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The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Oil prices jump more than 3% after new strikes on Saudi Arabia, Strait of Hormuz

Brent crude futures rose $3.21, or 3.1%, to $107.82 per barrel as ​of 0340 GMT, while West Texas Intermediate (WTI) futures gained $3.17, or 3.2%, to $103.22 per barrel. Prices had initially risen...

Vessels near the Strait of Hormuz, as seen from Musandam, Oman. Photo: REUTERS

New attacks in Hormuz and Saudi test nerves as war's spread worsens oil disruption

Iran President Masoud Pezeshkian. File Photo: Collected

Iran president says Tehran and UAE want to 'turn the page' on war

Photo: Reuters

Iran's economic ties to Dubai hard to break despite war

Satellite image shows damage to the East-West pipeline facility in the Hejaz Region, Saudi Arabia, on 11 September, 2026. 2026

Saudi pipeline outage threatens loss of 4% of global oil supply

Bahrain rejects proposed Gulf-Iran summit until ties restored

Bahrain rejects proposed Gulf-Iran summit until ties restored

Satellite image shows the East-West pipeline facility in the Hejaz Region, Saudi Arabia, September 8, 2026. Photo: 2026 Planet Labs PBC/Handout via REUTERS

Baghdad confirms attack on Saudi pipeline came from Iraq

Photo: Collected

Saudi Arabia, Houthis trade strikes over Bab al-Mandeb

Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 31, 2026. Photo: Reuters

New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies

Houthi supporters shout slogans as they celebrate advances made by Houthi forces in fighting with government forces along Yemen's Red Sea coast, in Sanaa, Yemen, 11 September 2026. Picture taken with a mobile phone. Photo: Reuters

Houthi advance in Yemen puts US in a new bind

Vessels at the Strait of Hormuz, as seen from Musandam, Oman. Photo: Reuters

No signed Hormuz deal expected yet from Oman meeting on Monday, Iranian official says

A view shows a control room at a military airport in the suburb of Mezzeh where many Syrians died in detention, killed by execution, torture or maltreatment at the site that was widely feared, according to a report shared exclusively with Reuters by the Syria Justice and Accountability Centre tracing the deaths to seven suspected grave sites, on the outskirts of Damascus, Syria, December 20, 2024. Photo: REUTERS/Feras Dalatey/File Photo

Syrian private airport plans spark outcry over mass graves, land rights

A satellite imagery shows Bab el Mandeb Strait, a key shipping waterway and the gateway to the Red Sea, in this handout picture dated 12 July, 2026.

What would a closure of the Bab el-Mandeb Strait mean for the global economy?