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UK to give support to Saudi jets in attempt to counter Houthi fighters

Andy Burnham says he will urge Donald Trump to bring an end to conflict with Iran The UK has agreed to provide defensive air support to Saudi Arabia to help counter Houthi fighters and restore stability in the Middle East while driving down the cost of living at home, Andy Burnham has said, ahead of his first meeting with Donald Trump. The prime minister said he had agreed to a request for air-to-air refuelling of Saudi jets to defend energy infrastructure against the Iran-backed rebels and help keep oil flowing from the Gulf to ease global economic turmoil. Continue reading...

The GuardianThe Guardian•Pippa Crerar in New York21 Sept
  • critical toward Houthis · 82%

Prague Caps Fuel Prices, Taxes Orlen's ‘Windfall’ Refining Margins

The Czech government will reinstate price caps on gasoline and diesel from October 1 and tax refiners on 50% of any margin increase over 2025 levels, Reuters reported Monday, as Saudi Arabia's cut of October crude allocations to Europe compounds pressure from the closed Strait of Hormuz. According to Czech government statements, the price cap sets maximum gasoline and diesel prices daily, calculated as a three-day rolling average of four benchmarks (Orlen Unipetrol, MOL, ?EPRO and Platts quotations) plus a regulated margin of 2.50 crowns per liter…

OilPrice.comOilPrice.com•Charles Kennedy21 Sept

Saudi Crown Prince Mohammed bin Salman conveys condolences on passing of Sheikh Ahmed bin Rashid Al Maktoum

Riyadh: His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, has sent a cable of condolences to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the passing of Sheikh Ahmed bin Rashid Al Maktoum. In the cable, the Saudi Crown Prince said: "We received the news of the passing of your brother, Sheikh Ahmed bin Rashid Al Maktoum, may God have mercy on him, and we extend to Your Highness and to the family of the deceased our deepest condolences and sincere sympathy." He added: "We ask Almighty God to have mercy on him, forgive him, grant him a place in Paradise, and protect you from all harm. Indeed, He is the All-Hearing, the Responsive."

MBMobile Business•SPA21 Sept

Houthis move to seize strategic terrain after Trump calls off airstrikes at last minute

US president reportedly changed his mind over Saudi Arabia’s pleas for assistance as bombs were being loaded Houthi fighters are moving to seize strategic heights in Yemen that would cut the Red Sea coast off from areas held ​by Saudi-backed forces after Donald Trump called off US strikes on the group at the last minute, reportedly as bombs were being loaded on to aircraft. Amid increasingly heavy fighting in Yemen , which has displaced tens of thousands of people in recent weeks, the New York Times reported on Monday that the US president had flip-flopped wildly in recent days after a call from Saudi Arabia for US strikes on the Houthis. Continue reading...

The GuardianThe Guardian•Peter Beaumont Senior international correspondent21 Sept
  • critical toward Donald Trump · 98%

Saudi Arabia Reroutes Oil Exports as Houthi Strikes Target Yanbu

Satellite images gathered by Bloomberg show supertankers with capacity for 14 million barrels at Saudi Arabia's Gulf export terminals over the weekend, the highest tanker count observed since at least June, according to data compiled from the European Union's Sentinel-2 satellite. Overall Hormuz traffic kept falling over the same weekend, nonetheless. Just a dozen commodity vessels crossed the strait, down from 35 a week earlier, and Thursday's crossings totaled four tankers against a 10-day moving average of 16, Kpler data cited by Reuters showed.…

OilPrice.comOilPrice.com•Charles Kennedy21 Sept