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By 8:14 Moscow time, December Brent futures on London ICE Futures had risen by $0.58, or 0.58%, to $100.90 per barrel. November WTI futures on NYMEX gained $0.46, or 0.51%, to $89.89 per barrel.
#brent #wti #Yemen #StraitofHormuz #SaudovskajaAravia #Houthis
The head of Yemen’s internationally recognized Presidential Leadership Council, Rashad al-Alimi, announced the start of military operations against the Houthis. He said that more than 100,000 Yemeni troops could be involved.
#AbdRabbuMansurHadi #BabelMandebStrait #Yemen #RedSea #SaudovskajaAravia #Houthis
Yemen’s Parliament approved general mobilization and the introduction of a state of emergency in response to the increased attacks by the Houthis from the Ansar Allah movement. The resolution takes effect immediately and will remain in force until the reasons for its adoption are eliminated.
#Armiesoftheworld #MiddleEast #Wars #Iran #Yemen #SaudiArabia #Houthis
November Brent futures fell to $104.96 per barrel on the London ICE Futures exchange on Friday afternoon. Oil is declining amid reports of a possible deal between the U.S. and Iran and tensions in the Middle East.
Saudi Arabia resumed operation of the East-West pipeline («East — West»), which was suspended after the drone attack on September 10. Reuters, citing sources, reports that pumping is proceeding at a reduced rate, and oil exports through the port of Yanbu on the Red Sea may resume as early as Tuesday, September 22.
#EastWest #SaudiAramco #Iraq #InternationalEnergyAgency #SaudiArabia #Houthis
Over three days in Yemen, according to reports from the sides, up to 169 people were killed in clashes between the Houthis and government forces over strategic heights on the Red Sea coast. Thousands of residents are leaving the fighting areas, and clashes continue in several provinces and near the Kahbub mountains.
Houthis said they struck Riyadh with missiles and drones, for the first time since the start of the current escalation of the conflict. Several hours earlier, fire and smoke were spotted near the main airport of the Saudi capital, and authorities sent out warnings about a possible security threat in the city area.
Growing out of tribal militias in one of the poorest countries in the world, the group is capable of harming international trade, artificially driving up oil prices, and imposing its agenda on key powers. And there are always buyers for these services among the Houthis.
#AlQaeda #ArabSpring #Iran #Islam #Yemen #internationaltrade #oil #tribalsociety #SaudiArabia #terrorism #transport #Houthis #ShiitesandSunnis
Iran-backed Yemeni Houthis on Monday again shelled Saudi Arabia with dozens of missiles and drones. According to the Saudi-led coalition, alerts were issued in four cities, and 13 civilians were injured.
#Yemen #RedSea #StraitofHormuz #SaudiArabia #KhamisMushayt #Houthis
Yemeni Houthi rebels have seized two strategic islands — Greater and Lesser Hanish — in the Red Sea at the entrance to the Bab el-Mandeb Strait. After this, concerns over oil supplies and shipping in the region intensified in the market.
#Wars #Yemen #RedSea #oil #SaudiArabia #Shipping #Houthis #Economy
Oil is rising by more than 2% on Monday after new Houthi strikes on Saudi Arabia and shelling of ships in the Persian Gulf by Iran. By 09:50 MSK, Brent had risen 2.49% to $107.22 per barrel, and WTI — by 2.6% to $102.65 per barrel.
#MiddleEast #Iran #oil #StraitofHormuz #SaudiArabia #Houthis #Economy
A source in the Yemeni government said that the Iran-backed Houthis seized Perim Island in the Bab el-Mandeb Strait. According to him, this gave them de facto control over one of the key shipping routes in the Red Sea.
Over the past day, seven ships carrying different cargoes passed through the Strait of Hormuz — over the previous ten days, an average of 15 ships per day passed through it. On the morning of September 11, Brent crude on the ICE exchange in London was trading above $105 per barrel.
Yemeni Houthis launched a large-scale ground offensive in the Bab el-Mandeb Strait area and, according to Yemeni authorities, captured the coastal city of Mocha less than 80 kilometers from the strait. The offensive is accompanied by strikes on Saudi territory and retaliatory airstrikes by the coalition led by Saudi Arabia.
Oil prices rose on Tuesday to multi-week highs after reports that Iran-backed Yemeni Houthis shelled energy facilities and cities in Saudi Arabia. By 13:54 MSK, Brent was at $98.67 per barrel, and WTI was at $93.97.
#GoldmanSachs #Iran #oil #StraitofHormuz #SaudiArabia #Houthis
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