Oil and gas

Conflict is widening, with Houthis saying they would impose a naval blockade on Saudi Arabia

The US is conducting a ninth straight night of attacks against Iran

Iran has told Houthi allies to be prepared to close the Red Sea oil route if the US strikes Iranian power infrastructure

A prolonged disruption would keep LNG supplies tight, particularly for Asia, where buyers rely heavily on Qatari cargoes

Observable crossings taking the US-supported southern corridor along the Omani coast have ground to a complete halt

Six vessels transited the strait on Jul 12, the lowest number in five weeks

To avoid a fight for market share, Opec may soon have to consider curbing supply to prop up prices

[CALGARY] Oil prices were little changed for the week as traders held on to hopes for a successful outcome from attempts to secure peace between the US and Iran.

Among other banks, Goldman Sachs Group has said the global oil market is set to swing back into oversupply