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FOUND: 2 | Mind Blowing Facts

Crude Prices Fall Back After IEA Forecasts Sharp Drop in Oil Demand

October WTI crude oil (CLV26 ) is down -2.97 (-2.90%), and October RBOB gasoline (RBV26 ) is down -0.0499 (-1.47%). Oct WTI oil prices today have fallen back after Thursday’s +6.7% rally to a 3.5 month high. Oil prices fell back after the International Energy Agency (IEA) today warned that...

Barchart

Saudi crown prince sought US military help from Trump with Houthis, sources say

Saudi Crown Prince Mohammed bin Salman asked US President Donald Trump for help countering Yemen’s Iran-aligned Houthis as threats to Red Sea shipping intensified, according to two sources. Washington declined direct military action for now but offered intelligence and targeting support, marking a shift in Riyadh’s approach to the Houthis.

The Economic Times

Trump calls for unity and support for Iran war during 9/11 remarks

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The Independent UK

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Iran-backed Houthis seize Yemen’s entire Red Sea coast, three strategic islands

The Iran-backed Houthis seized control of Yemen's entire Red Sea coast and captured three strategic islands on Friday, in a lightning offensive that cemented their hold on a vital shipping corridor linking Europe and Asia. Before the Red Sea offensive, the Houthis already controlled a large part of Yemen's north.

The Economic Times

IEA slashes global oil demand and supply forecast again as Iran war intensifies

The Paris-based agency is now predicting 2026 worldwide oil consumption dropping by 2.5 million barrels a day versus 2025 as prices surge.

Evening Standard

BRICS hand-in-hand: PM Modi, Putin, Pezeshkian, other leaders walk side by side, showcasing bloc unity

Prime Minister Narendra Modi led Russian President Vladimir Putin, Iranian President Masoud Pezeshkian and other BRICS leaders at the Business Forum in New Delhi, where the leaders projected unity and called for deeper economic cooperation. Modi highlighted BRICS’ growing global economic weight, while Putin and Pezeshkian stressed stronger business ties…

The Economic Times

BRICS' trade puzzle: Modi, Putin and Pezeshkian pitch three different fixes

The BRICS Business Forum saw leaders discuss expanding intra-bloc trade and economic resilience. Prime Minister Modi focused on removing trade barriers and India's stability. President Putin addressed countering Western economic pressure and sanctions. President Pezeshkian linked economic security to conflict and rebuilding Iran's economy. New trade data reveals a complex…

The Economic Times

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The Houthis Are Making Gains, Threatening Saudi Arabia's Oil Exports. Satellite Images Raise Further Concerns.

The images show smoke in the vicinity of Saudi Arabia's East-West pipeline, through which the country has been rerouting exports.

International Business Times

How Iran draws citizens into political surveillance

Authoritarian governments have long drawn ordinary citizens into political surveillance. Joseph Stalin’s Soviet Union encouraged denunciations. East Germany’s secret police service, the Stasi, embedded informants in workplaces and neighbourhoods.

The Conversation

PM Modi, Iran's Pezeshkian hold first New Delhi talks since West Asia war; vow to expand bilateral ties

Prime Minister Narendra Modi held talks with Iranian President Masoud Pezeshkian in New Delhi on Friday, reviewing the escalating West Asia conflict and India-Iran ties. The meeting, their second in less than two weeks, came amid fresh US measures against Iran, disruptions to oil supplies and concerns over navigation and…

The Economic Times

Oil Prices Keep Climbing As a Result Of Global Conflicts. The IEA Expects Demand To Drop More.

The International Energy Agency expects global oil demand to decline by 2.5 million barrels per day this year.

International Business Times

US consumers faced more high prices in August as Iran war raised energy costs

Annualized inflation rate was 3.4%, same as July, and core inflation, which omits energy and food prices, rose to 2.4%

The Guardian - US

Hormuz crisis has forced Japan into rethinking – and domesticating – its energy security needs

Japan’s Foreign Minister Motegi Toshimitsu phoned his Iranian counterpart, Abbas Araghchi, on Sept. 8, 2026, to express concern over the de facto closure of the Strait of Hormuz. It was reportedly the ninth such phone call between the pair since March.

The Conversation

Trump Has No Regrets Over Iran War as Diesel Hits $6 Per Gallon: 'If I Had to Do It Again, I'd Do Exactly What I Did'

Donald Trump has defended the Iran war as US diesel prices exceed $6 a gallon, oil remains above $100 per barrel, and rising borrowing costs threaten to deepen inflationary pressure.

International Business Times UK

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International Business Times

Iran-Backed Houthi Rebels Make Further Gains In Yemen, Reach Key Island In The Red Sea

The group reached the island of Perim in the Bab el-Mandeb Strait, a breakthrough that could help the group tighten its grip on the key shipping lane.

The Economic Times

BRICS 2026: US-Israel's war has pushed Iran’s economy into a ‘far more dangerous phase’, says President Masoud Pezeshkian

Iranian President Masoud Pezeshkian told the BRICS Business Forum that the US-Israel military action against Iran had shown economic security could not be separated from national and regional security. At his first major international stage since the February war began, he urged BRICS to strengthen economic resilience through diversified trade,…

International Business Times

The War In Iran Has No End In Sight. Diesel Just Hit $6 For The First Time Ever.

The Energy Information Administration outlook raised its forecast for next year's diesel prices as well.

Reason

President Trump Is Bold, Brave, and Right on the Iran War

He defied almost all his advisors, including Vice President J.D. Vance, and has done all the right things on the Iran War.

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The Guardian - UK

Iran’s Houthi allies capture strategic island on vital oil shipping route

Rampant Yemeni fighters take control of island in narrow point of Bab al-Mandab strait, which Saudi is relying on for oil exports

The Economic Times

Saudi airstrikes hit Yemen's rebel-held Mokha airport as Houthis take island near key strait

Yemen's Houthi rebels seized a strategic island in the Bab el-Mandeb Strait. This advance further threatens Saudi oil exports through a key global shipping lane. Saudi Arabia responded with airstrikes against the port city of Mokha, which the Houthis captured. The rebels' territorial gains could boost Iran's strategy to pressure…

The Independent UK

Houthis capture Red Sea island in threat to shipping, and other Mideast developments

Iranian-backed Houthi rebels in Yemen have captured a strategic island in the Bab el-Mandeb Strait

The Economic Times

Trump rejects Saudi request for strikes on Houthis: Axios

The Iran-backed Houthis, who have for years controlled large parts of northern Yemen, launched a large-scale offensive last week against Saudi-backed government forces, killing hundreds.

International Business Times UK

Trump Claims Iran War Is Nearly Over While Top Aides Reportedly Warn It Could Drag on Beyond His Term

Donald Trump has promised the Iran war will end after the November midterms, while senior advisers reportedly believe Tehran could sustain the conflict beyond 2029, fuelling political and economic concerns.

Reason

How the War on Terror Turned 9/11 Into a Permanently Open Wound

The government ensured that there would be no end to the public's fears—and no real justice for bin Laden's victims.

The Guardian - US

Trump’s clash with Canada is his latest imperialistic embarrassment

The president’s chaotic schemes of aggrandizement, from Venezuela to Iran, have no larger rationale

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