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WTI crude oil futures rose above $103 per barrel, up 1.09% on the day.

2026-09-15

WTI crude oil futures rose above $103 per barrel, up 1.09% on the day.

Other News
2026-09-14

According to Saudi media Alhadath, Iraq and France have signed an agreement to purchase French military equipment to "upgrade Iraq's defense capabilities."

According to Saudi media Alhadath, Iraq and France have signed an agreement to purchase French military equipment to "upgrade Iraq's defense capabilities."
2026-09-14

Scholar Sultan Barakat argues that the speed of the Houthi advance along the Red Sea coast has altered the strategic landscape. After capturing Mocha, the Houthis moved into Dhubab and reached Perim Island, located at the narrowest point of the Bab e

Scholar Sultan Barakat argues that the speed of the Houthi advance along the Red Sea coast has altered the strategic landscape. After capturing Mocha, the Houthis moved into Dhubab and reached Perim Island, located at the narrowest point of the Bab el-Mandeb Strait. These are far from insignificant tactical gains; they have given the group unprecedented leverage to control one of the world's most important maritime routes. This latest escalation in Yemen is not merely another chapter in its long civil war, nor simply an escalation of Iranian actions against Gulf states, particularly Saudi Arabia. It is a struggle for control of Yemen, a renewed confrontation between the Houthis and Saudi Arabia, and yet another front in a larger war involving Iran, Israel, and the United States. Multiple factors have contributed to this escalation, including a misjudgment of the balance of power in Yemen, the Houthis' desire for a more favorable negotiating position, and the spillover effects of the Iranian war.
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