Spread of Mideast War Worsens Oil Disruption
The attacks heightened concern that wartime damage could further disrupt oil flows and push prices higher, Reuters reported.
- On Friday, drone strikes knocked out Saudi Arabia's 1,200-km East-West pipeline, a critical route bypassing the Strait of Hormuz, after southern cities experienced regular alerts since last week.
- Houthi militants captured Perim Island, the "Gate of Tears" strait controlling the Red Sea's mouth, giving the Iran-backed group a vantage point to threaten shipping in the region.
- Oil markets reacted sharply as Brent surged over $100 a barrel for the first time since July, while U.S. diesel prices hit record highs above $6.20 a gallon on Sunday.
- Omani Foreign Minister Badr Albusaidi announced Sunday that regional diplomatic talks were postponed, while Crown Prince Mohammed bin Salman phoned President Donald Trump on Thursday requesting military aid but received only intelligence support.
- The escalating conflict has displaced more than 82,000 people since the start of September, stretching American military capabilities while handing leverage to Tehran as diplomacy to end the nearly seven-month-long war falters.
14 Articles
14 Articles
New Attacks in Hormuz and Saudi Test Nerves as War's Spread Worsens Oil Disruption
New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen's Houthis threatened to worsen the wartime disruption to global energy supplies.
Spread of war worsens oil supply disruption
MIDDLE EAST
Spread of Mideast war worsens oil disruption
DUBAI — New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen's Houthis threatened to worsen the wartime…
New attacks test nerves in Mideast
DUBAI — New strikes on Saudi Arabia and on ships in the Gulf tested nerves Sunday in the Middle East after an attack on a Saudi oil pipeline and an advance by Yemen's Houthis threatened to worsen the wartime disruption…
New attacks in Hormuz, Saudi test nerves as war's spread worsens oil disruption
ADEN/DUBAI — New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen's Houthis threatened to worsen the wartime disruption to global energy supplies. Oil traders were expecting prices to rise again when markets reopen on Monday, following the weekend developments that jeopardise supplies from the world's biggest exporter, Saudi Arabia. The Br…
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