https://peakoil.com Exploring Hydrocarbon Depletion Fri, 18 Sep 2026 12:07:27 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.5 https://peakoil.com/publicpolicy/what-took-hezbollah-20-years-houthis-developed-in-five-saudi-arabia-scrambles-for-air-defenses-as-shanghai-crude-hits-record-129 https://peakoil.com/publicpolicy/what-took-hezbollah-20-years-houthis-developed-in-five-saudi-arabia-scrambles-for-air-defenses-as-shanghai-crude-hits-record-129#respond Fri, 18 Sep 2026 12:07:27 +0000 https://peakoil.com/generalideas/what-took-hezbollah-20-years-houthis-developed-in-five-saudi-arabia-scrambles-for-air-defenses-as-shanghai-crude-hits-record-129 Saudi Arabia’s stockpile of interceptor missiles is running low as fighting with the Houthis continues, and Riyadh has turned to allies in the West and the region for help, the Associated Press reported. Saudi Arabia has asked France, Britain, Pakistan and Egypt to send air defense assistance to help intercept missiles and drones launched at […]]]> https://peakoil.com/publicpolicy/what-took-hezbollah-20-years-houthis-developed-in-five-saudi-arabia-scrambles-for-air-defenses-as-shanghai-crude-hits-record-129/feed 0 https://peakoil.com/publicpolicy/russias-wartime-economy-faces-long-term-erosion-from-debt-and-military-spending https://peakoil.com/publicpolicy/russias-wartime-economy-faces-long-term-erosion-from-debt-and-military-spending#respond Fri, 18 Sep 2026 10:06:56 +0000 https://peakoil.com/generalideas/russias-wartime-economy-faces-long-term-erosion-from-debt-and-military-spending FRANKFURT, Germany — The frictions in Russia’s wartime economy are growing, as massive military spending balloons the budget deficit. Consumers and businesses are gloomier. Growth has slowed. None of that, however, signals an imminent financial crisis or economic collapse, economists say. With crucial oil export revenues holding up due to high prices from the Iran […]]]> https://peakoil.com/publicpolicy/russias-wartime-economy-faces-long-term-erosion-from-debt-and-military-spending/feed 0 https://peakoil.com/consumption/qatar-lng-shock-raises-winter-bill-fears-gas-prices-at-near-4-year-high https://peakoil.com/consumption/qatar-lng-shock-raises-winter-bill-fears-gas-prices-at-near-4-year-high#respond Fri, 18 Sep 2026 08:08:47 +0000 https://peakoil.com/generalideas/qatar-lng-shock-raises-winter-bill-fears-gas-prices-at-near-4-year-high A prolonged disruption to Qatar’s liquefied natural gas (LNG) exports after war damage to its main production facility is pushing Northeast Asian natural gas prices to their highest level in nearly four years, raising the prospect of higher electricity and heating costs in Korea this winter. The November futures contract for Japan Korea Marker (JKM), […]]]> https://peakoil.com/consumption/qatar-lng-shock-raises-winter-bill-fears-gas-prices-at-near-4-year-high/feed 0 https://peakoil.com/generalideas/seminar-on-future-of-lng-in-asia-in-light-of-iran-war https://peakoil.com/generalideas/seminar-on-future-of-lng-in-asia-in-light-of-iran-war#respond Fri, 18 Sep 2026 06:07:52 +0000 https://peakoil.com/generalideas/seminar-on-future-of-lng-in-asia-in-light-of-iran-war The growing instability in the Gulf region means that policymakers, companies, and investors now have to reconsider plans they made based on the premise that the supply and price disruption caused by the war in Iran was temporary. The expansion of the closures to the Red Sea, the shutdown of a major Saudi pipeline, and […]]]> https://peakoil.com/generalideas/seminar-on-future-of-lng-in-asia-in-light-of-iran-war/feed 0 https://peakoil.com/publicpolicy/china-faces-oil-challenge-as-prices-soar-and-supply-options-narrow https://peakoil.com/publicpolicy/china-faces-oil-challenge-as-prices-soar-and-supply-options-narrow#respond Fri, 18 Sep 2026 04:06:44 +0000 https://peakoil.com/generalideas/china-faces-oil-challenge-as-prices-soar-and-supply-options-narrow Oil prices in China have surged to record highs amid mounting disruptions to exports from the Middle East, as Beijing faces an increasingly difficult