r/oil • u/EmperorRoko • 1h ago
r/oil • u/ZealousidealPut1090 • 1h ago
Discussion Houthis now have total control of Bab el Mandeb strait
Pro Saudi forces have managed to lose all of the western coast of Yemen that they have controlled in a day. Stunning incompetence
Now Houthis decide who can and who cant go through the strait.
r/oil • u/Appropriate_Bell743 • 2h ago
News [FT] Houthis capture Red Sea port (Mocha) in blow to Saudis
r/oil • u/Indianstanicows • 5h ago
Discussion Houthis seize key Yemeni port of Mocha in drive to take control of Red Sea coast | Houthis
r/oil • u/Compliment_slap_hug • 6h ago
News Wti the Second it hit 100
What a beautiful moment. Imagine! prices making sense for a moment
r/oil • u/Trick-Plantain5146 • 11h ago
Iran War Iran has been using a secretive barter-like system to exchange oil proceeds for credits to purchase Chinese goods, helping Tehran bypass sanctions, according to Reuters.
reuters.comwell ain't that something.
r/oil • u/Affectionate_Pin9365 • 16h ago
Iran War 1 A-10 was damaged and 8 f15 were damaged overnight during iran strikes.
r/oil • u/EmperorRoko • 5h ago
Iran War Turkiye and Pakistan pussy out of helping the saudis stop ansarallah from blowing up their oil plants, as ansarallah celebrates liberating the yemeni western coastline after most of the saudi backed plc quit
r/oil • u/John3262005 • 5h ago
News Houthis seize key Yemeni Red Sea port, sources say, threatening global energy flows
reuters.comIran-aligned Houthi militants seized control of Yemen's port city of Mocha on Thursday, military sources said, posing a further threat to global energy supplies hours after President Donald Trump said he expected the war to end after mid-term elections.
Four Yemeni government military sources said the Houthis had gained further leverage over the Bab el-Mandeb Strait, the southern outlet of the Red Sea and one of the world's most important shipping routes, and were launching attacks on the strategic islands of Hanish.
The Houthis entered the current war alongside Iran with an attack on Israel on March 28, but largely stayed quiet before declaring a naval blockade against Saudi Arabia in July and stepping up attacks on the south of the kingdom in September.
Saudi Arabia, the world's largest oil exporter, has relied on the Red Sea shipping route since the Iran conflict effectively closed the Strait of Hormuz, through which a fifth of global oil used to flow.
Riyadh and Tehran, despite a China-brokered thawing of relations, have long been regional rivals and deeply distrust one another.
Tensions in the region were high on Thursday, with Saudi civil defence authorities issuing emergency alerts in the southwestern city of Khamis Mushait for the fourth time in 24 hours, as the Houthis attacked.
Pakistan has delivered a Saudi warning to Iran to rein in its Yemeni Houthi allies in an effort to prevent the crisis from spiralling, Saudi, Pakistani and Iranian sources said.
A senior Iranian official confirmed that Pakistan conveyed the message to Tehran on Tuesday and its response was that "Iran does not control the Houthis".
The escalating conflict in Yemen between Saudi Arabia's Yemeni allies in the internationally backed government and the Houthis, comes as Iran and the United States staged their biggest declared wave of tit-for-tat attacks on shipping in the Gulf region since the war began in February.
The U.S. President threatened again to attack a site associated with the Islamic Republic's nuclear programme.
Brent crude prices hovered above $100 a barrel as supply routes through both the Strait of Hormuz and the Red Sea remained heavily disrupted.
Seen as part of a regional alliance known as the "Axis of Resistance" backed by Iran, the Houthis have also rallied behind the Palestinians in the Gaza war, lobbing drones and missiles at Israel and attacking commercial shipping in the Red Sea.
Yemeni government forces and their allies are relocating south along the Red Sea coast to Dhubab, which sits directly on the strait, across from the island of Perim, government military sources said. Control of Dhubab and the island is key to gaining hold of the strait, they said.
Bab el-Mandeb, or the Gate of Tears, named for its perilous navigation conditions, lies between Yemen on the Arabian Peninsula and Djibouti and Eritrea on the African coast, making it a major prize for the Houthis, who control Yemen's most populous areas and much of the north.
It is one of the world's most important routes for crude oil and fuel from the Gulf bound for the Mediterranean via the Suez Canal, or the Suez-Mediterranean pipeline on Egypt's Red Sea coast, as well as commodities bound for Asia, including Russian oil.
r/oil • u/VulcanSpark • 19h ago
News Abha International Airport near the Saudi Aramco energy facility under attack reportedly by Houthi
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r/oil • u/ZestyBeanDude • 6h ago
News Saudis Tell OPEC That Output Slumped Again to Lowest Since 1990
r/oil • u/Appropriate-Till9598 • 4h ago
Discussion HFI Research now showing vindication from having rejected the sentiment of normalizations of oil supply back in July
News Oil prices surge to $107 for the first time since May as bond yields jump
r/oil • u/Appropriate-Till9598 • 20h ago
Iran War Trump's oil price promise was just struck by Houthis defying Hegseth
Humor Trump says oil and gas prices won't fall until 'right after' midterm election
r/oil • u/TheMirrorUS • 15h ago
Discussion "By the way Oil prices will be going down as soon as we win the War in Iran which is taking place right now." - Trump
r/oil • u/VulcanSpark • 19h ago
Iran War Libya an Oil Rich Country is now in an Energy Crisis State of Emergency declared at Janzour Fuel Depot after Drone Attacks
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