DARK SECRETS: The red sea | Vintage Vibes

Yemeni government strikes Houthis as tensions escalate amid reports of planned Saudi offensive

Yemen's government has launched military strikes aimed at Houthi positions in Sanaa, marking a significant escalation amid the Houthis' recent announcement of a naval blockade against Saudi Arabia. As tensions rise, reports indicate that Saudi Arabia could unleash a major offensive against Houthi forces along the Red Sea coast, potentially…

The Times of India · Oct 4

Crude Oil Prices Pressured as G7 Nations Release Strategic Reserves

November WTI crude oil (CLX26 ) closed down -1.76 (-1.90%) on Friday, and November RBOB gasoline (RBX26 ) closed down -0.0902 (-2.65%). Crude oil and gasoline prices settled sharply lower on Friday after the G7 announced it will release up to 100 million bbl of crude oil and diesel supplies...

Barchart · Oct 2

The Mecca alliance meets the Red Sea – Saudi Arabia’s new defense pact faces its first major test

When Saudi Arabia, Turkey and Pakistan agreed to a mutual defense pact in August, it was principally seen as a political commitment. The “Mecca alliance,” as it was dubbed, stipulated that an armed attack on one would be treated as an attack on all three, accompanied by deeper military cooperation.

The Conversation · Sep 29

Yemen’s Houthis move to control crucial waterway – our research maps the countries most at risk

The advance of the Iran-aligned Houthi rebel group in Yemen has driven more than 130,000 people from their homes since the beginning of September, deepening the humanitarian crisis in an already poor country with a long history of domestic conflict.

The Conversation · Sep 28

Crude Prices Fall Sharply in Hopes of a Deal to Reopen Hormuz

November WTI crude oil (CLX26 ) closed down -2.20 (-2.33%) on Friday, and November RBOB gasoline (RBX26 ) closed down -0.1455 (-4.37%). Crude oil and gasoline prices sold off on Friday in hopes that negotiations between the US and Iran will lead to a deal to reopen the Strait of...

Barchart · Sep 25

Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz

November WTI crude oil (CLX26 ) is down -0.58 (-0.61%) today, and November RBOB gasoline (RBX26 ) is down -0.0826 (-2.48%). Crude oil and gasoline prices are sliding today in hopes that negotiations between the US and Iran will lead to a deal to reopen the Strait of Hormuz. Weakness...

Barchart · Sep 25

Saudi Arabia reports fresh Houthi attacks as France offers military support to protect Yanbu

Yanbu serves as the kingdom's primary crude export terminal on the Red Sea and is connected to its oil-producing regions near the Gulf coast by the East-West pipeline, also known as Petroline.

Euronews · Sep 25

Saudi Arabia intercepts wave of Houthi missiles as oil climbs to one-week high

The ⁠Saudi-led coalition in Yemen said the missiles were ⁠aimed at Taif and the Yanbu area on the Red Sea, the main alternative route for Saudi oil

The Guardian - AU · Sep 25

Crude Prices Rally on Heightened Risks to Middle East Oil Supplies

November WTI crude oil (CLX26 ) closed up +2.45 (+2.66%) on Thursday, and November RBOB gasoline (RBX26 ) closed down -0.0074 (-0.22%). Crude oil and gasoline prices settled mixed on Thursday. Crude prices rose sharply on Thursday after Iran threatened to expand the war in the Middle East, dimming the...

Barchart · Sep 24

Crude Prices Surge as Risks to Middle East Crude Supplies Intensify

November WTI crude oil (CLX26 ) is up +3.70 (+4.01%) today, and November RBOB gasoline (RBX26 ) is up +0.0553 (+1.66%). Crude oil and gasoline prices are moving sharply higher today, with gasoline posting a 4-month high. Crude prices are soaring today after Iran threatened to expand the war in...

Barchart · Sep 24