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Yemen's Houthis reach strategic island at mouth of vital shipping lane

If the Houthis gain full control of the Bab el-Mandeb Strait, on the opposite side of the Arabian Peninsula from ‌the Strait of Hormuz, it could give ...

Sep 11, 2026 · Staff
Originally on Wedgetail
News
Jeff Currie Sees ‘Extremely High Probability’ of $5 Gasoline by Midterms

Jeff Currie, founder & CEO at Real Macro and co-founder & director at 1947 Oil and Gas, explains why the need for refineries to balance production of ...

Sep 11, 2026 · Staff
Originally on Wedgetail
News
Satellite images show smoke near Saudi Arabia’s critical East-West oil pipeline

Satellite images show smoke near Saudi Arabia’s critical East-West oil pipeline Satellite images showed smoke rising near Saudi Arabia’s East-West oil...

Sep 11, 2026 · Staff
Originally on Wedgetail
News
Europe spends record €7.3bn on Russian Arctic gas in just eight months, surpassing 2025 total

Two European companies dominate the Arctic shipping network: Scotland's Seapeak and the Greek-linked shipping firm Dynagas. Together, vessels tied to ...

Sep 11, 2026 · Staff
Originally on Wedgetail
News
IEA warns global oil refining system ‘stretched to the limit’ as Iran, Ukraine wars tighten market

The energy agency warned shrinking inventories and strained refineries could further tighten markets.

Sep 11, 2026 · Staff
Originally on Wedgetail
News
Yemen’s Houthis reach strategic island in Bab el-Mandeb Strait

Yemen’s Iran-aligned Houthis on Friday reached the strategic island of Perim in the Bab el-Mandeb Strait, four Yemeni government sources told Reuters,...

Sep 11, 2026 · Staff
Originally on Wedgetail
News
Iran’s Oil Exports Stay Choked as US Naval Blockade Holds

Iran’s oil exports remain severely constrained almost two months into a renewed US naval blockade, deepening the Islamic Republic’s economic crisis an...

Sep 11, 2026 · Staff
Originally on Wedgetail
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China’s Indonesian nickel boom runs into a limestone wall

Some environmental disasters announce themselves: a spill draws cameras, an apology, a cleanup crew. Most do not. They begin instead as paperwork — a ...

Sep 11, 2026 · Staff
Originally on Wedgetail
News
U.S. oil price dips below $100 while diesel passes $6, marking fresh record

Brent crude and West Texas Intermediate’s front-month contracts edged lower on reports of plans for diplomatic talks between Gulf states.

Sep 11, 2026 · Staff
Originally on Wedgetail
News
Houthis take control of Yemen’s Red Sea coast, key shipping route

Rapid advance of Iran-backed force threatens key alternative shipping route to Strait of Hormuz.

Sep 11, 2026 · Staff
Originally on Wedgetail
News
Anglo nickel deal tests EU resolve over Chinese control of resources

China-backed MMG urges Brussels to approve $500mn transaction as European regulators prepare formal warning

Sep 11, 2026 · Staff
Originally on Wedgetail
News
Anglo nickel deal tests EU resolve over Chinese control of resources

China-backed MMG urges Brussels to approve $500mn transaction as European regulators prepare formal warning

Sep 11, 2026 · Staff
Originally on Wedgetail