ANALYSIS
‘Hostile, but hooked’: What’s behind the US-China trade truce extension?
Some analysts say extending the truce is pure optics – others say it’s a useful step towards a more durable deal.
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EXPLAINER
US tariffs against Russian oil buyers pass: What it means for China, India
US sanctions aim to weaken Russian oil exports, heavily targeting China and India as Moscow’s largest energy buyers.
EXPLAINER
Trump claims direct talks with Iran: Is diplomacy picking up again?
The US president says Washington is ‘hopefully toward the end’ of Iran war, as global energy prices remain high.
From Yanbu to Sohar: Tracking Saudi Arabia’s alternative oil routes
The world’s second-largest crude exporter is rerouting crude via dark shipments and ship-to-ship transfers off Oman.
US military claims Strait of Hormuz remains open amid ongoing blockade
The comments from a US CENTCOM spokesperson come amid continued tensions over shipping through the vital waterway.
EXPLAINER
Iran war has cost the US $38bn: How will it impact US economy, politics?
High energy costs at the pump and strategic setback for US in the Iran war will likely cost Trump in the midterms.
Saudi Arabia faces high-stakes choices as war with Houthis escalates
Riyadh has several military options, say analysts, but all of them carry risks, too.
EXPLAINER
Why Saudi Arabia’s East-West pipeline matters for global oil
The 1,200km (745-mile) pipeline has been temporarily closed, affecting up to 5 percent of global oil supply.
EXPLAINER
US says it’s clearing Hormuz traffic: Why are oil futures beyond $100?
Brent crude crosses $107 as Hormuz disruptions and Saudi pipeline shutdown threaten global oil supply.
EXPLAINER
Saudi Arabia shuts critical oil pipeline after drone attack: What it means
Baghdad launches investigation, closes border after confirming strike came from Iraqi territory.
Rising petrol costs drive sharp inflation increase in US in August
Petrol prices jumped 3.9 percent month-to-month, accounting for one-third of the overall inflation increase in August.
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