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Yemeni forces reclaim Dhubab, key positions near Bab al-Mandeb from Houthis

Army of internationally recognised gov't claims key gains near strait before Saudi, Pakistani, Turkish officials meet.

Saudi oil under fire, Aramco plots new routes to keep barrels flowing

Saudi Aramco is actively developing additional oil export routes and studying overseas storage to address vulnerabilities. The ongoing attacks on Saudi energy infrastructure by Yemen’s Houthi rebels have heightened security concerns. CEO Amin Nasser indicated that crude supply could reach 12 million barrels per day if…

Saudis Slash Oil Prices to Asia in Battle for Market Share

Saudi Aramco has cut prices for its benchmark oil grade to Asia to a six-year low as Persian Gulf producers race for market share with flows through the Strait of Hormuz increasing.

Oil prices ease slightly as G7 and Middle East crude supplies set to hit market

Oil prices saw a modest decline as fresh shipments from the Middle East hit the market. The G7's move to tap into emergency reserves reflects growing energy apprehensions. Nevertheless, the crude oil market stays turbulent, as conflicts in the Gulf region persist. Notably, Yemen's Saudi-backed government has initiated…

Yemen's government announces all-out war to reclaim land from Houthis

The Yemeni president's announcement comes amid an exchange of strikes between the Houthis and the Saudi-led coalition.

Medina power station for Prophet’s Mosque hit in Houthi attack, Saudi strikes Yemen