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The Bab el-Mandeb Problem
Houthi control of a Red Sea port brings Tehran closer to claiming another critical waterway.
Sep 10, 2026 · StaffOriginally on Wedgetail
It’s not just Hormuz. Another war is providing fresh price shocks to fuel and food.
The Middle East conflict overshadows outages in Russia and a ‘massive impact’ on diesel supplies
Sep 10, 2026 · StaffOriginally on Wedgetail
Mexican Government Slashes Pemex Aid by 70%
Bloomberg's Alex Vasquez joins Scarlet Fu on "Bloomberg Deals." Mexicos President Claudia Sheinbaum’s proposed 2027 budget reduces support for state-o...
Sep 10, 2026 · StaffOriginally on Wedgetail
Iran-backed Houthi rebels take strategic port city in Yemen, raising threat to Red Sea shipping
The Iran-backed Houthi rebel group on Thursday took over Yemen’s port city of Mokha, an area vital to controlling shipping through the Red Sea, Houthi...
Sep 10, 2026 · StaffOriginally on Wedgetail
Is OPEC Losing Its Clout?
OPEC’s grip on the global oil market is weakening. With the UAE already out and Venezuela mulling its options, Saudi Arabia’s influence is being dilut...
Sep 10, 2026 · StaffOriginally on Wedgetail
US Natural Gas Market Verging on Record Growth
US natural gas production is projected to reach a record high of 111.7 billion cubic feet per day (bcfd) in 2026, up from 107.6 bcfd in 2025, accordin...
Sep 10, 2026 · StaffOriginally on Wedgetail
Iran raises fuel prices for heavy users
The rise of the price of fuel is an issue for both the United States and Iran in this conflict. US president Donald Trump has conceded that prices wil...
Sep 10, 2026 · StaffOriginally on Wedgetail
Why the US appears to have given up on nuclear deal with Iran
As the U.S. and Iran have been trying to reach an agreement to end the war, two nuclear decisions may be prolonging the conflict.
Sep 10, 2026 · StaffOriginally on Wedgetail
Global energy market shock not over yet — IMF
As the IMF warned in an analytical note published in mid-July, a significant portion of the capacity to mitigate the global energy crisis sparked by t...
Sep 10, 2026 · StaffOriginally on Wedgetail
Likely oil slicks in Strait of Hormuz after US tanker strikes: experts
Recent satellite images analysed on Thursday appear to show oil slicks near the Strait of Hormuz, after US strikes on tankers suspected of links to Ir...
Sep 10, 2026 · StaffOriginally on Wedgetail
EIA Raises 2027 U.S. Oil Output Forecast
The U.S. Energy Information Administration has raised its forecast for U.S. crude oil production in 2027 to 14.3 million barrels per day, up from 14.2...
Sep 10, 2026 · StaffOriginally on Wedgetail
EIA Raises 2027 U.S. Oil Output Forecast
The U.S. Energy Information Administration has raised its forecast for U.S. crude oil production in 2027 to 14.3 million barrels per day, up from 14.2...
Sep 10, 2026 · StaffOriginally on Wedgetail