energy security
11articles
Saudi Arabia Reroutes Oil Exports as Houthis Strike Yanbu
Saudi Arabia diverts Red Sea oil exports to Gulf terminals after Houthi strikes on Yanbu, with satellite data showing the highest supertanker concentration at Gulf ports since June.
Trump: Russia Lost Control of Diesel Industry, War Must End
President Trump said Russia has 'lost control' of its diesel industry following Ukrainian drone strikes on energy infrastructure, and called the war 'ridiculous.'
Aramco Suspends European Crude Deliveries After Pipeline Attack
Saudi Aramco is halting October crude oil deliveries to some European refiners following an attack on Saudi Arabia's East-West Pipeline, Bloomberg reported Friday.
Ukraine Struck Fuel Trucks Near Zaporizhzhia, Russia's Nuclear Chief Says
Rosatom's director general accused Ukraine of attacking fuel supply vehicles near Europe's largest nuclear plant, raising fresh safety alarms at the contested Zaporizhzhia facility.
Saudi Arabia Closes East-West Pipeline After Drone Strikes From Iraq
Saudi Arabia shut its vital East-West crude pipeline Friday after drones launched from Iraqi territory struck multiple pumping stations, threatening a key non-Hormuz export route.
China's State Oil Majors Spent $343 Billion Preparing for This Moment
Sinopec, PetroChina, and CNOOC spent $343 billion building domestic output and strategic reserves since 2018 — a bet that is now softening the global impact of the Hormuz closure.
Iran Halts Ships in Hormuz Strait, Sending Oil Prices Higher
Tehran said it is stopping vessels in the Strait of Hormuz, sending crude prices higher and raising alarms about a chokepoint that carries one-fifth of global seaborne oil.
Iran War Leaves Oil Markets More Vulnerable Than Trump Believes
Depleted strategic reserves and a changed geopolitical landscape mean the US-Iran conflict poses a far greater oil price shock risk than Washington has acknowledged.
Beijing's Hidden Stake in the Hormuz Halt
China imports more Gulf oil than any country and brokered the 2023 Saudi-Iran normalization. It has the most to lose from Hormuz closure and unique leverage over Tehran.
Iran Establishes Formal Authority to Govern Strait of Hormuz
Iran's Supreme National Security Council has created the Persian Gulf Strait Authority to manage Hormuz operations as Brent crude hits $111.50 and Trump threatens renewed strikes.
What is the Strategic Petroleum Reserve, and how does it actually work?
America's emergency oil stockpile — what it is, where it sits, who can release it, and what it actually does for prices during a crisis. Includes lessons from the 2022 record release.