Saudi Aramco ordered the evacuation of its Dhahran headquarters on Thursday, October 22, 2026, directing staff to work remotely after an alarm. Multiple sources, including Bloomberg and Reuters, confirmed the move. It is the first full headquarters evacuation since the U.S.-Israeli war with Iran began in late February 2026.BloombergReuters The headquarters, which includes an operations […]
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Supertankers are racing into the Persian Gulf for record fees, and that single migration is redrawing how crude moves. More than 40 percent of the world’s roughly 850 very large crude carriers are now inside the Gulf or within a couple of days’ sail of it, according to Signal Ocean data cited by Bloomberg. Empty […]
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Energy News Beat | September 11, 2026 Open-source satellite imagery and fire-detection data circulating Friday morning have raised the possibility that Yemen’s Houthis struck a pumping station on Saudi Arabia’s East-West crude pipeline, the kingdom’s main overland route around the Strait of Hormuz. The claim is serious. It is also, as of this writing, unconfirmed […]
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Brent settled above $101 on Wednesday, September 9, and WTI followed through the $100 level on Thursday morning in a sharp rally. Physical benchmarks had already been there. Dated Brent has held above $100 since September 3. Murban, DME Oman, the OPEC basket, and the Indian basket were already trading over that threshold. Futures are […]
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Yemen’s Iran-aligned Houthis claimed a drone strike on Saudi Aramco’s Jazan (also spelled Jizan) refinery on Sunday, August 9, 2026, just two days after the kingdom signed a major trilateral defense pact. Saudi Arabia’s Energy Ministry reported a fire at a facility within the complex that was extinguished with no injuries. This marks the latest […]
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The Iran-aligned Houthi rebels in Yemen claimed on or around August 4-5, 2026, that they successfully targeted a Saudi-controlled medium-range (MR) product tanker in the northern Red Sea with ballistic missiles. The vessel, identified as the Bahri-controlled NCC Wafa (also referred to as Wafaa or NCC WAFA; IMO 9688348, approximately 49,990 DWT, built 2014, Saudi-flagged), […]
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Iraq has suspended crude oil loading operations at all its southern export terminals following a drone incident at the Basra (Basrah) terminal complex in the Persian Gulf. The move affects a significant portion of the country’s exports, which normally average around 3.3–3.6 million barrels per day (bpd) via these facilities (with some market commentary citing […]
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This ~1,200 km (745-mile) pipeline, operated by Saudi Aramco, runs from the major eastern oil fields (near Abqaiq) across Saudi Arabia to export terminals at Yanbu on the Red Sea coast. It has a maximum capacity of about 5–7 million barrels per day (bpd) after upgrades and has served as a critical bypass for oil […]
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In a strategic move amid escalating geopolitical tensions, Saudi Arabia is ramping up efforts to bypass the disrupted Strait of Hormuz by utilizing its East-West Pipeline, also known as Petroline. This backup infrastructure allows the kingdom to redirect crude oil from its eastern fields to the Red Sea port of Yanbu, avoiding the chokepoint that\’s […]
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In the midst of escalating geopolitical tensions in the Middle East, Saudi Arabia\’s long-term investments in pipeline infrastructure are proving to be a critical lifeline for global energy markets. With the Strait of Hormuz effectively shut down due to the ongoing conflict with Iran, the Kingdom\’s East-West Pipeline—often referred to as Petroline—has emerged as a […]
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