Iraq devalues dinar 13% as Hormuz disruption hits oil revenue The central bank said in a statement that it had revised the official exchange rate to 1,520 Iraqi dinars per dollar from around 1,320. Iraq
Explainer Rubio says Iran ‘lost’ Hormuz. Has it? US Secretary of State Marco Rubio said Wednesday that Iran has “lost complete control” of the waterway, pointing to the recovery in Gulf oil exports in September. Iran
Turkey, Pakistan to deploy forces to Saudi Arabia amid Houthi attacks Turkish, Saudi and Pakistani officials agreed to bolster military cooperation under the Mecca defense pact as Houthi attacks and fighting in Yemen intensify. Turkey
Mideast oil exports surpass prewar levels despite pipeline, ship attacks Bloomberg reported on Monday, citing sources, that Saudi Arabia’s key East-West Pipeline was flowing as normal, despite an earlier report that it had closed again following a new attack. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis As Iran’s grip on Hormuz weakens, what leverage does Tehran have left? By A correspondent in Tehran In Tehran, reporting on politics
Fuel price protests in Syria continue for second day: What to know The Syrian government hiked fuel prices by more than 28%, prompting massive protests across at least eight provinces. Syria
Saudi Arabia’s oil production slumps to lowest in 36 years as war bites The kingdom reported to OPEC that crude output fell by 1.9 million to 6.238 million barrels per day in August. Saudi Arabia
Analysis How Saudi Arabia seeks to contain Yemen's Houthis without provoking Iran Riyadh is balancing pressure on the Houthis with efforts to keep Iran from widening the conflict, as attacks threaten Saudi energy exports through the Red Sea. By Amberin Zaman Reporting on geopolitics, minorities, human rights, culture
Brent crude sails past $100 as Middle East war intensifies The Iran war escalated this week as Yemen’s Iran-backed Houthi rebels attacked four southern Saudi Arabian cities and oil facilities. Saudi Arabia
Egypt's Sisi hosts Greece, Cyprus leaders for energy talks: What to know The three-way summit in Cairo follows electricity and gas deals between the three countries as Egypt addresses its gas production struggles. Egypt
Iran to announce new Gulf restricted zone, Hormuz route: What we know Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said the restricted zone would begin at the point where the US blockade of Iranian ports starts and extend into the Gulf. Iran
Analysis Could Trump’s oil push in Venezuela upend OPEC’s energy order? Washington’s growing role in controlling the Latin American country's crude riches could help reshape an energy order centered on OPEC as the Hormuz crisis pressures Gulf exports. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi oil exports hit nine-year low as tanker attacks threaten recovery The country’s oil exports were around 3 million barrels per day in August. Saudi Arabia
Oil surges over 4% after US strikes Iranian mainland The strikes were Washington’s first on mainland Iran in just over a month and followed Iranian attacks on ships in the Strait of Hormuz. Iran
Oil prices fall after Iran steps up truce efforts, US says Hormuz mines cleared Mohsen Rezaei, secretary of Iran's Supreme National Security Council, said in an interview on Thursday that Iran was preparing a list of conditions for reopening the Strait of Hormuz. Iran
Houthis claim strike on Saudi oil tanker off Yanbu: What to know The incident is the latest in a string of Houthi attacks targeting Saudi oil and military assets. Yemen
Oil falls 1.8% as traders await 'toughest' sanctions on Iran Traders are awaiting details about new US measures sure to further disrupt Iranian oil flows. Iran