balancing act between securing its own energy supplies and preventing global oil prices from climbing even higher. Saudi Arabia has been forced to shut a key pipeline that had become an […]]]> https://peakoil.com/publicpolicy/china-faces-oil-challenge-as-prices-soar-and-supply-options-narrow/feed 0 https://peakoil.com/generalideas/jp-morgan-says-it-has-no-clear-oil-market-endgame-as-iran-conflict-drags-on https://peakoil.com/generalideas/jp-morgan-says-it-has-no-clear-oil-market-endgame-as-iran-conflict-drags-on#respond Fri, 18 Sep 2026 00:06:51 +0000 https://peakoil.com/generalideas/jp-morgan-says-it-has-no-clear-oil-market-endgame-as-iran-conflict-drags-on Sept 17 (Reuters) – JP Morgan said on Thursday that it does not have a clear baseline view for oil markets for the first time since the start of the US-Israeli war on Iran. “We simply don’t know how to model the endgame,” analysts at the bank noted. The note flagged that at the beginning […]]]> https://peakoil.com/generalideas/jp-morgan-says-it-has-no-clear-oil-market-endgame-as-iran-conflict-drags-on/feed 0 https://peakoil.com/consumption/michigan-gas-prices-near-5-a-gallon-as-iran-war-threatens-more-pump-pain https://peakoil.com/consumption/michigan-gas-prices-near-5-a-gallon-as-iran-war-threatens-more-pump-pain#respond Thu, 17 Sep 2026 22:06:45 +0000 https://peakoil.com/generalideas/michigan-gas-prices-near-5-a-gallon-as-iran-war-threatens-more-pump-pain Gas prices surged across Michigan on Sept. 16 with some stations charging nearly $5 per gallon while the fallout from the U.S.-led war on Iran could drive prices at the pump higher yet, analysts warned. AAA-The Auto Club said the average price of diesel fuel set a new record on Sept. 16 at $6.34 a […]]]> https://peakoil.com/consumption/michigan-gas-prices-near-5-a-gallon-as-iran-war-threatens-more-pump-pain/feed 0 https://peakoil.com/publicpolicy/russia-cuts-off-gas-to-armenia-days-after-diversification-announcement https://peakoil.com/publicpolicy/russia-cuts-off-gas-to-armenia-days-after-diversification-announcement#respond Thu, 17 Sep 2026 20:07:55 +0000 https://peakoil.com/generalideas/russia-cuts-off-gas-to-armenia-days-after-diversification-announcement By Eurasianet – Sep 17, 2026. Gazprom Armenia suspended Russian gas deliveries from September 15 to 25 for what it describes as scheduled pipeline maintenance, with reserves and additional Iranian gas covering demand. Pashinyan says Armenia intends to diversify its gas suppliers rather than remain heavily dependent on Russia, which supplied roughly 82% of Armenian […]]]> https://peakoil.com/publicpolicy/russia-cuts-off-gas-to-armenia-days-after-diversification-announcement/feed 0 https://peakoil.com/production/oil-supply-fears-ease-on-saudi-workaround-via-oman https://peakoil.com/production/oil-supply-fears-ease-on-saudi-workaround-via-oman#respond Thu, 17 Sep 2026 18:07:00 +0000 https://peakoil.com/generalideas/oil-supply-fears-ease-on-saudi-workaround-via-oman Oil prices continued to decline in early trading on Thursday after Saudi Arabia was reportedly supplying crude through Oman, easing fears of potential global supply disruptions. Brent crude futures fell 1.2 percent to $104.59 a barrel by 01:00 GMT, while US West Texas Intermediate futures slipped 1.1 percent to $101.29. Both benchmarks fell nearly $3 […]]]> https://peakoil.com/production/oil-supply-fears-ease-on-saudi-workaround-via-oman/feed 0 https://peakoil.com/consumption/oil-above-100-pushes-u-s-fuel-prices-to-new-records https://peakoil.com/consumption/oil-above-100-pushes-u-s-fuel-prices-to-new-records#respond Thu, 17 Sep 2026 16:07:44 +0000 https://peakoil.com/?p=102591 Oil markets appear to have reached the inflection point that many analysts had predicted weeks ago as the Middle East conflict re-escalated with no diplomatic push in sight and global inventories continue to slump. Oil prices are back above $100 per barrel, lifting diesel and gasoline prices, including in the United States. The Trump Administration […]]]> https://peakoil.com/consumption/oil-above-100-pushes-u-s-fuel-prices-to-new-records/feed 