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🔴 Middle East live: Pentagon report says Iran war has led to munitions shortfall

The war with Iran has cost the United States around $38 billion as of August 1, the nonpartisan Congressional Budget Office said Tuesday, estimating monthly expenses could rise by billions if the conflict wears on.

France 24 · Sep 15

Saudi pipeline hit by drones to be out of service for weeks, further restricting oil flow

A Saudi oil pipeline faces weeks of repairs after an attack, impacting global petroleum supplies. Houthi rebels captured key Red Sea islands, further threatening Saudi oil exports. This disruption forces the kingdom to shift crude oil away from the Persian Gulf. The pipeline's shutdown threatens extended periods of reduced oil…

The Economic Times · Sep 15

Houthis strike Saudi targets anew as talks over Strait of Hormuz stall

Iran-aligned Houthis launched fresh attacks on Saudi Arabia as their advances along Yemen’s Red Sea coast intensified pressure on Riyadh. Gulf states postponed talks with Iran, raising fears of wider regional conflict and oil supply disruptions. Saudi airstrikes continued, while Washington resisted direct military intervention. Crude prices rose amid heightened…

The Economic Times · Sep 15

Houthi rebels’ control of Red Sea oil chokepoint exposes deep divisions in Brics

Houthi rebel forces have seized the Yemeni port of Mokha as well as Mayyun Island overlooking the Bab el-Mandab strait. This gives Iran’s most powerful remaining proxy force in the Middle East nearly complete control of Yemen’s entire Red Sea coast.

The Conversation · Sep 14

Gulf states postpone strait of Hormuz talks with Iran as Yemen conflict intensifies

Impasse comes amid growing Saudi anger with Tehran over Houthi advances and strikes on airbase and pipeline

The Guardian - UK · Sep 14

Houthis capture more Yemeni Red Sea islands, tightening grip on Bab el-Mandeb

The Hanish archipelago fell after hundreds of government-allied forces withdrew, adding to Houthi control of Mokha and Perim Island. More than 80,000 people have been displaced in two weeks of fighting, as the internationally recognised government vows to regroup.

Euronews · Sep 14

Houthis seize 2 strategic Red Sea islands, and other Mideast developments

Yemen's Houthi rebels have seized the strategic islands of Greater and Lesser Hanish in the southern Red Sea

The Independent UK · Sep 14

Houthis and Saudi Arabia renew fighting, Iran denies any interference

Saudi Arabia launched dozens of airstrikes on western Yemen on Monday after Iran-backed Houthi rebels attacked military facilities in the kingdom. The renewed fighting around the Red Sea comes as the wider US-Iran war threatens vital shipping routes across the region.

France 24 · Sep 14

US borrowing costs hit 5% for first time since 2023 amid bond sell-off

Soaring oil prices of above $108 a barrel after Houthi attacks on Saudi infrastructure stoke inflation fears

The Guardian - UK · Sep 14

Yemen's Houthi rebels seize more key islands in southern Red Sea, tighten grip on shipping routes

Yemeni officials say the Houthi rebels captured more strategic islands in the southern Red Sea, strengthening their control of a major maritime shipping route

The Independent UK · Sep 14