Houthis Seize Yemen's Mokha Port, Triggering Oil Price Surge and Regional Tensions

Rupee drops to over one-week low as oil bubbles on Middle East worries - Reuters

Rupee drops to over one-week low as oil bubbles on Middle East worries  Reuters

Oil, gas and borrowing costs surge as fears over Middle East escalate

The price of oil jumps to $105 a barrel amid signs the Iran war will not be resolved quickly.

Oil Hits $105 as Iran Shows No Signs of Backing Down

Brent crude oil prices top $105 a barrel as rising tensions in the Middle East heighten concerns about global supplies. US gasoline prices hit a record over the Labor Day weekend. Bloomberg's Michael McKee has the data. Mike Reid of RBC says this all puts the Fed in a tough spot. (Source: Bloomberg)

Oil Prices Surge as Fighting in Middle East Escalates

The cost of crude oil hit its highest levels in months, as investors worried about diminishing oil supplies after reports that the Iranian-backed Houthi militia had captured a port city in Yemen.

By Gregory Schmidt and Jenny Gross

Brent Rises Above $105 Amid Gulf Supply Risks - WSJ

Brent Rises Above $105 Amid Gulf Supply Risks  WSJ

Iran-backed terror group’s latest territorial grab threatens second global shipping chokepoint

Iran-backed Houthi forces seized Yemen's Mocha port and advanced toward Bab el-Mandeb, threatening Red Sea shipping as Brent crude surged past $106.

Iran-backed rebels capture Red Sea port, tightening grip on a key global chokepoint - CNN

Iran-backed rebels capture Red Sea port, tightening grip on a key global chokepoint  CNN

Oil jumps to $105, pushing up chances of a US interest rate increase

Prices spiked as attacks on oil tankers escalated in the Middle East.

Yemen's Iran-backed Houthi rebels seize strategic Red Sea port city of Mocha

Yemen’s Houthis seized the strategic Red Sea port city of Mocha on Thursday as their offensive against Saudi-backed government forces intensified. Saudi Arabia launched dozens of airstrikes over the past 24 hours, the Houthis said, after the Iran-backed group carried out attacks on Saudi territory that wounded dozens of people.

By FRANCE 24

Brent beyond $100: Why oil prices are up again, worry for India

By Sukalp Sharma

Brent crude oil hits $105 per barrel for first time since May 25 - Moneycontrol.com

Brent crude oil hits $105 per barrel for first time since May 25  Moneycontrol.com

Seoul shares end lower on inflation fears

Seoul shares ended lower Thursday as surging oil prices, driven by escalating tensions in the Middle East, fueled inflation concerns ahead of the release of key US inflation data. The Korean won rose against the US dollar. After choppy trading, the benchmark Korea Composite Stock Price Index (Kospi) fell 17.72 points, or 0.25 percent, to close at 7,033.92. Trade volume was moderate at 418.4 million shares worth 28.19 trillion won ($21 billion), with losers outnumbering gainers 443 to 416. Foreig

By The Korea Herald

Houthis advance along Yemeni coast, threaten Saudi oil exports in the Red Sea

(2nd LD) Seoul shares end lower on inflation fears

SEOUL, Sept. 10 (Yonhap) -- Seoul shares ended lower Thursday as surging oil pri...

By Choi Kyong-ae

Brent crude tops $107 after Houthis' seizure of Mokha, near Bab Al Mandab Strait

Yemen: Houthis Take Control of Strategic Red Sea Port City

The Houthi takeover of Mokha comes amid intensified fighting that has sparked fears of a return to civil war.

Houthis consolidate control of Mokha, advance towards Hanish islands: Sources - Region - World - Ahram Online

Houthis consolidate control of Mokha, advance towards Hanish islands: Sources - Region - World  Ahram Online

Oil Hits $105 as Middle East Flareup Heightens Supply Worries

Brent oil spiked to $105 a barrel as rising tensions in the Middle East heightened concerns over global supplies.

By Alex Longley, Bingyan Wang, Sherry Su, Charles Gorrivan

Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast

Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast Brent crude futures traded above $102 a barrel Thursday morning after Iran threatened to intensify attacks, renewing concerns over tanker flows through the Hormuz maritime chokepoint. The supply risk extends well beyond crude to mounting shortages of refined products, particularly diesel, as the US diesel crack spread trades around $102 a barrel. President Trump's indication yesterday that the conflict ...

By Tyler Durden

Ryazan oil refinery shuts down after drone attack, Reuters reports

Following a drone attack on September 6, the Ryazan Oil Refinery, owned by Rosneft, ceased operations.

Saudi Arabia strengthens its presence on global tourism map as World Travel Market concludes in Riyadh

RIYADH — From the shores of the Red Sea stretching westward, through historical and cultural sites, to mountain highlands and modern urban destinations, Saudi Arabia’s tourism map continues to expand, offering a diverse range of products and experiences. Visitors can explore options that combine the sea, nature, heritage, culture, and entertainment, within a sector witnessing rapid growth in both the number of destinations and the diversity of experiences. This diversity is evident in the tre...

By Saudi Gazette report  

Brent crude surges past $100 as Middle East turmoil deepens

London: Brent crude futures closed above $100 a barrel — their highest settlement since late May — as Middle East tensions escalated and Iran and the...

By Times of Oman

Houthis seize strategic Yemeni port city near Bab el-Mandeb

Iran-backed Houthi forces have seized the strategic Yemeni port city of Mocha on the Red Sea coast, marking a major advance towards the Bab el-Mandeb Strait and raising fresh concerns over the security of one of the world's most important shipping routes.