0 https://peakoil.com/production/saudi-pipeline-outage-exposes-limits-of-supply-optionality https://peakoil.com/production/saudi-pipeline-outage-exposes-limits-of-supply-optionality#respond Thu, 17 Sep 2026 14:06:56 +0000 https://peakoil.com/generalideas/saudi-pipeline-outage-exposes-limits-of-supply-optionality The damage to Saudi Arabia’s East-West pipeline “exposes [the] limits of supply optionality” and “materially raises the near-term risk to crude exports”, Emily Ashford, Standard Chartered Bank Energy Research Head, outlined in a report sent to Rigzone on Tuesday. Ashford, who highlighted that the “key bypass route to Yanbu [is] now expected to remain largely […]]]> https://peakoil.com/production/saudi-pipeline-outage-exposes-limits-of-supply-optionality/feed 0 https://peakoil.com/consumption/europe-bets-on-mild-winter-when-it-should-be-cutting-gas-demand https://peakoil.com/consumption/europe-bets-on-mild-winter-when-it-should-be-cutting-gas-demand#respond Thu, 17 Sep 2026 12:07:39 +0000 https://peakoil.com/generalideas/europe-bets-on-mild-winter-when-it-should-be-cutting-gas-demand Europe is approaching winter with high gas prices, escalating conflicts disrupting supply and gas storage at the lowest level for this time of year since records began in 2011. Compounding these challenges are intense competition with Asian buyers for liquefied natural gas (LNG) cargoes and doubts about how El Niño will impact the weather. Europe […]]]> https://peakoil.com/consumption/europe-bets-on-mild-winter-when-it-should-be-cutting-gas-demand/feed 0 https://peakoil.com/publicpolicy/india-pushes-back-as-us-readies-new-russian-oil-sanctions https://peakoil.com/publicpolicy/india-pushes-back-as-us-readies-new-russian-oil-sanctions#respond Thu, 17 Sep 2026 10:07:44 +0000 https://peakoil.com/generalideas/india-pushes-back-as-us-readies-new-russian-oil-sanctions India warned that a US bill allowing President Donald Trump to impose tariffs of as much as 100 percent on top buyers of Russian oil could hurt ties between New Delhi and Washington and disrupt global energy markets. The US Congress gave final approval Wednesday to the sweeping sanctions bill, which now goes to Trump […]]]> https://peakoil.com/publicpolicy/india-pushes-back-as-us-readies-new-russian-oil-sanctions/feed 0 https://peakoil.com/production/oil-prices-fall-after-u-s-says-damaged-saudi-pipeline-will-restart-operations-in-days https://peakoil.com/production/oil-prices-fall-after-u-s-says-damaged-saudi-pipeline-will-restart-operations-in-days#respond Thu, 17 Sep 2026 08:06:51 +0000 https://peakoil.com/generalideas/oil-prices-fall-after-u-s-says-damaged-saudi-pipeline-will-restart-operations-in-days Crude oil prices dropped Wednesday as the Trump administration tried to reassure the market that Saudi Arabia's damaged East-West pipeline will restart operations in days. U.S. West Texas Intermediate futures shed 3.2% to close at $102.43 per barrel. Brent crude, the international benchmark, lost 2.7% to settle at $105.83 per barrel. Prices have rallied more […]]]> https://peakoil.com/production/oil-prices-fall-after-u-s-says-damaged-saudi-pipeline-will-restart-operations-in-days/feed 0 https://peakoil.com/consumption/ghanas-bost-cuts-fuel-exports-to-burkina-faso-and-mali-to-protect-local-supply https://peakoil.com/consumption/ghanas-bost-cuts-fuel-exports-to-burkina-faso-and-mali-to-protect-local-supply#respond Thu, 17 Sep 2026 06:08:41 +0000 https://peakoil.com/generalideas/ghanas-bost-cuts-fuel-exports-to-burkina-faso-and-mali-to-protect-local-supply Ghana's state-owned fuel distributor BOST Energies has cut diesel and gasoline exports to neighbouring Burkina Faso and Mali since August, prioritising domestic demand, Managing Director Afetsi Awoonor said on Wednesday. Conflict in Ukraine and the Middle East has tightened oil and gas supplies globally, driving fuel prices to record highs in some countries ahead of […]]]> https://peakoil.com/consumption/ghanas-bost-cuts-fuel-exports-to-burkina-faso-and-mali-to-protect-local-supply/feed 0 