Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

BIZARRE: 6 | Mind Blowing Facts

Oil Prices Fall Back as Red Sea Oil Shipments Continue

September WTI crude oil (CLU26 ) is down -3.62 (-4.04%), and September RBOB gasoline (RBU26 ) is down -0.0929 (-2.79%). WTI crude oil prices (CLU26 ) are down by about -4% today, giving back much of Thursday’s rally of +6.17%. Meanwhile, Sep Brent crude oil prices (CBU26 ) have fallen...

Barchart

Oil keeps flowing from Red Sea as Hormuz bypass stays open

Despite Houthi threats and a declared blockade against Saudi Arabia, oil shipments from Yanbu continue, though many Western tankers are going dark on transponders or rerouting via Suez/Cape of Good Hope to avoid the Bab el-Mandeb strait, adding cost and time to voyages.

The Economic Times

Tanker switches Asia voyage via Suez amid Houthi warnings, owner says

The Torm Innovation tanker will navigate the Suez Canal to Asia. This decision follows Houthi threats impacting shipping in the southern Red Sea. Crew safety remains the company's highest priority amid security concerns. Red Sea traffic has seen significant drops since attacks began last year. Critical fuel shipments face extended…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

US strikes Iran from south to north after Trump threats over Red Sea shipping

US missiles struck targets across Iran after Houthi attacks on Saudi tankers escalated regional conflict. Iranian forces retaliated by firing at US bases in neighboring Arab countries. The Houthi attacks pushed oil prices above $100 per barrel, impacting global markets. Shipping insurance costs doubled, and several tankers diverted their routes.…

The Economic Times

Explosions are heard near a US base in northern Iraq as US-Iran fighting escalates

Explosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of strikes against Iran in recent weeks. Iran has attacked ships in the Strait of Hormuz and targeted U.S. assets and allies. Houthi rebels also targeted Saudi…

The Economic Times

Iran-US war latest: Trump insists Tehran can’t have a nuclear weapon as Houthis claim missile attack on Saudi Arabia

Trump says he doesn’t ‘think it’s time yet’ to agree to a deal

The Independent UK

Trump says US and Iran are talking, but Tehran not yet ready for a deal

President Donald Trump on Friday said the US and Iran were in ‌talks to negotiate ⁠an end to their ‌conflict, but repeated that ⁠Tehran was not yet ready for a deal. In Yemen, the Houthis said they were not seeking to close the key Bab al-Mandeb Strait and that their…

France 24

Read news from The Economist, FT, and more,
with one subscription

Trump threatens 'major military punishment' after Houthi strike on Saudi tankers

President Trump vowed major military punishment for Iran and its Houthi allies. Houthi fighters struck two Saudi oil tankers in the Red Sea. Global oil prices surged significantly after the attacks on shipping routes. Iran also reported missile strikes on U.S. military sites in Jordan and Kuwait. These escalating events…

The Economic Times

Trump threatens Iran and Houthi rebels with 'major military punishment'

Iran and the United States threatened to intensify attacks on Thursday after Yemen's Houthi rebels struck Saudi oil tankers in the Red Sea, driving Brent crude above $100 a barrel and fuelling fears of a widening regional conflict and renewed pressure on the global economy.

France 24

Donald Trump says decision on ‘massive attack’ against Iran is close

President’s remarks follow Houthi strikes on Saudi tankers in the Red Sea and oil prices rising past $100 a barrel again

The Guardian - UK

New threat by Yemen's Houthis could widen Iran war, put another trade chokepoint at risk

Houthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in the Red Sea. This action escalates tensions and risks wider regional conflict. The vital strait connects the Red Sea to the Gulf of Aden. Disruption here could significantly impact…

The Economic Times

Oil crosses $100: A 'perfect hurricane' can trigger bigger shock soon

Brent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el-Mandeb — at the same time. While markets were already grappling with disruptions in Hormuz due to the US-Iran conflict, fresh Houthi attacks on Saudi oil tankers…

The Economic Times

Oil Prices Soar as US-Iran Conflict Expands to Red Sea

September WTI crude oil (CLU26 ) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26 ) closed up +0.0186 (+0.58%). WTI crude oil prices (CLU26 ) are up more than +6% today after the Iran-backed Houthis launched a missile and drone attack on two Saudi Arabian oil tankers...

Barchart

Oil soars to $100 on fresh Mideast attacks

LONDON - Oil prices surged to $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping and US President Donald Trump threatened to strike them in return.

Bangkok Post

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Brent crude oil price surges past $100 as Houthi tanker attacks in Red Sea rattle markets

Brent crude surged above $100 a barrel after Houthi rebels claimed attacks on Saudi oil tankers in the Red Sea, escalating supply concerns. Rising crude prices intensified inflation fears, lifted bond yields and heightened risks to global energy markets.

The Economic Times

India loses Russia oil discount as Red Sea, Hormuz risks upend crude markets

Russia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alternative cargoes. Rising crude oil prices and higher import costs could squeeze margins for Indian refiners, including BPCL, as geopolitical tensions reshape global oil trade and energy markets.

Bangkok Post

Iran vows to continue strikes in spreading Mideast war

TEHRAN - Iran vowed on Thursday to keep striking the region so long as it remains under attack, as the Middle East war spread to new fronts with Tehran’s Houthi allies attacking Saudi shipping in the Red Sea.

Euronews

Gulf oil producers race to build alternatives to the Strait of Hormuz as oil hits $100

Gulf oil producers are spending billions of dollars on pipelines designed to route crude around the Strait of Hormuz, as Iran's grip on the waterway drags on causing oil prices to hit $100 a barrel for the first time since May.

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Hormuz, Red Sea spark a 1,000% war-risk premium shock

War-risk insurance premiums have surged by as much as 1,000% as tensions across the Strait of Hormuz and the Red Sea disrupt shipping. Fresh Houthi attacks and the US-Iran conflict are raising voyage costs, increasing crude import expenses for India and adding fresh uncertainty to global oil markets.

The Independent UK

Iran-US war latest: Oil prices surge above $100 as Trump weighs broader Iran offensive

‘They haven’t received enough pain yet,’ president warns after attacks on ships crossing the Red Sea

The Guardian - AU

Houthis claim strikes on two Saudi tankers as US attacks on Iran widen

Attacks by Iranian-aligned Houthis in Red Sea follow Trump threats to destroy more Iranian infrastructure

France 24

UN chief says Middle East conflict is at the 'edge of the imaginable'

Ongoing conflict in the Middle East has pushed the region to the "edge of the unimaginable", UN Secretary-General Antonio Guterres warned on Thursday, as Houthi attacks on shipping in the Red Sea threatened to escalate the conflict further. President Donald Trump said the US would hold Iran responsible for these…

The Economic Times

Houthis claim attacks on Saudi tankers in Red Sea, raising risk of new chokepoint in Iran war

Houthi militants claimed strikes on two Saudi oil tankers, raising Red Sea shipping risks. The United States launched new strikes on Iran, marking a twelfth successive night of attacks. These actions threaten global oil supplies and increase regional conflict potential. Iran warned of targeting economic infrastructure if its own infrastructure…

The Guardian - AU

Middle East crisis is ‘getting out of control’, UN chief warns – as it happened

This live blog has not closed

The Economic Times

More tankers turn back as Houthi threat rattles Red Sea oil trade

Houthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after the blockade declaration. European Union naval forces advised ships to avoid voyages through the Red Sea. This situation raises concerns for global energy supplies and international trade…

1 … 5 6 7 8

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Wall Street Journal

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.