea threat would challenge a stretched US militaryThe Houthis' threats to block Saudi ports signify a troubling development in the Iran war, potentially raising US military commitments in t...
After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...
Saudi oil tankers bound for India, China reroute after Houthi warningTwo oil tankers carrying Saudi crude for India and China changed course. Houthi militia warned shipping companies against loading or unload...
Crude oil prices rise 2% on fresh attacks by US and IranOn Tuesday, oil prices surged nearly two percent amid escalating tensions between the United States and Iran. The situation was further com...
Oil prices to hit $120 soon? Goldman Sachs makes big prediction as Hormuz concerns loomGoldman Sachs has warned Brent crude could spike to $120 per barrel if disruptions through the Strait of Hormuz persist, though its base ca...
NSA Ajit Doval meets Saudi Foreign Minister Prince Faisal bin Farhan; discusses energy security and regional situationNational Security Advisor Ajit Doval visited Saudi Arabia for talks. He met Foreign Minister Prince Faisal bin Farhan to strengthen energy ...
Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
Oil prices dip as mediation efforts offset US-Iran strikesOil prices softened on Tuesday as markets weighed mediation efforts. Fresh attacks between the United States and Iran also influenced marke...
Pakistan can hit an oil jackpot amid a widening US-Iran warGulf states are seeking military partnerships with Pakistan amid regional tensions. Pakistan could gain oil and investment while deepening ...
How a Houthi blockade in the Red Sea tightens Iran's grip on global energy suppliesYemen's Houthis declared a maritime blockade against Saudi Arabia on Monday. This action escalates regional conflict and impacts global ene...
Yemen's Houthis announce a maritime embargo against Saudi ArabiaYemen's Houthi rebels have announced a maritime embargo against Saudi Arabia. This action follows recent attacks on Sanaa Airport and Abha ...
Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
Oil settles up on renewed US-Iran hostilities and threat of Red Sea closureOil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States ...
Pakistan worries about being drawn into US-Iran conflict after Houthis attack Saudi ArabiaRecent Houthi attacks on Saudi Arabia have frustrated Pakistan significantly. These actions threaten to draw Islamabad into the conflict, c...
Iran tells Houthis to close Red Sea gateway if US hits power network, sources sayIn a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States ca...
After Hormuz, Iran turns to Red Sea gateway as new pressure pointIran is signaling potential closure of the Bab el-Mandeb Strait via its Houthi allies. This move risks disrupting global trade and vital en...