Oil prices rise after Saudi Arabia shut down critical pipeline that bypasses Strait of Hormuz
Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.
Brief by WorldPing · Original reporting by CNBC World
WorldPingSaudi Arabia on Saturday shut down the vital East-West pipeline after the conduit came under attack in the widening Middle East war, threatening to send energy prices soaring.
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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
As 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
WorldPingIran-backed Houthis in Yemen have claimed new attacks on Saudi Arabia The Houthis in recent days captured a key port city and an island on the Bab el-Mandeb Strait, a crucial shipping alternative to the Iran-threatened Strait of Hormuz…
Brief by WorldPing · Original reporting by ABC News
A further decline in Saudi flows will worsen the global supply crunch, which has already pushed global fuel prices to record highs and spurred inflation around the world…
Brief by WorldPing · Original reporting by The Hindu
WorldPingSeveral families have long alleged that a group of extremist religious leaders in Saudi Arabia gained influence in the Saudi government and aided the hijackers.
Brief by WorldPing · Original reporting by Fortune
WorldPingHouthi rebels seized Perim Island in the Bab el-Mandeb Strait, but a former Pentagon official warns they've entered a vulnerable U.S. Navy kill box.
Brief by WorldPing · Original reporting by Fox News