Gulf nations may prioritise domestic investments over US commitments amid economic pressures, says new report.
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Satellite imagery shows extensive damage to a Saudi Aramco fuel depot and apparent damage to a military site in southern Saudi Arabia following recent Yemen’s Houthi attacks, according to analyses by…
The 1,200km (745-mile) pipeline has been temporarily closed, affecting up to 5 percent of global oil supply.
Iran-linked rebels force closure of east-west pipeline and capture strategic island in Bab al-Mandab strait Business news – live updates Oil prices have climbed above $108 a barrel after a series of…
Impasse comes amid growing Saudi anger with Tehran over Houthi advances and strikes on airbase and pipeline Oil prices rise after drone attacks shut down Saudi Arabia’s east-west pipeline Gulf states…
Yemen’s Houthis on Monday claimed to have carried out a large-scale missile and drone attack on a Saudi air base in the southern city of Khamis Mushait, Anadolu reports. Houthi military spokesman…
Brent crude crosses $107 as Hormuz disruptions and Saudi pipeline shutdown threaten global oil supply.
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