Washington Post: “This is the first day that Iran really started winning the war,” a Yemeni official said of Houthi territorial gains that give Tehran leverage over a second major waterway…
White House weighs how to use Defense Production Act to expand US oil refining capacity
The White House is weighing how to use the Defense Production Act to expand U.S. oil refining capacity as the conflict with Iran exposes the country’s vulnerability to global crude supply disruptions and price spikes, according to two sources familiar with the administration’s plans.
Considering such an extraordinary step highlights how the Trump administration is under growing pressure to show it can contain the impact of surging fuel prices on consumers and businesses ahead of November’s midterm elections…
Gulf Tankers Are Running Out of Ways to Export Oil: ‘These Waters Aren’t Safe’
The world’s most valuable energy corridors are pinching shut.
On Friday, Houthi militants backed by Iran expanded their control of the Red Sea, threatening a critical route for Persian Gulf crude. That left the region with few alternatives, since shipping traffic through the Strait of Hormuz — once the world’s primary oil transit point — remains significantly constrained and far below what it was before the war.
And oil exports from Saudi Arabia, long the most important producer in the Middle East, plunged last month to their lowest point in at least 13 years…
Saudis Shut Down Crucial Pipeline After Drone Attack From Iraq
A drone attack launched from Iraqi territory led Saudi Arabia to shut down a critical oil pipeline on Friday, heightening fears that widening clashes in the region could further disrupt energy supplies. The global price of oil briefly jumped to about $110 a barrel…
Anthropic Says Iran Used Its American AI Model to Target U.S. Navy Warships
An Iranian-linked group compiled information from ship and aircraft transponders, military photographs and commercial satellite photos to track American warships and look for vulnerabilities in their ship-born communications, the report found.
Anthropic said it disrupted the plot by the “threat actor,” which used the advanced AI Claude model…
Houthis Seize a Key Red Sea Island, Threatening Another Global Oil Route
The Iranian-backed Houthi militia seized an island in a choke point of the Red Sea after days of fierce fighting, two Yemeni government officials said Friday, giving Iran and its allies sway over the two main routes for shipping oil out of the Middle East…
Saudi crown prince sought US military help from Trump with Houthis, sources say
Trump held at least two phone conversations with the Saudi leader on Thursday and did not agree to the U.S. striking Houthis, the sources said. Washington told Riyadh that it would help with intelligence sharing and targeting, they added…
UAE revises AI data center plan after Iranian attacks, sources say
The United Arab Emirates is quietly revising plans for a 5-gigawatt AI data center project – one of the biggest outside the U.S. – after the Iran war prompted a rethink of how and where critical infrastructure should be built, six people familiar with the matter told Reuters…