Houthi

  • 2 mins

Iran fired undisclosed second wave of missiles at U.S. Navy ships, WSJ reports

Iran fired missiles at U.S. Navy ships on Monday in an attack the American military has not publicly acknowledged, The Wall Street Journal News Corp reported on September 8, citing U.S. officials. The strike, which missed its targets, came just…

That's all for today

You've seen all the main stories from today.

European stocks slip as oil nears $100 on Houthi attacks

London's FTSE 100 fell on Tuesday as oil prices surged toward $100 a barrel following Houthi attacks on Saudi energy facilities, stoking inflation fears across European markets ahead of a week packed with economic data releases.

  • 3 mins

Houthi strikes wound 73 and halt Saudi energy operations

Yemen's Iran-backed Houthi rebels launched a wave of missile and drone strikes against Saudi Arabia on Tuesday, wounding at least 73 civilians and sparking fires at energy facilities across the kingdom's southern region, Saudi authorities said. The attacks mark one…

You're all caught up

You've seen all the main stories from the past 2 days.

Saudi Aramco shifts to ad hoc crude allocations as Houthi threats choke exports

Saudi Aramco is managing September crude oil allocations to some Asian term customers on an ad hoc basis after hostilities in the Strait of Hormuz and the Red Sea disrupted the kingdom's export operations, according to Reuters, citing three sources…

Diesel crack spread hits record $98 after Houthi refinery strike

A Houthi drone strike on Saudi Aramco's Jazan refinery sent the diesel crack spread above $98 a barrel on Thursday, setting a record high and underscoring how geopolitical disruptions continue to ripple through global fuel markets even as crude oil…

Oil drops toward $75-$80 on Iran-Oman Hormuz deal hopes

Oil prices fell for a third consecutive day on Thursday after Iran announced it had reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz, pushing crude toward its lowest levels since the conflict began…

Houthis claim drone strikes caused fire at Saudi Abqaiq oil facility

Yemen's Houthi forces claimed on Monday that drone and missile strikes had caused a fire at Saudi Aramco's Abqaiq oil-processing facility, one of the world's most critical crude plants, while also targeting pipeline infrastructure connecting Saudi Arabia's Eastern Province to…

Houthi attacks on Saudi tankers drive Asian LNG prices to four-month high

Asian spot liquefied natural gas prices surged for a fifth consecutive week as Houthi attacks on Saudi oil tankers in the Red Sea extended Middle East disruptions to a second major shipping chokepoint, compounding months of turmoil around the Strait…

Trump says frozen Iranian assets will cover Gulf ship damage

President Donald Trump announced Thursday that the United States will use Iranian funds under its control to pay for damage sustained by ships and cargo in the Gulf region, his latest escalatory move in the ongoing confrontation with Tehran over…

Chinese refiners resell Mideast crude at premium as Houthi blockade tightens supply

Several Chinese refiners and traders have begun offering Middle Eastern crude cargoes they purchased weeks ago for resale to buyers in South Korea and Taiwan, capitalizing on surging spot premiums driven by an escalation in the U.S.-Iran conflict and fresh…

Yemen’s warring sides agree to largest prisoner swap since civil war began

Yemen's internationally recognized government and the Houthi movement agreed on Thursday to release more than 1,600 conflict-related detainees, the Office of the UN Special Envoy for Yemen announced, marking the largest prisoner exchange since the country's civil war erupted over…