https://peakoil.com/production/export-constraints-curb-kazakhstans-ability-to-offset-the-global-oil-shortage https://peakoil.com/production/export-constraints-curb-kazakhstans-ability-to-offset-the-global-oil-shortage#comments Thu, 17 Sep 2026 04:06:54 +0000 https://peakoil.com/generalideas/export-constraints-curb-kazakhstans-ability-to-offset-the-global-oil-shortage Kazakhstan, which has major oil reserves, is not in a position to help offset a looming energy crisis by expanding production, industry analysts say. With the Strait of Hormuz blocked, Russia sanctioned and Saudi Arabia’s East-West pipeline knocked out of action by Iranian drones, experts are predicting a spike in energy prices. The Saudi pipeline […]]]> https://peakoil.com/production/export-constraints-curb-kazakhstans-ability-to-offset-the-global-oil-shortage/feed 1 https://peakoil.com/production/shale-oil-now-makes-up-72-of-argentinas-crude-output-data-shows https://peakoil.com/production/shale-oil-now-makes-up-72-of-argentinas-crude-output-data-shows#respond Thu, 17 Sep 2026 02:07:25 +0000 https://peakoil.com/generalideas/shale-oil-now-makes-up-72-of-argentinas-crude-output-data-shows Argentina’s oil production hit a record 902,920 barrels per day in July 2026, almost 1% above June and 12% higher than a year earlier, marking the country’s highest oil production on record. Natural gas production slipped 0.5% month over month and 1.6% year over year in July to average 5.6 billion cubic feet per day, […]]]> https://peakoil.com/production/shale-oil-now-makes-up-72-of-argentinas-crude-output-data-shows/feed 0 https://peakoil.com/consumption/diesel-surge-leaves-analyst-speechless-as-7-gallon-comes-into-view-says-ukraine-strikes-tighten-supply https://peakoil.com/consumption/diesel-surge-leaves-analyst-speechless-as-7-gallon-comes-into-view-says-ukraine-strikes-tighten-supply#respond Thu, 17 Sep 2026 00:05:47 +0000 https://peakoil.com/generalideas/diesel-surge-leaves-analyst-speechless-as-7-gallon-comes-into-view-says-ukraine-strikes-tighten-supply As diesel prices continue to spike, GasBuddy analyst Patrick De Haan thinks the national average price may hit $7/gallon soon enough if recent trends continue. In a post on X on Tuesday, De Haan expressed concern about rising diesel costs. He said that he was “speechless” as the possibility of $7/gallon diesel was close to […]]]> https://peakoil.com/consumption/diesel-surge-leaves-analyst-speechless-as-7-gallon-comes-into-view-says-ukraine-strikes-tighten-supply/feed 0 https://peakoil.com/publicpolicy/coast-guard-fbi-investigating-after-2-oil-tankers-bound-for-us-hit-with-cyberattacks-sources https://peakoil.com/publicpolicy/coast-guard-fbi-investigating-after-2-oil-tankers-bound-for-us-hit-with-cyberattacks-sources#respond Wed, 16 Sep 2026 22:05:55 +0000 https://peakoil.com/generalideas/coast-guard-fbi-investigating-after-2-oil-tankers-bound-for-us-hit-with-cyberattacks-sources The Coast Guard and FBI are investigating after two oil tankers bound for the U.S. were hit with suspected cyberattacks last month, prompting American authorities to launch investigations into both incidents, sources told ABC News. On Aug. 21, one of the tankers, described as a “foreign-flagged commercial vessel” was boarded by a “highly specialized team” […]]]> https://peakoil.com/publicpolicy/coast-guard-fbi-investigating-after-2-oil-tankers-bound-for-us-hit-with-cyberattacks-sources/feed 0 https://peakoil.com/consumption/analysis-global-fossil-fuel-emissions-set-to-fall-in-2026-amid-hormuz-crisis https://peakoil.com/consumption/analysis-global-fossil-fuel-emissions-set-to-fall-in-2026-amid-hormuz-crisis#respond Wed, 16 Sep 2026 20:06:04 +0000 https://peakoil.com/generalideas/analysis-global-fossil-fuel-emissions-set-to-fall-in-2026-amid-hormuz-crisis Global fossil-fuel emissions are set to fall by around 0.5% in 2026 amid the fallout from the Hormuz crisis, according to Carbon Brief analysis. The US-Iran war has severely disrupted trade through the strait of Hormuz, causing a spike in oil and gas prices that continues to ripple around the global economy. Each