Middle East

Why the global oil market hinges on Saudi Arabia’s East-West pipeline

2026-09-18T12:41:53.000Z
Between May 2024 and July 2026, around two-thirds of the estimated 640 tankers loaded at the Westridge Marine Terminal in Vancouver arrived in Asia.

Canada is upping oil flows to Asia, but South-east Asia’s refineries aren’t ready to handle them yet

2026-09-17T01:29:12.000Z
The aftermath of what the Houthis said was a Sep 7 attack that targeted trucks coming from Saudi territory near Al-Wadiah on the Saudi-Yemen border.

New Houthi attacks on Saudi Arabia wound 13 civilians as Gulf-Iran talks over Hormuz stall

2026-09-15T00:40:26.000Z
Crude surged in the week ended Sep 6 after hostilities flared between the US and Iran after a period of relative calm.

Oil extends gains as US and Iran target ships in tit-for-tat attacks

2026-09-07T06:38:56.000Z
Teheran said the interim MOU gave it the right to manage the strait, which it shares with Oman, while Washington rejected that interpretation.

Iran threatens ‘full offensive’ while Trump rejects ceasefire extension

2026-08-18T04:56:40.000Z
An Iranian general called on the Red Cross to meet with the pilots, investigate their condition, and facilitate their release as soon as possible.

Iran says Qatar captured 3 of its pilots early in war with US; Qatar rejects claims

2026-08-16T00:45:52.000Z
In recent weeks, the US has repeatedly signalled that a deal to open Hormuz could be close, only to have Iran deny that talks are under way.

Iran says Hormuz deal with Oman is ‘very close’, but demands must be met before reopening

2026-08-09T00:46:50.000Z
Israel launched a series of retaliatory strikes in southern Lebanon (above) following the killing of its soldiers.

Israel strikes south Lebanon after 2 Israeli soldiers killed, despite peace talks in Rome

2026-08-06T07:46:53.000Z
Iran’s leaders appear to believe they can tolerate economic pressure longer than a US-led coalition can tolerate recurring disruption to global commerce and energy markets.
NEWS ANALYSIS

Can Iran outlast the US? How Teheran is widening its pressure campaign to force concessions

2026-08-04T04:17:10.000Z
As the conflict drags on, attacks have spread across the Gulf to the Red Sea and even a Mediterranean facility in Egypt.

Trump says he will hold off on fresh Iran attack in hope of a quick deal on nuclear threat, Hormuz

2026-08-02T13:44:03.000Z