Saudi crown prince seeks Egypt’s backing as Houthi attacks rattle Red Sea oil routes - AP News
Source: AP News
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DW NOTE
With Hormuz shut and Brent at $109, Saudi Arabia needs the Suez open more than Egypt needs Saudi goodwill. MBS isn't seeking backing — he's buying insurance against a second chokepoint closure that would force Saudi crude around Africa at a $3-per-barrel cost penalty.
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Current price of silver as of Tuesday, October 27, 2026 - Fortune
A fire broke out near Saudi Arabia’s key oil export hub of Ras Tanura on the Persian Gulf following an attack early on Tuesday, but the Kingdom quickly contained the fire, an unnamed source familiar with the events told Bloomberg. The extent of the damage was not clear, nor whether the hub was affec
Gold hits ‘the floor’, buyers come to the fore, but at a loss to score - Kitco