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A drone attack from Iraq forced Saudi Arabia to close its East-West pipeline, the kingdom said, threatening a key workaround to Iran’s Persian Gulf blockade.

Saudi Arabia on Saturday ​shut down the vital East-West pipeline after the conduit came under attack in the widening Middle East war, threatening to send energy prices soaring. The 1,200-km pipeline has served as the main route out for global ​supplies of Middle East oil for the ‌past six months while the Strait of Hormuz has been largely shut by war.

Watch Pakistan's GasPort on LNG Outlook Amid Hormuz Closure Bloomberg.com

BAGHDAD — Iraqi authorities have seized a drone launch platform inside the country that was used in an attack on Saudi Arabia’s East-West oil pipeline, Iraq’s Security Media Cell chief Saad Maan said Saturday.“An intelligence and security task force made significant efforts and managed to locate and seize the launch platform inside Iraqi territory,” Maan said in a statement carried by the state-run Iraqi News Agency (INA).He said investigative procedures were continuing with the involvement of forensic experts, including technical documentation, examination and analysis of the platform.Maan said efforts were focused not only on securing the platform but also on intensive field and intelligence operations to identify those involved in the attack.Earlier Saturday, Iraqi army spokesman Sabah Al-Numan said security and intelligence agencies were continuing operations to arrest all those involved in the attacks targeting Saudi Arabia.The developments came after Saudi Arabia said Friday that its strategic East-West Pipeline in the Riyadh and Madinah regions had been targeted by several drones launched from Iraq, causing injuries and material damage.The Saudi Ministry of Foreign Affairs s

Bonds under pressure as oil prices surge | Herald NOW Business NZ Herald

CB&I AND AG&P INDUSTRIAL ACHIEVE FIRST-OF-ITS-KIND MILESTONE WITH ALL-STEEL FULL CONTAINMENT LNG TANKS IN THE PHILIPPINES PR Newswire

Ship operators already faced severe risks in navigating the region, and now the danger is higher as Houthi militias assert control in the Red Sea.

The group, which includes Iran, has been split over the war. It called for “maximum restraint” in the Middle East without casting blame on any particular country.

Iranian President Masoud Pezeshkian and the crown prince of Abu Dhabi met on the sidelines of the Brics summit in New Delhi on Saturday, marking the highest-level meeting between the two sides since the Iran war began. The bilateral meeting came as the fallout of the war in Iran widened, with Saudi Arabia shutting its key East-West oil pipeline after it was attacked by drones on Friday. The closure of the pipeline stretching across the Arabian peninsula has heightened global concerns over more...

Middle East Oil Refineries Could Ramp Up Output in 40-60 Days From End of Crisis, Vitol Bahrain Says EnergyNow.com

KYIV — Russia and Ukraine traded massive waves of drone attacks overnight into Sunday, leaving civilians dead and injured and damaging energy infrastructure on both sides as Moscow intensified its air campaign ahead of winter.Two people were killed and 12 others injured when Ukrainian drones struck Nizhnekamsk in Russia’s Tatarstan region, according to the office of regional head Rustam Minnikhanov.The two civilians died after a drone struck a tree near their parked car, officials said.Nizhnekamsk is home to a major concentration of Russian oil refineries and petrochemical, rubber and polymer plants. Mayor Radmir Belyaev said a fire broke out at one of the city’s enterprises but provided no further details.Ukraine also said Sunday that its drones struck a major oil refinery in Slavyansk-on-Kuban in Russia’s Krasnodar region.Ukraine’s Defense Intelligence agency said drones hit a key oil-processing unit and the refinery’s tank farm, triggering a large fire.Krasnodar authorities said an attack on an enterprise in Slavyansk-on-Kuban injured three people, damaged an oil pipeline and caused a fire, but did not directly confirm Ukraine’s account of the target.Russia’s Defense Ministry sa

The shipments underscore the impact of a sustained Ukrainian drone campaign against Russia's oil refineries and energy infrastructure

Trump calls on Ukraine to halt attacks on Russian oil refineries politico.eu

Nepal Oil Corporation urges public not to hoard cooking gas Nepalnews.com

Trump says US could stay in Iran and keep oil, like Venezuela deal Reuters

Brega Petroleum Marketing Company announced yesterday that a new expanded cylinder filling system will soon enable its Al-Hani Cooking Gas Cylinder Fi...

NEW DELHI, Sept 13 — AWL Agri Business Ltd, one of India’s largest food and fast-moving consumer goods compa...

‎The Tripoli based Ministry of Defence denied last night allowing the use of the Misrata military base, or any other western Libyan military facility,...

Iran and its allies now hold sway over two key oil shipping routes, and Tehran is setting the stage for a diplomatic win that could enhance its stature.

The Energy Services Directorate under Syria’s Ministry of Energy approved a sharp increase in the prices of petroleum products and […] The post Syria Raises Fuel Prices in Unprecedented Hike appeared first on Enab Baladi.

Iraq seizes drone-launching platform used for targeting Saudi oil pipeline aljazeera.com

Algeria Strongly Condemns Attack on Saudi Arabia’s East-West Oil Pipeline Fana News -

Oil prices retreated on Friday on hopes of a resumptions in negotiations, but notched sharp weekly gains after soaring above $100 a barrel.

It is the talk in today’s marketplaces - how and where to find finished petroleum products, given the limited availability of petroleum products globally. As it seems, the two Bab...

Drones Attack Nizhnekamsk Oil Refinery 1,200 km From Ukraine Мілітарний

Is Vietnam LNG Advisory Win Altering The Investment Case For Afry (OM:AFRY)? simplywall.st

Saudi Arabia’s Oil Lifeline is Shut: Everything You Need to Know Palestine Chronicle

DUBLIN — US President Donald Trump said Saturday that the war with Iran could end “very soon,” while accusing Tehran of seeking to prolong the conflict to influence elections.Speaking after a meeting with Irish Prime Minister Micheál Martin in Ireland, Trump said he expected the conflict to end shortly but reiterated that the United States would not allow Iran to obtain a nuclear weapon.“I think very soon,” Trump said when asked when the war would end. “I think it'll be probably right after election times.”Trump accused Iran of trying to “hold out as long as they can to complicate the election,” without elaborating.“Iran cannot have a nuclear weapon. It's very simple,” he said.Trump also predicted that oil prices would fall sharply once the conflict ends.Trump said the United States had established strong control over the area through what he described as an aggressive naval blockade and claimed US forces were intercepting about 25 boats a day, most of them at night.The president also addressed Gaza, rejecting accusations that Washington was facilitating genocide or Israel’s occupation of the West Bank.“When you say Gaza, you know we put out the fire and we get all the hostages,” T

President revives plans for strategic Ushuaia base as Argentina hardens its stance on British oil exploration and Antarctica region attracts growing interest from Washington and Beijing. Leer más

Colombia Targets 1 Million Barrels of Oil a Day Again ColombiaOne.com

TotalEnergies Plans $10B in Angola Oil Investments Rigzone