Oil hits near six-month high as Houthi attacks rattle Saudi Arabia
Brent crude futures (December) were trading about 3.2% higher than their previous close at $112.35 per barrel on Thursday afternoon
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Brent crude futures (December) were trading about 3.2% higher than their previous close at $112.35 per barrel on Thursday afternoon
The US State Department ordered the departure of non-emergency personnel and their families from Saudi Arabia amid escalating Houthi attacks on the kingdom. The latest strikes killed three people in two attacks on an Aramco oil field and an airport in Saudi Arabia's Eastern Province. Hasan Alhasan, Senior Fellow for Middle East Policy at the International Institute for Strategic Studies spoke to Bloombergโs Abeer Abu Omar on Horizons Middle East & Africa. (Source: Bloomberg)
The warning to US officials comes as at least three people die in the latest strikes at an airport and an oil field.
British Typhoon jets will carry out defensive missions to protect Saudi Arabia from escalating Houthi attacks.
The Ministry of Defence says the jets will not be used to attack the Iran-backed group.
Saudi Arabia has postponed its flagship conference, the Future Investment Initiative (FII), to 2027. The decision follows multiple attacks on the kingdom in recent days. Bloomberg's Onur Ant reports. (Source: Bloomberg)
Riyadh postpones flagship investment conference until 2027, orders government staff to work from home.
Iran has denied any involvement in an escalation of attacks by Houthi rebels on Saudi targets. The international airport in Yemenโs interim capital Aden was struck by two missiles late on Friday, the second such incident in less than two weeks.
Asian Cup preparations continue for January, but Asian Tour delays golf's Saudi Invitational after Houthi attacks.
Several major sporting events in Saudi Arabia have been cancelled or postponed as a result of repeated deadly attacks from Iran-backed Houthi rebels against the Kingdom's airports and infrastructure. FRANCE 24's Mark Owen speaks with Guy Barton, Visiting Fellow at Lancaster University and co-creator and co-host of The FootPol Podcast.
The tournament is scheduled to begin on January 7 but could be moved by a year if needed, AFC president says.
Muslim pilgrims headed to Mecca for Umrah are facing travel disruptions as Houthi attacks hit Saudi Arabia.
The Six Kings Slam exhibition tournament has been pushed from October to December by Saudi organisers.
Saudi Pro League postpones three matches after Houthi attacks, including one involving Cristiano Ronaldo's Al Nassr.
Saudi Aramcoโs headquarters in Dhahran in eastern Saudi Arabia was hit during a missile attack by Yemenโs Houthi militants on Tuesday that caused a fire in a part of the complex, according to people with knowledge of the matter.
Chinese-Pakistani fighter jets and a China-made air-defence system reportedly deployed to Saudi Arabia could be brought into action following Pakistanโs renewed pledge to defend the kingdom after deadly Houthi attacks on Riyadh. Pakistani Prime Minister Shehbaz Sharif said on Sunday that Islamabad would cooperate with Riyadh โin every possible wayโ under their defence agreements, after Houthi strikes on the Saudi capitalโs main airport the previous day killed at least 13 people and wounded...
It comes after the armed group hit Riyadh's international airport and another facility, killing 13 people, in a significant escalation.
Saudi Arabia's civil aviation body extended the suspension of operations at Riyadh's international airport Monday following a series of deadly attacks by Yemen's Iran-aligned Houthi rebels over the weekend. The statement announcing the decision did not specify when operations would resume. Follow our liveblog for the latest developments.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Saudi authorities said Wednesday three people were killed and 36 wounded in attacks on Abha and Riyadhโs King Khalid international airports claimed by Yemenโs Iran-backed Houthis. The Saudi-led coalition said it destroyed the ballistic missile launch platform used to attack Riyadh, as fighting with the Houthis intensified across the region.
Turkiye, Saudi Arabia and Pakistan have agreed to trigger collective deterrence measures in response to Houthi attacks.
Just a month after Saudi Arabia signed a regional mutual defence deal with Pakistan and Turkey, attacks by Yemenโs Houthis against the kingdomโs energy infrastructure and military sites are testing the pactโs limits. At a hastily convened meeting of the Mecca Joint Defence Agreement in Riyadh on Friday, military chiefs of the three parties reaffirmed their commitment to collective defence, according to the Saudi Press Agency. The agency said the talks focused on โintelligence cooperation,...
France is sending military to protect key Yanbu oil terminal; Pakistan and Turkiye to hold military talks with Riyadh.
Government forces say dozens of Houthis killed in southwestern governorate during battles for strategic highlands.