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New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies

New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies

By Mohammed Ghobari , Eman Abouhassira and Yasmine Ghania ADEN/DUBAI, Sept 13 (Reuters) - Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, adding to concerns about Iran-related threats to energy supplies after Saudi Arabia shut down a vital oil
ReutersReuters
Gulf oil threatened anew as Houthis reach key island and pipeline is shut down

Gulf oil threatened anew as Houthis reach key island and pipeline is shut down

By Mohammed Ghobari, Eman Abouhassira and Yasmine Ghania ADEN/DUBAI, Sept 11 (Reuters) - Yemen's Iran-aligned Houthis reached the strategic island of Perim in the Bab el-Mandeb Strait on Friday, four Yemeni government sources told Reuters, moving to tighten their grip on a vital global shipping
AP NewsAP News
Saudi Arabia has few options as it faces mounting threats from Iran and its allies

Saudi Arabia has few options as it faces mounting threats from Iran and its allies

Houthi rebels in Yemen are advancing toward a crucial trade chokepoint
ReutersReuters
Analysis-Houthi advance in Yemen puts U.S. in a new bind

Analysis-Houthi advance in Yemen puts U.S. in a new bind

By Humeyra Pamuk, Simon Lewis and Matt Spetalnick WASHINGTON, Sept 12 (Reuters) - A lightning offensive by the Iran-aligned Houthis has put the militants in a position to control a crucial Middle East waterway, creating a major new problem for U.S.
ReutersReuters
Saudi pipeline outage threatens loss of 4% of global oil supply

Saudi pipeline outage threatens loss of 4% of global oil supply

By Alex Lawler and Dmitry Zhdannikov LONDON, Sept 13 (Reuters) - SAUDI PIPELINE OUTAGE THREATENS LOSS OF 4% OF GLOBAL OIL SUPPLY UNLESS PUMPING RESUMES WITHIN DAYS, SAY TRADERS, SOURCES SAUDI ARABIA HAS STORAGE AT YANBU FOR JUST 5-7 DAYS OF EXPORTS, PLUS SMALLER AMOUNT STORED IN EGYPT, THREE SOURCES
TheStreetTheStreet
Middle East, Ukraine just dealt another blow to your wallet

Middle East, Ukraine just dealt another blow to your wallet

Renewed tensions just sent the price of diesel to a new U.S. national record, straining already stapped Americans.
USA TodayUSA Today
Iran, Houthis block 2 key global shipping routes, straining the global economy

Iran, Houthis block 2 key global shipping routes, straining the global economy

Iran and Houthi rebels have effectively closed two key maritime chokepoints, threatening global oil prices and trade routes. Here's what it means.
AP NewsAP News
The US has made progress in reopening the Strait of Hormuz, but the Iran war is far from over

The US has made progress in reopening the Strait of Hormuz, but the Iran war is far from over

The United States has succeeded in loosening Iran's grip over the Strait of Hormuz while virtually shutting down Iran's own exports
AP NewsAP News
Yemen's Iranian-backed Houthis seize an island in a key strait, opening a new front in the Iran war

Yemen's Iranian-backed Houthis seize an island in a key strait, opening a new front in the Iran war

Officials say Yemen’s Iranian-backed Houthi rebels have captured a strategic island at the southern entrance to the Red Sea
ReutersReuters
Yemen's Houthis reach strategic island at mouth of vital shipping lane

Yemen's Houthis reach strategic island at mouth of vital shipping lane

By Mohammed Ghobari ADEN, Sept 11 (Reuters) - Yemen's Iran-aligned Houthis on Friday reached the strategic island of Perim in the Bab el-Mandeb Strait, four Yemeni government sources told Reuters, potentially tightening their grip on one of the world's vital shipping routes and further increasing
AP NewsAP News
The US has loosened Iran's grip on the Strait of Hormuz, but the costly war is far from over

The US has loosened Iran's grip on the Strait of Hormuz, but the costly war is far from over

The United States has succeeded in loosening Iran's grip over the Strait of Hormuz while virtually shutting down Iran's own exports
ReutersReuters
Oil set to end week above $100 for first time since mid-May as US diesel hits record high

Oil set to end week above $100 for first time since mid-May as US diesel hits record high

By Anushree Mukherjee Sept 11 (Reuters) - Oil prices slipped on Friday but remained on track to end the week above $100 a barrel for the first time since mid-May and U.S. diesel prices hit a record high as attacks along key Middle East shipping routes stoked prolonged supply disruption fears.