WorldPingPrice 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 after a series of drone attacks forced Saudi Arabia to…
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Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.
Brief by WorldPing · Original reporting by CNBC World
WorldPingSaudi Arabia's oil exports face imminent disruption from drone attacks on a key pipeline. The kingdom has only a few days of oil stocks remaining for export. This shutdown threatens to remove a significant portion of global oil supply from markets.
Brief by WorldPing · Original reporting by Times of India
WorldPingBrent crude futures rose $3.62, or 3.46%, to $108.23 per barrel as of 2214 GMT (Sunday). WTI futures rose $3.15, or 3.15%, to $103.20 per barrel…
Brief by WorldPing · Original reporting by The Hindu
Saudi Arabia temporarily shut the roughly 750-mile pipeline as attacks threaten a key alternative to the Strait of Hormuz.
Brief by WorldPing · Original reporting by CNBC World
WorldPingThe conflict in Yemen is intensifying, as government forces launch attacks against Iran-backed Houthi rebels along the Red Sea and Houthis fire into neighboring Saudi Arabia, which supports Yemen’s government…
Brief by WorldPing · Original reporting by ABC News
WorldPingAs Yemen risks descending into another civil war, the United Nations estimated that more than 80,000 people in the impoverished country have been displaced by the fighting since the start of September…
Brief by WorldPing · Original reporting by The Hindu
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