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23.09.26 - 04:30
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Oil prices ease as Saudi restores key pipeline, traders optimistic on US-Iran talks (Times of India)
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Oil prices have dropped below $100 a barrel due to Saudi Arabia restarting crude supply operations. Diplomatic efforts to resolve the US-Iran conflict have also contributed to easing market pressure. US crude inventories increased by 1.8 million barrels in the past week, contrary to analysts' expectations. Iraq is reportedly increasing its oil exports, signaling a shift in regional supply dynamics....
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23.09.26 - 02:21
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At Least 150 Killed In Yemen Within Two Days Amid Indiscriminate Saudi Air Campaign (ZeroHedge)
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At Least 150 Killed In Yemen Within Two Days Amid Indiscriminate Saudi Air Campaign
Authored by News Desk via The Cradle,
At least 150 people have been killed in Yemen since Sunday as Saudi warplanes launch indiscriminate strikes across the country and clashes continue between Ansarallah-led forces and Riyadh-backed proxies.
(Photo credit: Reuters)"The death toll from Saudi airstrikes, clashes, and artillery fire in the governorates of Taiz, Al-Jawf, Marib and Saada stands at 118," AFP reported on 22 September, citing what it said were Ansarallah-linked military sources.
Sources close to the internationally recognized government, supported by Riyadh, say 36 of their fighters have been killed, according to AFP.
Sirens sounded in Saudi Arabia on Tuesday due to more Yemeni strikes launched in response to the kingdom's aggression against Yemen.
Hours earlier, Saudi strikes killed several people in Yemen.
An early morning strike by the Saudi-led coalition, targeting a residential home in...
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22.09.26 - 18:30
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Putin Urges Immediate Yemen Ceasefire In Call With Saudi Crown Prince (ZeroHedge)
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Putin Urges Immediate Yemen Ceasefire In Call With Saudi Crown Prince
Russian President Vladimir Putin held a Monday telephone conversation with Saudi Crown Prince Mohammed bin Salman (who is also the prime minister) - wherein the two leaders focused on broad bilateral issues.
Referring to the "Saudi National Day", a TASS readout indicates "The Russian leader congratulated the Saudi Crown Prince on the upcoming national holiday - the day marking the founding of Saudi Arabia - noting that a century ago, the Soviet Union was the first foreign nation to recognize the Saudi Kingdom."
Aside from the usual boilerplate expressing satisfaction on the bilateral relationship on multiple fronts, the two addressed the ongoing crisis in the Middle East, where the Iran conflict has spilled over into Yemen this month.
Per the readout, MbS and Putin agreed that that there is "no alternative to political and diplomatic efforts aimed at normalizing the current crisis, while duly taking ...
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22.09.26 - 15:51
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UK′s Burnham Approves Military Support To Saudis, Limited To Aerial Refueling (ZeroHedge)
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UK's Burnham Approves Military Support To Saudis, Limited To Aerial Refueling
The UK has finally made a formal decision on the intense political and foreign policy question it has faced for the couple weeks since the Houthis started making rapid gains against the Saudi-backed coalition in Yemen.
London has announced it will increase its military support to Saudi Arabia, albeit it has become clear that this will still be very limited. "We're doing it for national security reasons in support of our own national security," Defense Minister Luke Pollard told Sky News of "defensive" air-to-air refuelling for Saudi warplanes engaged in air raids over Yemen. Needless to say Riyadh was hoping for much more.
RAF Voyager, via UK Defence Ministry"In dangerous times, good friends stand together," he added, defending the support as consistent with international law.
Confirming the action Monday, Prime Minister Andy Burnham said he was "acting to secure the interests...
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22.09.26 - 15:51
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Saudis Signal Red Sea Oil Loadings Could Soon Resume For Asian Buyers (ZeroHedge)
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Saudis Signal Red Sea Oil Loadings Could Soon Resume For Asian Buyers
Bloomberg reports Saudi Aramco may restart crude loadings at Yanbu this week, raising hopes that the critical East-West pipeline route, which bypasses the Strait of Hormuz, could resume operations at half capacity after a drone attack disabled it.
While no restart timeline has been confirmed, the overnight development adds to positive signs of progress toward resolving the global energy crisis after Brent slipped below $100 a barrel on reports that Iran offered to reopen the strait in exchange for an easing of US naval pressure and the US blockade of Iranian ports.
However, Iran's semi-official Fars News Agency has denied reports from Kyodo and Reuters about reopening Hormuz, calling them "invalid and untrue."
The report also said Aramco executives told at least three Asian refiners they could soon resume picking up crude at Yanbu on the Red Sea.
Loadings at the Red Sea port have been halted since drone attacks launched fro...
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22.09.26 - 12:33
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Briten sagen Saudi-Arabien militärische Unterstützung zu (DPA-AFX)
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LONDON (dpa-AFX) - Die britische Regierung hat Saudi-Arabien militärische Unterstützung im Kampf gegen die Huthi-Rebellen zugesagt. Premierminister Andy Burnham sagte auf dem Weg zur UN-Generalversammlung in New York der Nachrichtenagentur PA zufolge, ......
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22.09.26 - 05:00
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What Saudi Arabia′s exit means for China-led mBridge amid global de-dollarisation (SCMP)
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Saudi Arabia's withdrawal from a China-led digital currency platform would carry greater symbolic than operational significance, analysts say, highlighting pressures facing countries caught between US influence and alternatives to dollar-based payments infrastructure.
In a response to inquiries from the South China Morning Post, the Saudi Central Bank said it had participated in mBridge – a multilateral central bank digital currency platform seen as an alternative to the traditional US......
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22.09.26 - 02:00
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Saudi Arabia Reroutes Oil Exports As Houthi Strikes Target Yanbu (ZeroHedge)
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Saudi Arabia Reroutes Oil Exports As Houthi Strikes Target Yanbu
Satellite images gathered by Bloomberg show supertankers with capacity for 14 million barrels at Saudi Arabia's Gulf export terminals over the weekend, the highest tanker count observed since at least June, according to data compiled from the European Union's Sentinel-2 satellite.
Source: Javier BlasHowever, as OilPrice notes, overall Hormuz traffic kept falling over the same weekend, nonetheless. Just a dozen commodity vessels crossed the strait, down from 35 a week earlier, and Thursday's crossings totaled four tankers against a 10-day moving average of 16, Kpler data cited by Reuters showed.
Saudi Arabia moved crude through the strait at 2.9 million barrels a day over the past six days, JPMorgan said in a Friday note, calling the kingdom's shift "the most notable pivot" among Gulf producers.
On September 11, drone strikes launched from Iraq shut down Saudi Arabia's East-West pipeline, also known as Petroline,...
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