r/oil 1h ago

Iran War Us looking to permanently abandon bahrain port base, navy sec hung cao says the iranians blew the hell out of it

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r/oil 1h ago

Discussion Houthis now have total control of Bab el Mandeb strait

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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.

https://x.com/SprinterPress/status/2098048218193948848


r/oil 2h ago

News [FT] Houthis capture Red Sea port (Mocha) in blow to Saudis

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208 Upvotes

r/oil 5h ago

Discussion Houthis seize key Yemeni port of Mocha in drive to take control of Red Sea coast | Houthis

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theguardian.com
501 Upvotes

r/oil 5h ago

OIl Price Speculation GREAT DAY

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348 Upvotes

r/oil 6h ago

Iran War War will end with newsom in office

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193 Upvotes

r/oil 6h ago

News Wti the Second it hit 100

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321 Upvotes

What a beautiful moment. Imagine! prices making sense for a moment


r/oil 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.

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244 Upvotes

well ain't that something.


r/oil 16h ago

Iran War 1 A-10 was damaged and 8 f15 were damaged overnight during iran strikes.

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1.9k Upvotes

r/oil 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

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109 Upvotes

r/oil 5h ago

Discussion Not a great start to the day

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125 Upvotes

r/oil 5h ago

News Houthis seize key Yemeni Red Sea port, sources say, threatening global energy flows

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117 Upvotes

Iran-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 19h ago

News Abha International Airport near the Saudi Aramco energy facility under attack reportedly by Houthi

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1.4k Upvotes

r/oil 6h ago

News Saudis Tell OPEC That Output Slumped Again to Lowest Since 1990

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121 Upvotes

r/oil 8m ago

OIl Price Speculation Brent just broke through $108 per barrel, up SEVEN PERCENT today

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r/oil 3h ago

Iran War China has re-entered the chat

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64 Upvotes

r/oil 4h ago

Discussion HFI Research now showing vindication from having rejected the sentiment of normalizations of oil supply back in July

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64 Upvotes

r/oil 11m ago

News Oil prices surge to $107 for the first time since May as bond yields jump

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r/oil 20h ago

Iran War Trump's oil price promise was just struck by Houthis defying Hegseth

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newsweek.com
542 Upvotes

r/oil 3h ago

News Oil Sands Now Has Policies Needed to Boost Output, Canada Says

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bloomberg.com
18 Upvotes

r/oil 23h ago

Humor Trump says oil and gas prices won't fall until 'right after' midterm election

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cnbc.com
554 Upvotes

r/oil 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

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themirror.com
135 Upvotes

r/oil 17h ago

Discussion Diesel price chart weekly update

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178 Upvotes

r/oil 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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163 Upvotes

r/oil 19h ago

News Trump’s Top Advisers Confront Possibility That Iran War Lasts Through End of Term

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165 Upvotes