Arabian Post Staff -Dubai Saudi Arabia told OPEC that its crude production fell to 6.238 million barrels a day in August, the kingdom’s lowest monthly level since 1990, as renewed fighting involving the United States and Iran disrupted export routes. The figure, contained in OPEC’s September monthly oil market report, was almost 1.9 million barrels a day below the 8.135 million barrels reported for July. It also […]
Washington’s expanding economic offensive against Tehran is threatening to squeeze China’s access to discounted Iranian crude after war, blockades and maritime attacks sharply reduced flows through the Middle East’s main energy chokepoints. Chinese imports of Iranian crude moving through the Strait of Hormuz averaged about 530,000 barrels a day in July and August, down roughly 36 per cent from the first half of 2026 and 72 per […]
Arabian Post Staff -Dubai Six armed men have seized control of a product tanker in the Gulf of Aden off Yemen and diverted the vessel towards Somalia, raising fresh concern over a resurgence of piracy along one of the world’s most important shipping corridors. The tanker, identified as Sibu 1 and also known by its former name Seamull, was travelling west when it reported that an unauthorised […]
Matein Khalid So far, 2026 has been the best of all possible worlds for US money centre bank shares and Wall Street brokers, a Panglossian season of peak profits and blowout capital markets revenue growth. While software, memory and AI infrastructure stocks took a bungee jump on the Nasdaq in July, the major banks benefited from the SpaceX mega IPO, which generated a $500 million fee jackpot for […]
Shipping through the Strait of Hormuz remained severely restricted on Tuesday as vessel movements stayed in single digits, while another ship was struck by an unidentified projectile and diplomatic efforts to ease the US-Iran confrontation remained deadlocked. Preliminary ship-tracking data showed six commodity vessels crossed the waterway on Monday, three entering the Gulf and three leaving. That was only a modest increase from the weekend and remained […]
Yemen’s Houthi movement said it attacked Saudi Aramco’s Jazan refinery with a drone on Sunday, escalating a confrontation that has again placed the kingdom’s energy infrastructure and Red Sea shipping routes under pressure. Saudi authorities confirmed that a fire broke out at the Aramco facility in Jazan, in the kingdom’s southwest, and said emergency teams extinguished it. No injuries were reported. Saudi officials did not immediately confirm […]
Arabian Post Staff -Dubai A series of explosions and a fire near Dubai’s Jebel Ali industrial and port area early on Wednesday triggered claims that a missile had been launched towards the United Arab Emirates from Yemen, but no authoritative evidence had emerged to confirm an attack. Accounts circulated by Iraqi and Iranian outlets said several blasts were heard within about 20 minutes and thick smoke was […]
Arabian Post Staff -Dubai The global oil market has lost more than 2.6 billion barrels since the US-Israeli war with Iran began on February 28, Saudi Aramco chief executive Amin Nasser has said, warning that depleted inventories will take more than a year to rebuild. The cumulative loss is equivalent to nearly one month of worldwide oil consumption and reflects the prolonged disruption of shipping through the […]
By Nantoo Banerjee The U.S. President Donald Trump seems to be desperately looking for a graceful exit fast at least to save the U.S. partnership with the six-nation Gulf Cooperation Council (GCC) and also the massive financial cost of war. The financial cost of the Iran war already reached approximately $37.5 billion in direct Pentagon […]
The article US Security Umbrella Over Gulf States Is Crumbling appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai Oil prices jumped more than 7 per cent after Iran fired missiles towards US forces and Saudi Arabia joined American strikes against Iran-aligned militias in Iraq, reviving fears of a broader conflict disrupting Middle Eastern energy supplies. Brent crude rose 7.92 per cent to $90.75 a barrel during Wednesday’s trading, while West Texas Intermediate gained 6.94 per cent to $84.76. The advance reversed […]
Oil prices headed for their strongest monthly advance in years on Friday as the war involving the United States and Iran disrupted Middle Eastern supplies, raised shipping costs and intensified concerns over the security of global energy routes. Brent crude was on course to gain about 21% in July, despite falling by more than $1 to around $88 a barrel during early trading. West Texas Intermediate slipped […]
Arabian Post Staff -Dubai Saudi Arabia has established a multinational maritime defence coalition to protect commercial shipping and energy supply routes across the Red Sea, placing Riyadh at the centre of efforts to secure one of the world’s most vulnerable trade corridors. The kingdom will serve as the founding and leading state of the alliance and host its permanent headquarters. Representatives from 43 countries and the European […]
