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DARK SECRETS: Saudi arabia - The Real Truth

BRICS has the oil jackpot. Now comes the hard part

BRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the UAE, along with major consumers India and China. The grouping accounts for roughly 41-47% of global crude oil production, but differences among members make a common…

The Economic Times

Saudi Arabia shuts key oil pipeline as Houthis seize strategic Red Sea island

Saudi Arabia has shut down its major East-West oil pipeline after it was attacked by drones, as the widening Iran war opened another front around one of the world’s most important energy corridors. The pipeline, which carries millions of barrels of crude across the Arabian Peninsula, was struck on Thursday…

The Times of India

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

The Houthis have seized control of Perim island, significantly affecting a crucial shipping corridor. Additionally, a drone strike originating from Iraq temporarily disrupted Saudi Arabia's oil pipeline, intensifying the strain on Gulf oil exports during a period of stalled diplomatic negotiations. In response to this rising threat, Saudi Arabia has…

The Economic Times

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Iran-backed Houthis seize near control of vital Bab el-Mandeb shipping lane

Yemen's Iran-aligned Houthi rebels captured the strategic Perim Island in the Bab el-Mandeb Strait, located at the southern entrance to the Red Sea, officials said on Friday. The lightning move opens a new front in the Iran war and threatens energy supplies, especially Saudi oil exports, from passing through one…

France 24

Gulf states weigh rare meeting with Iran next week on Hormuz

Gulf states are considering a meeting with Iranian officials next week. Oman aims to convene foreign ministers to discuss the Strait of Hormuz. Escalating hostilities in Yemen may complicate these sensitive diplomatic plans. Iran stated plans are underway for discussions with Gulf neighbors. The Bab el-Mandeb chokepoint has become particularly…

The Economic Times

Saudi Energy Infrastructure Keeps Getting Hit. Riyadh Has Now Shut Down a Key Pipeline.

The Saudi Energy Ministry said it shut down the East-West Pipeline as a precaution.

International Business Times

Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepoint

Foreign ministers from the Gulf Cooperation Council—which is comprised of Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain, and Oman—will meet their Iranian counterpart on Monday.

Fortune

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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

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

New problem shaping up for the oil market as Hormuz remains shut

Houthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of Hormuz faces severe disruptions, impacting global oil flows. Saudi Arabia increasingly relies on the Red Sea route, which is now at risk from these advances. Higher oil and diesel…

The Economic Times

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

Anti-Saudi Arabia rant on stage takes over reading of 9/11 victims names and draws applause from families

‘How can it be 25 years and we still have no justice?’ Terry Strada asked from the stage, addressing the US leaders present

The Independent UK

Saudi Arabia 'Has Betrayed Muslims': 'Yaman Military' Account Threatens End to Kingdom's Prosperity

An unverified account called Yamani Military accused Saudi Arabia of siding with Israel and warned its prosperity would end, but offered no evidence, target, or concrete action.

International Business Times UK

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.

International Business Times

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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.

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Euronews

Houthis seize key Yemeni island in Bab el-Mandeb, taking control of the strait

Houthi fighters reached Perim Island which divides the Bab el-Mandeb into two shipping lanes after government forces withdrew, completing the group's takeover of the strait. Together with Iran's Hormuz blockade, this puts roughly a third of the world's seaborne trade under hostile control.

The Economic Times

As Saudi tensions with Iran-backed Houthis escalate, mediator Pakistan faces pressure to choose a side

Pakistan faces a difficult balancing act between Saudi Arabia and Iran. Recent fighting in Yemen is testing its dual role as defense partner and mediator. Islamabad seeks to avoid alienating Tehran while deepening Gulf ties. Pakistani officials are concerned about potential involvement in the conflict. The nation is advocating for…

Euronews

European leisure travel to Saudi Arabia forecast to grow 130% by 2030

According to new research, Europe was also the fastest-growing long-haul region for Saudi leisure travellers between 2019 and 2025.

International Business Times UK

Saudi Arabia Bypassed Hormuz With a Red Sea Oil Route, Now Houthis Threaten It Too

Saudi Arabia is relying on its East-West Pipeline to bypass disrupted Strait of Hormuz shipping, but Houthi advances near Bab el-Mandeb are increasing risks for Red Sea oil exports.

The Independent UK

Iran seeks end to Saudi blockade of Yemen after Tehran-backed rebels take key port

Iran's government has made its first public statement since Tehran-backed rebels in Yemen entered a key port in a move that could threaten global shipping

The Independent UK

Trump says no after Saudi crown prince pushes for US strikes on Houthis: report

Saudi Crown Prince Mohammed bin Salman called President Donald Trump twice on Thursday and urged him to launch strikes against the Houthis

The Times of India

Saudi crown prince allegedly asked Trump to hit Houthis; US president declined: Report

US President Donald Trump rejected phone calls from Saudi Arabia's crown prince Mohammed Bin Salman twice, urging him to launch strikes against Houthis, Axios reported, citing US officials.

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