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30.10.26 - 04:06
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Oil prices rise as Houthi attacks on Saudi Arabia stoke supply fears; Brent nears $116 (Times of India)
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Crude oil prices are increasing as Brent crude surpasses $115 per barrel amid escalating tensions. Attacks by Yemen's Houthi group on Saudi oil sites raise fears of supply disruptions. Efforts for diplomatic negotiations between Washington and Tehran remain unyielding, contributing to market uncertainty. Meanwhile, Iranian reports of maritime incidents further heighten security concerns in the Gulf region....
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28.10.26 - 12:54
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Saudi Oil Exports Near Wartime High as Houthis Mount Attacks (Bloomberg)
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Saudi Arabia's oil exports are holding near wartime highs this month despite a wave of attacks on the kingdom's energy infrastructure and an increase in reported Iranian strikes on tankers in the Strait of Hormuz, according to preliminary data from ship-tracking firms....
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28.10.26 - 09:18
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Why Saudi Just Abandoned Its Core Oil Rule (ZeroHedge)
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Why Saudi Just Abandoned Its Core Oil Rule
Authored by Simon Watkins via OilPrice,Few could argue with U.S. President Donald Trump's key objective in launching 'Operation Epic Fury' against Iran on February 28 - to prevent Iran from ever being able to develop a nuclear weapon. All members of his Cabinet fully backed this aim at the time, as they did the other three: to effect regime change, to critically degrade Iran's ballistic missile capability, and to neutralize the ability of its proxies, especially Hamas and Hezbollah, to cause mayhem across the Middle East and the world. The degree to which these objectives have been achieved so far is a matter for debate, but what is not is that Washington's closest Arab allies now harbor deep misgivings over America's ability to shield them from the Iranian hornet's nest that U.S. attacks have provoked. This has again made them more susceptible to the soothing assurances from Beijing that it can keep them safe from the terror of Tehran ove...
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