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News
Iraq to reopen Iran crossings after drone attack
4+ hour, 32+ min ago (242+ words) Iraqi authorities announced on Sunday a timeline to reopen three crossings with Iran, a day after closing them following a drone attack originating from their shared border on a Saudi pipeline. After the Friday night attack on the East-West pipeline,…...
Saudi shares fall following attack on East-West oil pipeline
2+ hour, 10+ min ago (120+ words) MTV Lebanon Please verify your email We sent a 6-digit verification code to your email. Enter it below to verify your account. An email with a reset link was sent to your mailbox. An email with a reset code was…...
Saudi Arabian pipeline outage threatens global oil supply
32+ min ago (172+ words) Middle East Eye Saudi Arabian pipeline outage threatens global oil supply Saudi Arabia will run out of oil stocks for exports if it doesn't restart its major pipeline to the Red Sea within days, leading to a loss of up…...
Saudi Shuts East-West Pipeline After Drone Strikes
29+ min ago (169+ words) Briefs Finance Events abroad can remind investors to reassess risk and protect their long term goals. Join Briefs Finance CEO Jaspreet Singh on September 29th for a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value,…...
Saudi oil export stocks may run out within days without Red Sea pipeline restart – Cyprus Inform
19+ min ago (477+ words) Saudi Arabia could lose up to 4% of global oil supply if its east-west pipeline remains shut, buyers and traders said. Riyadh, Saudi Arabia. Saudi Arabia could exhaust oil stocks available for export within days unless it restarts its major east-west…...
Saudi pipeline outage threatens loss of 4% of global oil supply
21+ min ago (248+ words) By Alex Lawler and Dmitry Zhdannikov LONDON, Sept 13 (Reuters) – SAUDI PIPELINE OUTAGE THREATENS LOSS OF 4% OF GLOBAL OIL SUPPLY UNLESS PUMPING RESUMES WITHIN DAYS, SAY TRADERS, SOURCES SAUDI ARABIA HAS STORAGE AT YANBU FOR JUST 5-7 DAYS OF EXPORTS, PLUS SMALLER…...
US Inflation Surge Outpaces ECB Hike, Pressuring Euro and Raising Dollar’s Global Clout
36+ min ago (801+ words) The ECB’s rate increase was largely anticipated and priced in by markets. ECB President Christine Lagarde called the move a “no-brainer,” warning that inflation—driven by ongoing energy costs and geopolitical tensions—would stay above target for an extended period....
Oil Prices Surge On Supply Risk, Brent Crude Rises 8% In 5 Days
53+ min ago (526+ words) Oil prices rose more than 8% week-on-week as attacks on tankers and energy facilities in the Middle East raised concerns over extended supply disruptions. International benchmark Brent crude futures for November delivery traded at $104.09 per barrel on Friday, up 8.1% from last…...
Iraq leads OPEC+’s output growth in August
41+ min ago (250+ words) Baghdad (IraqiNews.com) – Iraq led the increase in OPEC+ oil production in August 2026 on a monthly basis by 297,000 barrels per day. The OPEC monthly report, released on Thursday, showed that the alliance’s production increased to 38.055 million barrels per day in…...
PM launches special relief scheme amid surge in oil prices
46+ min ago (257+ words) Prime Minister Shehbaz Sharif has launched a special relief scheme to mitigate the impact of rising petroleum prices on the public amid the recent tensions in the Middle East and the resultant increase in global oil prices. Shehbaz Sharif said,…...