Saudi Arabia Shuts East-West Pipeline After Drone Attack From Iraq
Saudi Arabia has shut down its critical East-West oil pipeline following multiple drone attacks that originated from Iraq, according to the Saudi Energy Ministry.
Strait of Hormuz
Saudi Pipeline Damaged in Houthi Drone Strike as Oil Prices Fall
Saudi Aramco’s East-West Pipeline sustained significant structural damage in a Houthi drone strike, with U.S. officials confirming the unmanned aircraft originated from Iraq.
US Diesel Prices Hit Record $6 a Gallon Amid Supply Disruptions
U.S. diesel prices hit another record Friday, surging past $6 a gallon nationally amid escalating Middle East conflict and refinery disruptions.
BRICS Divided: Middle East Rift Threatens Summit Unity in New Delhi
India hosts the BRICS summit in New Delhi as tensions between Iran and the UAE threaten the bloc’s unity, with leaders seeking a joint declaration on the Middle East crisis amid…
US-Iran Tensions Continue Over Strait of Hormuz Reopening
As of September 11, 2026, the U.S. and Iran remain locked in a protracted conflict over the Strait of Hormuz, with Iran demanding full compliance with…
Houthis Seize Strategic Port of Mocha in Red Sea Coast Drive
Iran-backed Houthi forces seized Yemen’s strategic port city of Mocha on Thursday, advancing toward positions overlooking the Bab el-Mandeb Strait.
Oil Prices Surge as Middle East Tensions Spark Global Energy Turbulence
Oil prices climbed, driven by mounting Middle East tensions and widening energy market disruptions that have pushed wholesale inflation higher and forced central banks to…
Gold Prices Hold Ground Despite ECB Rate Hike
The European Central Bank raised interest rates by 25 basis points on September 10, 2026, pushing borrowing costs higher to tame stubborn eurozone inflation.
Reportan que crisis de Ormuz está impulsando la demanda mundial de carbón y que llegará a un récord
Global coal demand is projected to reach a record 8.94 billion tonnes in 2026, growing by 1.2 per cent as geopolitical disruptions in the Strait of Ormuz drive up natural gas…
Global Stocks Fall as Oil Nears $100 Amid Mideast Hostilities
Global equity futures fell sharply on Tuesday as renewed Middle East hostilities pushed crude oil prices near the $100-a-barrel mark, while Treasury yields remained elevated ahead…
Oil Prices Top $100 as Iran Fires Missiles After U.S. Destroys Tankers
Global oil prices surpassed $100 per barrel on Wednesday after American military forces destroyed five Iranian oil tankers in the Gulf of Oman and near Kharg Island.
Oil Surges Above $100 as US-Iran Conflict Escalates in the Gulf
Global crude oil benchmarks pushed back above $100 a barrel on Wednesday, reaching levels not seen since July as a six-month military conflict between the United States and Iran…