energy

Millions of barrels of Saudi Arabian crude are still being shipped from the nation’s Red Sea coast to the global market, despite threats and attacks by Yemen’s Houthi militants against the kingdom’s shipping that have the potential to further destabilize the global oil trade.

Oil retreats from above $100, but set for weekly rise on Middle East escalation Reuters

Attacks on ships by the Yemeni rebels have slowed but not stopped Red Sea oil shipments

Morning Bid: Oil batters bonds as AI burns cash Reuters

Brent hovers above $100/bbl, set for weekly rise on Middle East escalation Reuters

Morning Bid: Oil batters bonds as AI burns cash Reuters

Chinese buyers are snapping up Russia’s flagship ESPO crude weeks earlier than usual, as heightened risks to Middle East oil flows prompt refiners to secure supplies before they’re needed.

FTSE 100 Live: UK Stocks Lag Europe as Oil Stocks Drag

Add a month at sea and $2.5 million - what it costs oil tankers to flee Hormuz and Bab el-Mandeb Reuters

An uptick in Asian and European demand for US crude is among the first signs of mounting concerns over adequate oil supplies amid multiplying geopolitical flashpoints.