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Saudi pipeline outage threatens loss of 4% of global oil supply
8+ hour, 21+ min ago (139+ words) LBCI Lebanon Saudi pipeline outage threatens loss of 4% of global oil supply /news/category/126/middle-east-news/en Middle East News Iran's Guards accuse US of endangering global oil supply Oil hits $100 after Houthi attack on Saudi tankers worsens oil supply disruption…...
Iran war???will end after US midterm poll???
1+ day, 55+ min ago (351+ words) Sun, 30 Aug 2026 Sat, 29 Aug 2026 Fri, 11 Sep 2026 Sun, 13 Sep 2026 Fri, 04 Sep 2026 Tue, 01 Sep 2026 Sun, 06 Sep 2026 Sat, 12 Sep 2026 Wed, 09 Sep 2026 Mon, 07 Sep 2026 Thu, 10 Sep 2026 Thu, 03 Sep 2026 President Donald Trump repeated yesterday that he believed the war with Iran will end after US…...
Middle East, Ukraine just dealt another blow to your wallet
1+ day, 8+ hour ago (982+ words) If you're expecting to fill up a gas tank or a truck with diesel fuel in the next few days, don't be surprised that prices are higher. Wholesalers in the United States and elsewhere have been telling customers they're raising…...
Oil's safety net Is running out: Market has lost its emergency supply cushion
1+ day, 3+ hour ago (289+ words) ALBAWABA - Oil prices may be set for another sharp increase in the coming months as emergency supplies that helped cushion markets after the Iran war begin to run out, Chevron CEO Mike Wirth warned. Since the battle began in late…...
Petrol price panic as Middle East tension flares
23+ hour, 44+ min ago (684+ words) Perth drivers have begun preparing for more pain at the bowser after global oil exports were threatened by Yemen rebels capturing an island at the entrance to the Red Sea, one of the world’s key shipping lanes. Only six months…...
'Silent killer for the economy': US diesel hits record $6 a gallon
1+ day, 10+ hour ago (301+ words) US diesel prices have hit record highs, up 63% from a year ago, raising fears of higher food and consumer costs diesel prices hit a record high, reaching $6 a gallon, or about 4.8 shekels per liter, in a development that could complicate…...
Saudi oil production just plunged to its lowest level since 1990
3+ day, 7+ hour ago (306+ words) ALBAWABA- Saudi Arabia’s oil production has plunged to its lowest level of the year as Houthi attacks, threats to Saudi shipping and the wider U.S.-Iran war increasingly disrupt the kingdom’s ability to move crude to international markets, adding fresh…...
Oil prices flare as Iran tightens grip on Hormuz
3+ day, 9+ hour ago (538+ words) kuwaittimes.com Oil prices flare as Iran tightens grip on Hormuz TEHRAN: Oil prices hovered above $100 a barrel on Thursday, a day after Iran said it attacked more than a dozen vessels trying to pass through the Strait of Hormuz....
Oil Tanker Rates Hit Record Highs as Middle East Shipping Risks Soar
3+ day, 21+ hour ago (373+ words) Oil tanker rates have jumped to record highs as escalating risks to shipping in and out of the Middle East are prompting traders and tanker operators to undertake inefficient and more expensive trade routes. While the crude oil supply is…...