month of […]]]> https://peakoil.com/consumption/analysis-global-fossil-fuel-emissions-set-to-fall-in-2026-amid-hormuz-crisis/feed 0 https://peakoil.com/production/saudi-oil-crisis-deepens-as-aramco-suspends-yanbu-loadings https://peakoil.com/production/saudi-oil-crisis-deepens-as-aramco-suspends-yanbu-loadings#respond Wed, 16 Sep 2026 18:06:18 +0000 https://peakoil.com/generalideas/saudi-oil-crisis-deepens-as-aramco-suspends-yanbu-loadings First, there were Thursday rumours about strikes impacting Saudi Arabia’s East-West pipeline and flumes visible from satellite imagery. Then, just after the London closure of markets, Saudi Arabia announced Friday that it had halted pipeline transportation via its key Hormuz bypass, stoking fears of long-term damage to its midstream infrastructure. The vicious cycle of bad […]]]> https://peakoil.com/production/saudi-oil-crisis-deepens-as-aramco-suspends-yanbu-loadings/feed 0 https://peakoil.com/consumption/iran-war-triggers-historic-oil-demand-wipeout-plunge-ranks-as-second-worst-in-60-years https://peakoil.com/consumption/iran-war-triggers-historic-oil-demand-wipeout-plunge-ranks-as-second-worst-in-60-years#respond Wed, 16 Sep 2026 16:07:14 +0000 https://peakoil.com/generalideas/iran-war-triggers-historic-oil-demand-wipeout-plunge-ranks-as-second-worst-in-60-years The IEA has revised its 2026 oil demand outlook by more than 3 million barrels per day in just eight months, and the agency now warns the worst may still be ahead if Strait of Hormuz traffic fails to resume. The International Energy Agency just made the call that reframes the entire 2026 oil market. […]]]> https://peakoil.com/consumption/iran-war-triggers-historic-oil-demand-wipeout-plunge-ranks-as-second-worst-in-60-years/feed 0 https://peakoil.com/production/may-world-oil-production-at-post-war-low https://peakoil.com/production/may-world-oil-production-at-post-war-low#respond Wed, 16 Sep 2026 14:06:33 +0000 https://peakoil.com/generalideas/may-world-oil-production-at-post-war-low By Ovi. The focus of this post is an overview of World oil production along with a more detailed review of the top 10 Non-OPEC oil producing countries. OPEC oil production is covered in a separate post. Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to 'oil', for […]]]> https://peakoil.com/production/may-world-oil-production-at-post-war-low/feed 0 https://peakoil.com/production/hormuz-risk-opens-40-plus-price-gap-between-crude-grades https://peakoil.com/production/hormuz-risk-opens-40-plus-price-gap-between-crude-grades#respond Wed, 16 Sep 2026 12:07:20 +0000 https://peakoil.com/generalideas/hormuz-risk-opens-40-plus-price-gap-between-crude-grades A huge price gap has opened between Gulf crude and oil outside Hormuz, with Iraqi Basrah Medium offered at a $43 discount to Murban as tanker traffic through the strait remains severely restricted. Crude that avoids Hormuz is commanding extraordinary premiums, with Australian Pyrenees reaching $138 per barrel and Russia’s ESPO recently trading as much […]]]> https://peakoil.com/production/hormuz-risk-opens-40-plus-price-gap-between-crude-grades/feed 0 https://peakoil.com/production/hormuz-shipping-traffic-remains-stuck-in-single-digits https://peakoil.com/production/hormuz-shipping-traffic-remains-stuck-in-single-digits#respond Wed, 16 Sep 2026 10:06:45 +0000 https://peakoil.com/generalideas/hormuz-shipping-traffic-remains-stuck-in-single-digits Tanker traffic in the Strait of Hormuz remains a fraction of pre-war levels, with four vessels traversing the waterway on Tuesday, down from seven the previous day, Reuters has reported, citing ship-tracking data. The data does not include tankers that have turned off their geolocation devices, the publication noted. Meanwhile, Windward reported just one tanker […]]]> https://peakoil.com/production/hormuz-shipping-traffic-remains-stuck-in-single-digits/feed 0 https://peakoil.com/publicpolicy/the-red-sea-is-the-most-important-new-risk-as-gulf-oil-bypasses-come-under-fire https://peakoil.com/publicpolicy/the-red-sea-is-the-most-important-new-risk-as-gulf-oil-bypasses-come-under-fire#respond