
Saudi East-West Pipeline Outage Threatens 4% Hit to Global Oil Supply
Saudi Arabia’s East-West pipeline shutdown could threaten 4% of global oil supply as traders await repair timelines and export updates.

Saudi Arabia’s East-West pipeline shutdown could threaten 4% of global oil supply as traders await repair timelines and export updates.

Houthi forces captured Yemen’s port city of Mocha, increasing market concern over Bab el-Mandeb shipping risks and potential oil price pressure.

Foreign investment into Germany rose to 86 billion euros in 2025, with UK inflows surging and the US share dropping sharply, according to IW data.

US President Trump threatens military action against Oman if it disrupts talks with Iran over Strait of Hormuz control amid escalating regional tensions.

US envoy Jared Kushner met Hamas leaders in Egypt urging concrete disarmament steps to progress peace talks and Israeli security commitments amid ongoing Gaza tensions.

Russia’s July oil and gas revenues are expected to rise 60% year-on-year due to higher global oil prices, despite ongoing sanctions and a weaker year-to-date performance.

US President Donald Trump proposes hosting a future FIFA World Cup in the US without Canada and Mexico and suggests a US-China joint bid for the tournament.

The Trump administration's tentative approval for Saudi uranium enrichment without full IAEA oversight raises nuclear proliferation concerns amid regional tensions with Iran.

US forces conducted airstrikes on Iranian military and infrastructure sites in the Persian Gulf; Iran retaliated with attacks on US bases in Bahrain and Kuwait.

President Trump promises to remove Syria from the terrorism sponsor list, enabling new investment opportunities and signaling a strategic US-Syria rapprochement.

US cancels planned strikes on Iran amid diplomatic progress, prompting shifts in energy and defense markets as multinational deal nears finalization.

President Trump postponed a planned May 19 strike on Iran after Gulf leaders urged restraint; intense negotiations continue amid ongoing regional tensions.