Houthi attacks on Saudi oil routes deepen Red Sea war risks
Why it matters: The strikes hit Saudi export routes as Hormuz traffic remains near a halt, tightening pressure on global oil supply.
Why it matters: The strikes hit Saudi export routes as Hormuz traffic remains near a halt, tightening pressure on global oil supply.
The deal could open the door to uranium enrichment facilities in Saudi and would take effect without US congressional approval.
Why it matters: The attacks added pressure to oil routes through Bab el-Mandeb as Hormuz traffic was already near a halt.
Why it matters: Israeli officials fear the deal could speed a regional arms race if Riyadh gains a civilian nuclear program.
Why it matters: Disruption at Hormuz and Bab el-Mandeb now threatens roughly a quarter of global oil supply.
Why it matters: A threat to Bab el-Mandeb, alongside disruption in the Strait of Hormuz, could squeeze oil exports and global trade routes.
What's new: Only three commodity vessels crossed Tuesday, while Brent crude climbed above $100 as Red Sea tanker attacks added pressure.
Why it matters: Higher oil is pushing up gasoline, shipping and grocery costs, while an AI-led tech selloff erased nearly $800 billion in one day.
Why it matters: Higher energy prices are reviving inflation fears, pushing the 10-year Treasury yield above 4.7% and pressuring equities.
Why it matters: Bab el-Mandeb carried 7.4 million barrels a day in June, making it a key fallback route after Hormuz disruptions.
The attacks raise energy and trade risks as Bab al-Mandab faces tighter pressure after six ships were earlier forced to divert.
Why it matters: Higher fuel costs are pushing US gasoline back above $4 a gallon and could complicate central banks' inflation fight.
Why it matters: Higher oil and bond yields are reviving inflation fears and pushing US gasoline prices back above $4 a gallon.
Why it matters: The attacks pushed Brent crude above $100 and deepened risks to shipping through the Bab el-Mandeb.
Why it matters: Higher fuel costs are pushing US gas above $4 a gallon and raising fresh inflation risks for central banks.
Why it matters: The attacks widened shipping disruption from the Red Sea to Hormuz, pushing Brent to $100.69 and WTI to $92.19.
Why it matters: Rising oil and Treasury yields pushed the S&P 500 toward its biggest drop in a month as traders priced in stagflation risks.
Why it matters: Saudi crude tankers turned back in the Red Sea, raising shipping costs as US gasoline hit $4.06 and diesel jumped to $5.13.
Why it matters: Three Saudi crude tankers turned back in the Red Sea, while US gasoline averaged $4.06 and diesel hit $5.13 a gallon.
Why it matters: Higher crude and diesel costs are already lifting US fuel prices, with gasoline averaging $4.06 a gallon and diesel at $5.13.
Why it matters: Brent crude climbed above $94 a barrel as tanker reroutings spread from Hormuz to the Red Sea.
Why it matters: Any disruption at Bab el-Mandeb would add to risks for oil and cargo routes already strained by Houthi attacks.
Why it matters: Near-stalled tanker traffic and Red Sea threats put millions of barrels a day of supply at risk.
Why it matters: The strait carries about 12% of global trade, and Saudi has been routing more oil exports through the Red Sea.
Earlier: Houthi threaten Saudi oil facilities if Riyadh escalatesSeries: Houthi · Saudi Yemen Escalation · 3 chapters since Jul 14Why it matters: tanker reroutings in the Red Sea and blocked Hormuz traffic are tightening fuel supplies from US pumps to Asian crude shipments.
Why it matters: The fighting has pushed Brent above $92 a barrel, disrupted Gulf shipping and raised the risk of a wider regional war.
Why it matters: BlackRock sees the conflict adding about 0.8 percentage points to global headline inflation, with Europe and parts of Asia most exposed.
Why it matters: Traders are weighing higher energy costs against soft US data and the risk of further Federal Reserve tightening.
Why it matters: Brent settled at $88.10 and both crude benchmarks gained about 16% for the week as tanker traffic faced new risks.
Why it matters: Brent settled at $88.10 and WTI at $82.49 as tanker traffic through Hormuz slowed and a Red Sea disruption risk grew.