Wed, 16 Sep 2026 08:06:58 +0000 https://peakoil.com/generalideas/the-red-sea-is-the-most-important-new-risk-as-gulf-oil-bypasses-come-under-fire Attacks affecting Saudi Arabia’s East-West Pipeline and insecurity around Bab el Mandeb are weakening alternatives designed to keep crude moving when Hormuz is disrupted The renewed confrontation between Washington and Tehran is increasingly being fought not only through military pressure but through the energy market, where disruptions to Gulf exports are pushing oil prices higher, […]]]> https://peakoil.com/publicpolicy/the-red-sea-is-the-most-important-new-risk-as-gulf-oil-bypasses-come-under-fire/feed 0 https://peakoil.com/production/saudi-pipeline-outage-hits-an-oil-market-running-out-of-buffers https://peakoil.com/production/saudi-pipeline-outage-hits-an-oil-market-running-out-of-buffers#respond Wed, 16 Sep 2026 06:07:51 +0000 https://peakoil.com/generalideas/saudi-pipeline-outage-hits-an-oil-market-running-out-of-buffers The war in Iran that had to be over and won by the United States in about six weeks is now in its seventh month and the oil markets are starting to crack. Gone are most of the cushions the market had in the early weeks and months of the Middle East conflict. The oversupply […]]]> https://peakoil.com/production/saudi-pipeline-outage-hits-an-oil-market-running-out-of-buffers/feed 0 https://peakoil.com/consumption/benchmark-us-government-bond-yield-hits-19-year-peak-as-oil-prices-surge https://peakoil.com/consumption/benchmark-us-government-bond-yield-hits-19-year-peak-as-oil-prices-surge#respond Wed, 16 Sep 2026 04:06:21 +0000 https://peakoil.com/generalideas/benchmark-us-government-bond-yield-hits-19-year-peak-as-oil-prices-surge The benchmark United States government bond rate has climbed to its highest level in 19 years as traders bet on a Federal Reserve interest rate hike following a new rise in oil prices. On Tuesday, the 10-year US Treasury yield hit 5.02 percent, a level unseen since the 2007 global financial crisis. The 10-year Treasury […]]]> https://peakoil.com/consumption/benchmark-us-government-bond-yield-hits-19-year-peak-as-oil-prices-surge/feed 0 https://peakoil.com/publicpolicy/iran-gives-trump-talks-ultimatum-as-houthis-say-strait-access-free-for-all-except-saudi-arabia https://peakoil.com/publicpolicy/iran-gives-trump-talks-ultimatum-as-houthis-say-strait-access-free-for-all-except-saudi-arabia#respond Wed, 16 Sep 2026 02:07:22 +0000 https://peakoil.com/generalideas/iran-gives-trump-talks-ultimatum-as-houthis-say-strait-access-free-for-all-except-saudi-arabia Iran has responded after Donald Trump again insisted it “badly” wants a deal to end the war. A representative for Iran’s supreme leader warned the US “won’t stop what’s coming” as he said there would be no peace talks until Tehran’s conditions are met. The Houthis said the Bab el Mandeb strait – an alternative […]]]> https://peakoil.com/publicpolicy/iran-gives-trump-talks-ultimatum-as-houthis-say-strait-access-free-for-all-except-saudi-arabia/feed 0 https://peakoil.com/production/houthis-seize-more-key-islands-in-southern-red-sea-tighten-grip-on-oil-shipping-routes-as-saudi-pipeline-countdown-runs https://peakoil.com/production/houthis-seize-more-key-islands-in-southern-red-sea-tighten-grip-on-oil-shipping-routes-as-saudi-pipeline-countdown-runs#respond Wed, 16 Sep 2026 00:06:54 +0000 https://peakoil.com/generalideas/houthis-seize-more-key-islands-in-southern-red-sea-tighten-grip-on-oil-shipping-routes-as-saudi-pipeline-countdown-runs Yemen’s Iran-backed Houthi rebels captured more strategic islands in the southern Red Sea, government and Houthi officials said Monday, strengthening their control of a major maritime shipping route. The capture of the islands of Greater and Lesser Hanish is the latest in the rebels’ swift advance around the Bab al-Mandeb Strait, a key passage for […]]]> https://peakoil.com/production/houthis-seize-more-key-islands-in-southern-red-sea-tighten-grip-on-oil-shipping-routes-as-saudi-pipeline-countdown-runs/feed 0