Iran-backed Houthis in Yemen seize full control of Bab el-Mandeb Strait
Houthi forces in Yemen have taken Bab el-Mandeb, pressuring energy routes already hit by Iran's actions at Hormuz.
Houthi forces in Yemen have taken Bab el-Mandeb, pressuring energy routes already hit by Iran's actions at Hormuz.
Oil prices surged above $100 a barrel, boosting Iran's leverage ahead of GCC-Iran talks on Monday.
Oil prices stayed near recent highs as unverified pipeline fire reports emerged, while Asia-Pacific stocks fell on geopolitical and rate worries.
Houthis claim complete control of Bab el-Mandeb Strait, but independent wire services have not verified the takeover.
Asian markets fell Friday as US inflation data and higher bond yields fueled rate hike expectations, with oil prices also surging.
A confirmed attack on two vessels near the Strait of Hormuz and unverified satellite images suggesting possible damage to Saudi Arabia's East-West pipeline…
Brent oil rises amid reports of Houthi attack on Saudi pipeline and Iranian missile strikes on vessels in Strait of Hormuz.
Unconfirmed satellite data suggests a possible new strike on Saudi Arabia's East-West pipeline, but no official confirmation has been made.
Oil rose 7% past $100 after Trump signalled the Iran war would continue, reinforcing supply fears.
Hyperliquid's Brent and WTI oil perpetuals are showing deeply negative funding rates, with shorts paying 500% annualized as oil prices climb.
Brent and WTI both climbed 6% for a ninth straight session, sending Brent to its highest level since May. The rally is set to produce an ugly September CPI…
Crude oil surged to $102 after a report that Iran is producing ballistic missiles again, adding to Middle East supply fears. A drone attack on a Russian…
Bitcoin dropped over 2% on Thursday, trading near $77,200, as US-Iran tensions lifted oil prices and traders priced in a Fed rate hike.
WTI hit $100 as oil stocks slid, leaving the XLE down 1.1%. The divergence comes amid nine straight days of crude gains and signs of fuel-market strain.
Oil crosses $100, 10-year yields reach 4.90%, and hot PPI reinforces Sept. 16 Fed hike bets.