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Houthi militants said on the 9th (local time) they attacked Saudi Aramco’s Jazan refinery with a drone and "successfully hit the target." The group said the strike was in response to Saudi “enemy” drones entering the airspace of Yemen’s Saada and Haj

2026-08-09

Houthi militants said on the 9th (local time) they attacked Saudi Aramco’s Jazan refinery with a drone and "successfully hit the target." The group said the strike was in response to Saudi “enemy” drones entering the airspace of Yemen’s Saada and Hajjah provinces.

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2026-08-09

U.S. Treasury on Friday froze assets of offshore companies tied to Florida oil magnate and Republican donor Harry Sargeant III that participate in Venezuela oil production, sources said, and issued a license allowing the liquidation of his interests

U.S. Treasury on Friday froze assets of offshore companies tied to Florida oil magnate and Republican donor Harry Sargeant III that participate in Venezuela oil production, sources said, and issued a license allowing the liquidation of his interests in those entities. Sargeant has served as a confidential conduit between Washington and Caracas—meeting President Maduro and other senior officials—and used that role to pursue oil deals in Venezuela that most firms avoided due to political risk and sanctions; he also helped secure the 2025 release of a detained U.S. citizen.
2026-08-09

US affairs expert Dmitry Drobnytsky says the Senate's newly passed Russia sanctions bill is likely to go unenforced and become a 'silent law' akin to the Jackson-Vanik amendment. The Senate on Friday overwhelmingly approved a measure, drafted with in

US affairs expert Dmitry Drobnytsky says the Senate's newly passed Russia sanctions bill is likely to go unenforced and become a 'silent law' akin to the Jackson-Vanik amendment. The Senate on Friday overwhelmingly approved a measure, drafted with input from the late Senator Lindsey Graham, that would levy a 100% tariff on the five largest importers of Russian energy resources and a 500% tariff on all US imports from Russia. Drobnytsky said the bill is primarily political signaling, will likely accumulate exemptions to avoid inflicting heavy damage on an already unstable US economy, and shifts punitive pressure from Russian producers and traders onto buyers of Russian energy products.
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