What's new: Brent settled at $89.22 and U.S. crude at $83.23 after tanker traffic through the Strait of Hormuz fell sharply.
It is the first direct Iranian strike on Saudi territory in four months, following the end of seven nights of U.S. military operations in Iran.
Why it matters: Brent closed at $88.10 and WTI at $82.49, with both benchmarks up about 16% for the week.
Analysts warn two key global energy routes could be disrupted at once, with oil prices potentially surging to US$200 a barrel.
Earlier: Iran readies Houthi threat to Bab el-Mandeb if US hits power gridSeries: Iran · US Iran Military Escalation · 5 chapters since Jul 13Washington also lined up a $484 million C-17 maintenance package for Kuwait as tensions with Iran intensified.
The proposed 2027 BPIH rises to Rp107.34 million per person, with 60 percent covered by BPKH hajj fund returns.
Earlier: DPR approves Rp4 trillion advance for 2027 Hajj servicesSeries: Indonesian Ministry Of Hajj and Umrah · Hajj 2027 Financing · 2 chapters since Jul 14The charge would amount to about US$30 million per supertanker, far above Iran's ad hoc fees of as much as US$2 million a voyage.
Series: United States · Hormuz Blockade · 11 chapters since Jul 9What's new: Brent neared $85 after tanker traffic through the strait fell to a two-month low and missile strikes hit 2 UAE vessels.
The attack would be the first Houthi strike on Saudi Arabia since an informal truce took effect in March 2022.
BPK audit puts the alleged state loss at Rp622 billion over the 2023-2024 additional hajj quota split.
The government will next study shipping, packaging and Saudi rules before Southeast Sulawesi products can enter the hajj supply chain.
Kemenhaj proposes shifting the cost split to 40% paid by pilgrims and 60% from BPKH investment returns.
The move lets charter planes from Saudi Arabia carry passengers into Indonesia, opening access to Middle East tourism markets.
The ministry plans to standardize health istitha'ah checks nationwide after citing post-Armuzna fatigue, alongside pneumonia, as a death risk factor.
114,236 pilgrims and officials have arrived home, while 74,441 others are moving from Makkah to Madinah for the second return phase.
What's next: Uruguay must beat Spain in its final group game, while Cape Verde can reach the last 32 after draws with two former powers.
The bank secured initial approval from SAMA in 2024, with 83 percent of Indonesia’s hajj pilgrims recorded as customers.
Spain now has four points, with two Mikel Oyarzabal goals and one from Lamine Yamal keeping its knockout hopes alive.
New: at least seven drone strikes were launched from near Basra and Samawa between April 20 and May 17, sources said.
Indonesia's score rose three points to 79, matching Arab Saudi and Turki, while Malaysia stayed first at 83.
What's new: The crossings followed the interim US-Iran deal, offering an early test of whether more than 100 trapped tankers can move.
What's new: Trump also said US forces will stay in the Gulf "for a while" after Tehran agreed to end the nearly four-month conflict.
The government aims to prepare 2027 services earlier, from visas and meals to hotel accommodations for pilgrims in Saudi Arabia.
Why it matters: The shock is pushing countries toward coal now and toward renewables, nuclear and new oil suppliers over time.
The new kiswah was made with 825 kg of silk, 60 kg of silver and 120 kg of gold-plated silver thread for a yearlong display.
Arab Saudi earned a valuable point in Group H after taking a 41st-minute lead through Abdulelah Al-Amri.
Why it matters: The holding is now worth roughly half of Kingdom Holding’s market value after SpaceX’s first-day 19% jump.
Why it matters: The draft would ease pressure on Iranian ports and the Strait of Hormuz while leaving nuclear disputes for later talks.
New: The Group B match is an early test of whether Qatar belong at the 2026 World Cup after advancing through a tiebreaker at home.
The cost of obtaining tasreh is put at more than Rp25 million, making much cheaper offers suspicious.
One mukimin named Muhtar has been detained in Saudi Arabia, while other cases involve badal, dam, sacrificial rites and irregular pilgrims.
Romo Muhammad Syafi’i said 2026 hajj services improved, while Arab Saudi asked pilgrims for feedback to refine next season.