Iran’s oil exports fall over 80% amid US blockade of the Strait of Hormuz
Iranian crude and condensate loadings averaged just 220,000 to 260,000 barrels per day in August 2026, down from 1.7 to…
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Crude oil shipping costs surge 258% to $24 a barrel as tanker rates cross $1 million a day
Supertanker charter rates have crossed $1 million a day for the first time as the US-Iran conflict pushes crude shipping…
Smoke reported near Riyadh airport as Pakistan presses Iran on energy supplies
Saudi civil defense issued aerial-attack alerts for Riyadh and Al-Kharj early Saturday, and Reuters later reported smoke and flames near…
S&P 500 holds steady as Fed hikes rates and AI safety debate rattles tech
The S&P 500 slipped just 0.08% last week as the Federal Reserve delivered its first rate hike in three years…
Houthi Air Attack Sets Riyadh Jet-Fuel Depot Ablaze, First Direct Strike Since July
A Houthi air attack set fire to a jet-fuel storage depot near Riyadh's King Khalid International Airport before dawn on…
