RIYADH — Saudi Arabia is planning an offensive against Iran-backed Houthi militants in Yemen, with options being considered including a coastal push to secure the Red Sea shipping route or an assault on multiple fronts, regional and Western officials told Reuters.The operation, expected to be launch...
RIYADH — Saudi Arabia is planning an offensive against Iran-backed Houthi militants in Yemen, with options being considered including a coastal push to secure the Red Sea shipping route or an assault on multiple fronts, regional and Western officials told Reuters.The operation, e…
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Global energy prices have risen in response to military conflicts between the US and Israel against Iran, and Russia against Ukraine. These geopolitical developments have reportedly contributed to increased market volatility and supply chain disruptions.
Reports suggest that the price of Russian natural gas for customers outside the Commonwealth of Independent States may exceed $700 per 1,000 cubic meters during the August through December period. These figures are based on market projections rather than confirmed official tariffs.
A baseline forecast projects that the price of gas supplied to China will reach $247.9 per 1,000 cubic meters in 2026. This figure remains a prediction and is subject to revision based on future market conditions.
US stock futures rose while bond yields and oil prices declined ahead of a scheduled US payrolls report. This move followed a period of significant market volatility, with the recent drop in oil cited as a contributing factor to the current calm trading conditions.