Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab strait Business news – live updates Oil prices have climbed above $108 a barrel…
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Houthis threaten attacks on Saudi military targets over Yemen blockade Houthi military spokesman Yahya Saree said the group will continue to attack Saudi military positions until what he called the…
Middle Eastern shipping patterns face another violent reshuffle after fresh vessel attacks around Hormuz, the shutdown of Saudi Arabia’s critical East-West oil pipeline and the Houthis’ advance into…
By Jana Choukeir and Eman AbouhassiraTAIZ, Yemen/DUBAI, Sept 14 (Reuters) - Arab states in the Gulf called off a meeting with Iran planned for Monday, while Yemen's Houthis launched a new attack on…
The Iran-backed Houthi militia in Yemen claimed responsibility on Monday for renewed attacks on neighbouring Saudi Arabia, as fighting intensifies along Yemen's Red Sea coast. Houthi military ...
Saudis yet to provide details about damage from drone attack to key east-west pipeline to Red Sea that could affect 4% of global oil supply Saudi Arabia will run out of oil stocks for export if it…
Four percent of global oil supply at risk due to Saudi pipeline outage Saudi Arabia will run out of oil stocks for exports if it doesn't restart its major pipeline to the Red Sea within days, leading…
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