Oil and gas

The Chinese-flagged container shipping vessel Hui Fa transits the Gulf of Oman off the coast of Khor Fakkan in the emirate of Sharjah east of the UAE, on Oct. 13, 2026.

Gulf oil exports surpass prewar levels despite escalating tanker attacks

According to data from Kpler, oil shipments through the Strait of Hormuz and alternative routes across the Middle East averaged more than 24 million barrels a day last week, surpassing prewar levels of 23.3 million.

In Bristol, reporting on regional business, climate change, AI, tech

Benoit Tessier / AFP via Getty Images

Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest

France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption.

shoppers walking through the Tajrish Bazaar, a traditional market in Tehran

Analysis

As Iran’s oil lifeline runs dry, can it outlast Trump's economic siege?

The country's last barrels of crude stockpiled beyond the reach of a US naval blockade fell to zero in October, raising the stakes for Tehran amid mounting economic distress.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A vessel transits the Gulf of Oman

Analysis

How much oil can cushion another Middle East supply shock?

Global oil inventories stood at 3.35 billion barrels in October, the lowest level on record since January 2017, according to Kpler.

In Bristol, reporting on regional business, climate change, AI, tech

Latest News

Explainer

Russian diesel heads to Morocco as supply crunch grips global markets

Fuel prices are displayed at a petrol station in Rabat

Explainer

Aramco HQ attack exposes Saudi defense gaps, infrastructure vulnerabilities

Flames burn at a facility belonging to Saudi oil giant Aramco south of Riyadh

Explainer

IMF projects Gulf rebound in 2027. Can energy production keep pace?

TOPSHOT - Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island. (Photo by AFP via Getty Images) /

Hormuz attacks spike after US airstrike on Iran-linked tanker

A cargo ship is pictured off coast of the Khor Fakkan Container Terminal, along the Gulf of Oman, on June 28, 2026, after Iran's top diplomat warned that any attempt by shipping to bypass its preferred route through the Strait of Hormuz would "increase tensions" in the Middle East.

Jared Szuba

In Washington, DC, reporting on defense, national security, military

AFP via Getty Images

Saudi Aramco curbs Europe crude exports to support Asia supplies

Saudi Arabia is sending about 60 million barrels of crude through the Strait of Hormuz to Oman’s Sohar port this month and next, Reuters reported.

FAYEZ NURELDINE/AFP via Getty Images

Explainer

How soon can Saudi Arabia restart its key oil pipeline?

State-run oil company Saudi Aramco is reportedly working to bypass a damaged section of the East-West Pipeline to regain partial capacity.

AFP via Getty Images

China presses Iran, US to reopen Hormuz as disruptions threaten oil supply

Conflicts in the region are disrupting two key routes for oil bound for China, with Iranian crude affected by the Strait of Hormuz and Saudi shipments facing growing risks in the Red Sea.

A commercial vessel is anchored off Yemen's coast at Bab al-Mandeb, in the straits connecting the Red Sea with the Gulf of Aden and the Indian Ocean on Sept. 12, 2026.

Explainer

Saudi Yanbu halt deepens oil strain as Europe scrambles for crude

European crude importers are racing to secure new oil shipments as markets brace for the loss of up to 4% of global supplies into October following attacks on Saudi oil infrastructure.

Fighters loyal to the Houthi authorities shout slogans during a rally to recruit more fighters, in Sanaa, Yemen, on Sept. 10, 2026.

Analysis

Why Saudi Arabia's balancing act with US, Iran, Houthis risks collapse

Houthi rebels escalated their attacks on Tuesday, triggering alerts around the holy city of Mecca, Taif and the Red Sea port city of Jeddah.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

US Republican Representative Wesley Hunt of Texas gestures after speaking during the first day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, on July 15, 2024.

Meet Wesley Hunt, Trump's pick for ambassador to Saudi Arabia

The Texas Republican previously served for two years in the kingdom as a diplomatic liaison officer.

AFP via Getty Images

Analysis

Saudi pipeline shutdown exposes shrinking global oil-supply buffers

Oil prices have climbed to their highest since May as disruptions to flows through the Strait of Hormuz and the temporary shutdown of Saudi Arabia’s East-West Pipeline tighten global supply.

In Bristol, reporting on regional business, climate change, AI, tech

A sailor from the navy of Yemen's Aden-based internationally recognized government stands at a machine-gun position aboard a vessel patrolling a shipping lane off Hanish Island in the Red Sea on July 27, 2026.

Oil tops $109 after Houthi strikes, Saudi pipeline shutdown

The Houthi militia said on Monday that it fired dozens of drones and ballistic missiles at military targets in Saudi Arabia in retaliation for airstrikes by Riyadh in Yemen.

AFP via Getty Images

Yemen's Houthis push deeper into Red Sea, capture 2 islands: What to know

The group has captured the Greater and Lesser Hanish islands, expanding its foothold in the southern Red Sea.

Bakr ALkasem / AFP via Getty Images

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.

FAYEZ NURELDINE/AFP via Getty Images

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.

Fighters supporting the Aden-based, internationally recognized Yemeni government gather during a vigil along the Red Sea shore in Khokha, in Yemen's western Hodeidah province, on July 20, 2026.

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.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture