Saudi Arabia says it has intercepted five drones since Thursday
The interception of five drones by Saudi Arabia signals a potential escalation in regional tensions, which could impact energy markets, particularly crude oil prices.
Kuwait’s National Oil Company says the Mina Al-Ahmadi refinery was hit in a drone attack, sparking a fire, Press TV reports
Iran claimed to have shot down a US F-35 fighter jet, according to TASS
Saudi Arabia says it has intercepted five drones since Thursday
Fire erupted at Al-Ahmedi port refinery in Kuwait due to suicide drone attacks
Russian Deputy Foreign Minister Ryabkov comments that the shortest way to a settlement in Ukraine is to halt arms deliveries to Kyiv from the US and NATO countries, according to TASS
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Given Saudi Arabia's pivotal role in global oil supply, any perceived threat to its security could trigger a risk premium in WTI prices, especially if this situation develops further or affects production capabilities.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL9 hours ago
- Alerts activated in Saudi Arabia's Jazan and Abha, according to Civil Defence11 hours ago
- Sources report explosions in the Jazan region of Saudi Arabia, according to Fars 11 hours ago
- Flights reportedly suspended at Jeddah airport, Saudi Arabia, according to Iranian media 11 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war1 hour ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates1 hour ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes2 hours ago
- IRGC says it attacked two US vessels, eight oil vessels and ten violating ships with the intention of crossing the prohibited and unsafe area of the Strait of Hormuz2 hours ago
- [MARKET UPDATE] Asia-Pac stocks begin mostly higher with the region shrugging off the weak lead from Wall St, where all major indices declined on return from the long weekend amid rising oil prices and ongoing geopolitical escalation4 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging4 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks5 hours ago
- US Central Command says their forces destroyed five Iranian crude oil carriers on Tuesday after the IRGC targeted a US Navy warship with ballistic missiles twice over the past two days6 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers6 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN6 hours ago
- Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks7 hours ago
- IRIB reporter denies reports of an attack on a second Iranian oil tanker in Kharg Island7 hours ago
- IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports8 hours ago
- US military has struck targets near Kharg Island and Jask. The targets include Iranian oil tankers. This is part of a larger effort to squeeze Iran economically, Fox reports, citing senior US officials9 hours ago
- US is currently attacking Iranian oil tankers, i24 news reports, citing a US source9 hours ago
- Iran's joint military command says it will "heavily target" US interests in the Middle East if Iranian vessels are attacked9 hours ago
The whole workspace, free to try.
Try it free