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News 2026-10-05 09:59 UTC
Persian Gulf crude exports have recovered to about 80% of pre-war levels, but oil remains stuck near $100 a barrel. Yet, getting volume through the Strait of Hormuz has not brought back cheap supply, as last week’s Brent price settled around $102.7 per barrel. Exports passed 14 million barrels a day last week for the f
News 2026-10-03 22:01 UTC
Saudi Arabia is exploring an offensive against Iran-backed Houthi militants in Yemen to secure the key Red Sea shipping route around Bab el-Mandeb, as the ongoing U.S.-Iran conflict disrupts regional oil and shipping routes. Saudi Arabia is considering a coastal push around Bab el-Mandeb or a broader assault on multipl
News 2026-09-30 02:45 UTC
Iran's Revolutionary Guard urged Americans to reject war and vote out Donald Trump's allies in Congress as US forces withdrew from their remaining bases in Iraq. Qatar said it was working to mediate between the United States and Iran as the war continued and talks over the Strait of Hormuz remained unresolved.
News 2026-09-28 17:50 UTC
Crude oil trimmed gains to below $93 a barrel after topping $96 on Monday amid reports that Saudi Arabia is ramping up flows through its critical East-West pipeline following repairs. Saudi Arabia is reported to have restored flows to around 3.5 million barrels per day. The pipeline was shut down earlier this month aft
News 2026-09-27 13:06 UTC
Saudi Arabia's benchmark index gained 0.8%; Qatar fell 0.3% and Egypt dropped 1.4%.
News 2026-09-26 01:51 UTC
Iran says its proposal could reopen the strait and pause regional fighting within seven days if the US agrees. Reuters could not immediately confirm a Wall Street Journal report that Trump rejected the offer.
News 2026-09-25 19:30 UTC
Brent crude settled at $104.32 a barrel and WTI at $92.41. Traders also weighed talk of a possible US diesel export ban and disruptions to Saudi oil flows from Houthi attacks.
News 2026-09-24 12:03 UTC
Microsoft is planning to spend at least $10 billion by 2030 to shore up the region’s digital resilience. Microsoft is accelerating investment in the Gulf, planning to spend at least $10 billion by 2030 to shore up the region’s digital resilience. While a drop in the bucket compared with global AI spending, the move to
News 2026-09-23 05:29 UTC
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
News 2026-09-23 05:16 UTC
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
News 2026-09-22 08:52 UTC
“The Houthis have truly been activated,” said Dale Buckner, a former Green Beret and CEO of security firm Global Guardian. The conflict between Saudi Arabia and the Iran-backed Houthis is “entering a new phase,” one security expert warned, after Houthi fighters struck Riyadh and its airport over the weekend and the Sta
News 2026-09-22 03:22 UTC
France has urged the EU to take swift action to curb surging energy costs, including delaying methane-emissions rules and easing refinery regulations. The UK has approved military support for Saudi Arabia against Houthi rebels, deploying an RAF refuelling aircraft to help protect regional stability and energy supplies
News 2026-09-21 11:09 UTC
Houthi fighters advanced in Yemen on Monday, aiming to cut off the Red Sea coast, amid a report that U.S. President Donald Trump had called off airstrikes against the group at the last minute. The Iran-backed group's advance threatens global energy supplies.
News 2026-09-20 22:07 UTC
Brent crude futures climbed 81 cents, or 0.78%, to $104.68 a barrel while US West Texas Intermediate crude was at $101.06 a barrel, up 76 cents, or 0.76%.