Saudi Arabia has secured unified Gulf backing for measures to protect its sovereignty after explosive drones launched from Iraq targeted petroleum facilities in the kingdom’s Eastern Province. Gulf Cooperation Council Secretary-General Jasem Mohamed Albudaiwi said the six-member bloc stood fully behind Riyadh and supported all steps taken to safeguard Saudi security, territorial integrity and stability. Albudaiwi described the drone attacks by Iran-backed militias operating in Iraq as […]
Arabian Post Staff -Dubai The United States launched a heavy wave of strikes against Iran early on Thursday, hitting dozens of military targets after Iranian ballistic missiles were intercepted while heading towards American forces in the Middle East. US Central Command said the two-hour operation struck Islamic Revolutionary Guard Corps command centres, missile and drone installations, coastal surveillance systems, air-defence sites and maritime capabilities. The bombardment began […]
Arabian Post Staff -Dubai Saudi Arabia and the United States have carried out coordinated air strikes against Iran-aligned militia targets in eastern Iraq, escalating military pressure on armed groups accused of attacking Saudi oil installations and American forces across the region. Saudi fighter aircraft and US warplanes hit several logistics centres and weapons facilities early on Wednesday after more than 30 drone attacks were launched over a […]
Arabian Post Staff -Dubai Saudi Aramco has shut its 400,000-barrel-a-day Jazan refinery after an attack damaged the Red Sea facility, intensifying concerns over fuel supplies and the security of the kingdom’s western energy infrastructure. The refinery was taken offline following the assault on Aramco installations in Jazan, also spelt Jizan, near the border with Yemen. The extent of the damage, the units affected and the expected duration […]
President Donald Trump said the United States was pursuing talks with Iran to halt the Middle East conflict but warned that military operations would resume if diplomacy failed to produce an agreement. “The only reason they want to meet is because we’ve been hitting them very hard,” Trump told reporters aboard Air Force One on Monday. “There’s a good chance that something could happen, and if it […]
Arabian Post Staff -Dubai Oil prices slumped on Monday after the United States and Iran halted attacks, raising hopes that diplomacy could prevent a wider conflict and restore stability to critical energy routes across the Middle East. Brent crude, the benchmark for more than two-thirds of global oil supplies, fell 9.13 per cent to $87.94 a barrel by 11.55pm UAE time. West Texas Intermediate dropped 7.94 per […]
Arabian Post Staff -Dubai Ship traffic through the Bab el-Mandeb strait dropped to its lowest level in months after Houthi attacks on Saudi oil facilities intensified security concerns across two of the world’s most important energy corridors. Only 11 vessels carrying commodities passed through the narrow waterway on Sunday, reflecting a sharp retreat by shipowners and charterers assessing the threat to tankers linked to Saudi Arabia. Traffic […]
Ship traffic through the Bab el-Mandeb strait has fallen to its lowest daily level in months after Houthi attacks on Saudi oil infrastructure heightened fears that another major Middle East energy corridor could become unsafe for commercial vessels. Only 11 commodity-carrying ships crossed the narrow waterway on Sunday, vessel-tracking data showed. The passage links the Red Sea with the Gulf of Aden and serves as a vital […]
Arabian Post Staff -Dubai The United States and Iran have halted attacks for a second consecutive night, creating a fragile opening for diplomacy after nearly two weeks of escalating strikes around the Strait of Hormuz. US forces carried out no reported air strikes against Iran during the weekend after 13 straight nights of operations aimed at missile sites, coastal positions and other capabilities used to threaten commercial […]
Houthi forces launched missiles and drones at Saudi oil facilities on the Red Sea coast as the United States halted its bombing of Iran after 13 consecutive nights, opening a narrow diplomatic pause while the regional conflict spread towards a second vital shipping corridor. The Yemen-based group said Saturday’s coordinated operation targeted Saudi Aramco installations in Jizan, close to the Yemeni border, and Yanbu, the kingdom’s principal […]
Arabian Post Staff -Dubai President Donald Trump halted planned US strikes on Iran on Friday after 13 consecutive nights of attacks, opening a narrow diplomatic window as Oman pressed talks over shipping through the Strait of Hormuz. The order marked the first night without a new American bombing operation in almost two weeks, but it did not amount to a ceasefire. US forces remained deployed across the […]
Two China-linked supertankers carrying about four million barrels of Saudi crude have exited the Red Sea through the Bab el-Mandeb Strait, defying threats against vessels connected to the kingdom’s oil trade. The Xin Long Yang and Cosnew Lake completed the passage on Thursday after sailing south along Yemen’s coast. Their movement provided an important test of whether Saudi Arabia can continue using its Red Sea export route […]
