A series of attacks carried out by Yemen's Houthis using ballistic missiles and drones wounded 13 civilians in southern Saudi Arabia on Tuesday. Meanwhile the US Defence Department's inspector general revealed that the United States is facing a shortfall in ammunition as a result of its costly war in Iran. Follow our liveblog for the latest updates.
Alistair Burt speaks candidly about difficulties of tackling complex cases as families express concern over mandate The special envoy for British citizens detained overseas has spoken about the difficulties he faces in his new role, as families express concern over the position’s mandate in complex consular cases. In his first public engagement, Alistair Burt , the former Conservative Middle East minister, spoke candidly about the difficulties and limitations of the new appointment, made following years of mounting criticism of how the Foreign Office handled the cases of British citizens detained overseas. Continue reading...
The Guardian•Geneva Abdul14 Sept
Record high diesel prices hit U.S. drivers as new attacks raise concerns about key global shipping routes.
ABC News14 Sept
Rising Middle East tensions could lead to sustained high oil prices, impacting global markets and economic stability if conflicts persist.
CryptoBriefing•Estefano Gomez14 Sept
Brent crude has risen above $100 a barrel as war in Iran disrupts shipping through the Strait of Hormuz.
Al Jazeera14 SeptEscalating Middle East tensions could lead to sustained global oil price volatility, affecting economic stability and energy market dynamics.
CryptoBriefing•Estefano Gomez14 Sept
WTI Crude Oil did not get one story today, it got several, and they do not all point the same way. Weighed against each other — new against old, and tracking which ones have already faded: +++ Indonesian Rupiah slips due to stronger US Dollar, soaring oil prices +++ Equities: Resilience versus rates and Oil shock – Danske Bank +++ Iran says it destroys U.S. advanced drone over Hormuz as Middle East conflict intensifies 78 stories were weighed in this window; the 3 carrying the most weight are listed. Net read: +++ leaning bullish — top of our scale. What this is: a measure of which way the *news* is leaning right now — not a promise about price. A read being right and a read still being worth taking are two different things: once price has travelled a long way from where the read was published, it is stretched, and a lean that is stretched is a no-chase rather than an invitation. Weight is not fixed either. A fresh headline lands, the balance tips, and the net read can flip inside an hour — that shift is the part worth watching, not the first print. I will post an update under this idea once the market has had time to speak, either way. (Informational only — not financial advice, not a signal.)
The USS George Washington recently replaced the USS Abraham Lincoln in the Middle East, quickly becoming the backbone of the U.S. operation against Iran. Tom Hanson gets an exclusive look onboard the aircraft carrier.
The disconnect between Wall Street expectations and how policies actually played out created the macro whiplash seen across both charts: ]The Trade: What Markets Priced In Late 2024 The Drill Baby Drill Assumption: Consensus expected a supply flood from deregulation and quick federal leasing, crushing crude prices into the dirt around 50 to 60 dollars sustained. The Unstoppable King Dollar: Traders bet broad tariffs and deregulation would spark a roaring domestic boom, forcing the Fed to freeze rate cuts while blowing out foreign competitors, sending DXY vertical. The Reality: What Actually Happened in 2025 and 2026 Sanctions and Geopolitics Trumped Deregulation: Slapping sanctions back onto Russian flows, tightening squeeze points on Venezuelan barrels, and escalating Middle East friction choked physical supply far faster than domestic drillers could ever add rigs. Plus, US producers kept capital discipline rather than reckless overdrilling. Supply tightened, and oil ripped. Aggressive Tariffs Acted as a Drag, Not Pure Dollar Fuel: The sweeping, shifting tariff regime and trade frictions with Canada, Europe, and Asia created massive supply chain uncertainty and weighed on US domestic growth earlier in the year. The Deficit and De Dollarization Friction: Ballooning national debt and unpredictable trade posture pushed several trading partners toward non dollar settlements, taking the steam out of that late 2024 dollar rally and allowing DXY to bleed down toward 98. The Currency Stance Itself: Markets initially forgot that the administration historically expressed frustration with an overly strong dollar making US exports uncompetitive. Wall Street positioned for a low energy, super dollar boom. Instead, physical supply dictated oil, and domestic growth drag capped the greenback until energy inflation recently forced the bond market to wake back up. Touching on the Daily: DXY Looking Noticeably Stronger Now that oil has held near triple digits, the inflation lag is catching up and driving bond yields higher. That is putting a real floor under the dollar. On the daily chart(not shown), TVC:DXY is showing clear signs of bottoming. The red selling pressure on momentum indicators is gone, RSI is curling upward from oversold territory, and price is directly testing the downward trendline near the 100 level. While crude takes a slight breather at the top of its channel, the daily dollar setup looks ready to push. If DXY clears the 100 resistance mark, the feedback loop is back in play: high oil sparks inflation, yields rise, and the dollar follows crude higher. TGtg!
Rising geopolitical tensions and anticipated Fed actions could exacerbate inflationary pressures, impacting global economic stability.
CryptoBriefing•Estefano Gomez14 Sept
Regional instability threatens Dubai's development ambitions, potentially stalling economic growth and impacting future investment confidence.
CryptoBriefing•Estefano Gomez14 SeptGeopolitical tensions may sustain elevated oil prices, impacting global economies and potentially leading to increased energy costs worldwide.
CryptoBriefing•Estefano Gomez14 Sept
The conflict has seen a large increase in flights to countries including Albania, Croatia, Cyprus, Greece, Montenegro, North Macedonia, Serbia and Slovenia as Europeans choose holiday destinations closer to home.
Euronews14 Sept
Brent crude climbed above $108 a barrel on Monday morning after a merchant vessel was struck in the Strait of Hormuz, killing one crew member, and Saudi Arabia shut its main pipeline bypassing the waterway, renewing fears that Middle East supply routes are closing.
Euronews14 SeptRising oil tanker rates due to Middle East tensions could lead to prolonged supply disruptions, impacting global oil prices and market stability.
CryptoBriefing•Estefano Gomez14 Sept
The head of Iran’s Atomic Energy Organisation is not expected to attend the annual gathering of the UN nuclear watchdog’s member nations in Vienna for the first time in years because he is banned from international travel, an official briefed on the matter said. Follow our liveblog for the latest updates.
Rising oil prices amid Middle East tensions could lead to global economic instability and increased energy costs, affecting various sectors.
CryptoBriefing•Estefano Gomez13 Sept
The Middle East’s leading travel and tourism organisations and destinations have been honoured at a VIP gala ceremony in Dubai. Industry leaders gathered at One&Only One Za’abeel to celebrate the winners of World Travel Awards Middle East Gala Ceremony 2026.
Banks including Goldman Sachs, Bank of America, Commerzbank, and HSBC have lifted their Brent crude forecasts due to ongoing Middle East shipping issues in the Strait of Hormuz.
The Daily Hodl•Daily Hodl Agent13 Sept
Yemeni Houthi rebels claimed responsibility on Sunday for an attack on a military base in southern Saudi Arabia as renewed fighting with Yemen's government forces forced growing numbers of civilians to flee. Fighting in western Yemen over the past few weeks has left hundreds dead and displaced tens of thousands of people. Follow our liveblog for the latest updates.