News 2026-09-20 15:02 UTC
Iran says new attack would trigger sustained retaliation against US bases and interests Iran says US regional allies would be considered parties to conflict US alert warns of unforeseen Middle East escalation, possible airspace closures (Adds no immediate Department of Defense response to request for comment) By Jana C
News 2026-09-20 13:17 UTC
Iran says new attack would trigger sustained retaliation against US bases and interests Iran says US regional allies would be considered parties to conflict US alert warns of unforeseen Middle East escalation, possible airspace closures By Jana Choukeir DUBAI, Sept 20 (Reuters) — Iran warned on Sunday against any big n
News 2026-09-19 19:22 UTC
(Adds quotes, details and background throughout) Mecca Joint Defence Agreement treats attack on one signatory as attack on all three Fidan says Turkey conveyed proposals to all sides to end fighting Pakistan says no military response discussions have taken place under pact ANKARA, Sept 19 (Reuters) — Turkish Foreign Mi
News 2026-09-18 21:43 UTC
The Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark a quarter point to 3.75%-4%. The vote was unanimous, 12-0, and 16 of the 18 policymakers who submitted forecasts penciled in at least one more increase this year. Inflation is running at 3.4%, unchanged from July bu
News 2026-09-18 18:42 UTC
Sept 18 (Reuters) — Roberto Mancini has launched his second tenure as Italy head coach with a sweeping rebuild, naming an expanded 34-man roster on Friday for their Nations League games as the team try to rebound from missing out on the 2026 World Cup. Mancini returned to the bench following a chaotic summer for the It
News 2026-09-18 17:14 UTC
Ford Motor Co. (NYSE: F ) shares are trading lower as record diesel prices and the highest Treasury yields since 2007 squeeze demand for the trucks and SUVs. Ford Motor stock is showing notable weakness. Why is F stock dropping? Record Diesel Prices and Rising Yields Squeeze Automakers Diesel costs climbed to an all-ti
News 2026-09-18 14:59 UTC
Crude oil prices pared earlier losses on Friday, trading around $102.2 a barrel as markets weighed disruptions to Saudi supply. Satellite imagery and industry sources indicated that three pumping stations serving Saudi Arabia’s vital East-West Pipeline were damaged in last week’s attack, one more than previously assess
News 2026-09-18 10:37 UTC
(The opinions expressed here are those of the author.) By Anna Szymanski Sept 18 (Reuters) — Warnings of machine-driven human extinction kicked off the week, but the market's attention quickly turned to more prosaic matters, namely Middle East energy disruption and the first Federal Reserve rate hike in three years. Am
News 2026-09-18 05:57 UTC
(Adds blog post) Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at Boj Struggling To Keep Pace With Hiking Partners The Bank of Japan raised interest rates, as expected, though it knocked the yen by sounding a fraction less hawkish than its
News 2026-09-18 05:17 UTC
(Updates throughout with background, analyst comments) Sept 18 (Reuters) — Barclays expects a 25-basis-point hike from the Bank of England in November after policymakers kept rates steady, citing a "dramatically changed" medium-term energy outlook and warning that a prolonged Middle East conflict could bring further ti
News 2026-09-18 04:42 UTC
BOJ votes 7-2 to hike by 25bps; Governor Ueda to brief media at 0630 GMT Dollar stabilises as Fed narrowly seen hiking next month Sterling level after BoE holds rates, pauses gilt sales (Adds BOJ decision, updates markets) By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) — The yen sank against its major peers in As
News 2026-09-18 04:32 UTC
A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan raised interest rates, as expected, though it knocked the yen by sounding a fraction less hawkish than its peers. Significantly, the hike, coming just three months after it last raised rates, breaks a pattern of twice-yearly rat
News 2026-09-18 03:32 UTC
BOJ raises interest rates to a 31-year high Traders ponder hawkish turn from policymakers to tackle inflation Brent falls as much as 1.5% on hopes for alternate Middle East supply routes (Updates after BOJ) By Ankur Banerjee SINGAPORE, Sept 18 (Reuters) — Asian stocks rose and the dollar held its ground on Friday as in
News 2026-09-18 01:38 UTC
US heating oil prices eased to around $5.05 per gallon, retreating from a record high of $5.26 reached earlier this week, as rising inventories and expectations of alternative routes for Middle Eastern barrels offered some respite from tight distillate supplies. EIA data showed distillate inventories, including diesel
News 2026-09-18 01:02 UTC
BOJ decision due between 0300 and 0500 GMT Governor Ueda to brief media at 0630 GMT Dollar stabilises as Fed narrowly seen hiking next month Sterling level after BoE holds rates, pauses gilt sales By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) — The yen got off to a weak start against the dollar and the euro at t
News 2026-09-16 13:09 UTC
Senate Majority Leader John Thune said that he may consider banning diesel exports in a bid to keep domestic prices in check as Iran-war-driven hikes continue to impact ordinary Americans, but GasBuddy analyst Patrick De Haan has warned against such a move. Thune Says US Could Consider Ban Speaking to reporters on Tues