Saudi Red Sea Oil Exports Stop Amid Houthi Threats

Saudi crude exports from the Red Sea are increasingly vanishing from view as tankers switch off tracking signals to avoid attacks by Yemen’s Iran-aligned Houthis, according to ship-tracking firms and industry analysts. The shift obscures visibility into global oil supply assessments and creates wide discrepancies in export estimates used by the International Energy Agency and … Read more

Iran-Oman Deal Nears Final Stages Amid Hormuz Strait Tensions

Iran announced on Sunday, August 9, 2026, that a diplomatic agreement with Oman defining new shipping lanes in the Strait of Hormuz is in its final stages, though Foreign Minister Abbas Araqchi reiterated that the vital waterway will not reopen until the United States meets several strict conditions. The Strait of Hormuz previously carried a … Read more