Saudi Foreign Ministry, in response to targeting of East-West Pipeline, "the Kingdom has chosen not to retaliate at this stage and to support the efforts of the Iraqi government" to allow Iraq to take measures to prevent attacks from its territory
Every headline is on the live feed 20 minutes before this site.
Corning (GLW) files for a USD 2bln common stock offering of up to USD 2.0bln
Astra Zeneca (AZN LN) Serena 4 trial (Phase 3) did not meet primary endpoint of PFS for treatment of Breast Cancer
Saudi Foreign Ministry, in response to targeting of East-West Pipeline, "the Kingdom has chosen not to retaliate at this stage and to support the efforts of the Iraqi government" to allow Iraq to take measures to prevent attacks from its territory
Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets
Burry adds to his positions in Zoetis (ZTS) and Lululemon (LULU); sold entire position in Flutter (FLUT)
On the Newsquawk feed at , 20 minutes before this page.
Context
Attacks on the East-West Pipeline have historically carried weight beyond their physical volumes because the line is the Kingdom's principal bypass around the Strait of Hormuz, and strikes on it function as a test of that redundancy rather than a simple supply outage. The notable element here is the response posture: Riyadh explicitly declining retaliation while delegating to Baghdad follows a pattern seen in past episodes where Gulf states absorbed cross-border strikes and channelled the response through diplomacy, a sequence that has tended to cap the geopolitical risk premium faster than escalation cycles do. Routing the matter through the Iraqi government puts the burden on Baghdad's ability to constrain armed groups operating from its territory, a capability that has proven uneven in comparable episodes and is the operative variable for whether attacks recur. For crude, the distinction that matters is between disruption of the pipeline itself, which tightens Red Sea export capacity, and the headline risk of reprisal, which the statement is designed to defuse; the former is a physical story, the latter a sentiment one. Worth watching are any follow-on claims of responsibility, further strikes on Saudi or Iraqi energy infrastructure, and whether other Gulf or Western actors endorse the de-escalatory framing.
Related headlines
- IRGC Navy says that a container ship carrying 2,500 containers sank south of the Strait of Hormuz, Sepah News reports 2 hours ago
- Yemeni Army Spokesperson says operations towards Saudi airports and oil facilities will continue in the coming days. Warns for global shipping Cos, civillians and workers to evacuate such airports/firms, as they are legitimate targets2 hours ago
- Explosions have been heard in Riyadh, Sabereen reports4 hours ago
- SNN reports that "severe explosions shake Jeddah, Saudi Arabia"; some reports suggest strikes have targeted the Aramco oil refinery in Jeddah5 hours ago
- Russian air attack hits energy facilities in Ukraine's capital Kyiv, according to the mayor8 hours ago
- Iran is shifting tactics to step up attacks on shipping ahead of US midterms, according to two Iranian officials cited11 hours ago
- Houthi official warns that Saudi oil and vital installations will be visited tonight by a group from Yemen13 hours ago
- Russian President Envoy Dmitriev says they will continue economic cooperation with the US, not only on diesel31 min ago
- A Saudi Aramco HQ in Dhahran suffered extensive damage in the Houthi attack, with a fire spreading to several floors, according to sources42 min ago
- Bank of America (BAC) Q3 2026 (USD): Adj. EPS 1.08 (exp. 1.10), Revenue 30.0bln (exp. 30.58bln)49 min ago
- Russian Deputy PM Novak says a diesel supply solution, with reference to supplies to the US, will be determined via negotiation, in the context of ongoing sanctions, Ifx reports. Russian oil output will see a recovery1 hour ago
- UKMTO receives a time-late report of an incident within the Strait of Hormuz, in which a container ship was struck by an unknown projectile on October 13th1 hour ago
- BlackRock Inc. (BLK) Q3 2026 (USD): Adj. EPS 15.93 (exp. 14.32), Revenue 7.75bln (exp. 7.43bln)1 hour ago
- Eni (ENI IM) CEO says the Emissions Trading System should be suspended until there is a solution to the global geopolitical events influencing the market1 hour ago
- Unidentified explosions reportedly heard within the Sulaymaniyah province of Iraq1 hour ago
- Fed's Bowman (Voter) says not seeing urgency on further action on rates 1 hour ago
- Israeli PM Netanyahu says he opposes a preemptive attack on Iran at this time before the elections: "I think it's not convenient for us"1 hour ago
- Germany sells EUR 1.882bln vs Exp. EUR 2.5bln 3.40% 2047 and 2.90% 2056 Bund1 hour ago
- IRGC says it is ready to respond to any aggression, more than ever before, Al Mayadeen reports1 hour ago
- A source tells the Tehran Times that the the assessment is that the US President Trump, under pressure from Israeli President Netanyahu, is seeking a new confrontation in the region, but does not have the capacity to expand or sustain this2 hours ago
The feed had this first.
Use the Platform