ABE NEWS | September 12, 2026 Saudi Arabia has spent decades preparing for a crisis in the Strait of Hormuz. The kingdom knew that concentrating so much of its oil-export infrastructure around one of the world’s narrowest and most politically sensitive waterways created an obvious vulnerability. If tankers could no longer move safely through…
ABE NEWS | September 6, 2026 OPEC+ has decided to keep its oil-production policy unchanged for October, pausing further increases after months of gradually restoring supply while escalating tensions involving Iran continue to disrupt one of the world’s most important energy corridors. The decision was taken Sunday by the group of producers that has been…
ABE NEWS | September 5, 2026 The war between the United States and Iran has entered another dangerous phase. U.S. forces struck three Iranian crude-oil tankers on Saturday after Iran’s Islamic Revolutionary Guard Corps fired ballistic missiles toward two U.S. Navy warships, according to U.S. Central Command. The American vessels — an aircraft carrier…
ABE NEWS | September 1, 2026 Two enormous oil tankers carrying millions of barrels of Saudi crude have been struck by unknown projectiles while attempting to leave the Persian Gulf through the Strait of Hormuz, marking another dangerous escalation around the waterway that sits at the centre of the world’s energy system. The attacks…
ABE NEWS | August 30, 2026 The United States and Iran have exchanged direct military strikes again, abruptly ending weeks of relative restraint and threatening to push the Middle East back into another dangerous phase of a conflict that has already shaken global energy markets and disrupted one of the world’s most important shipping…
ABE NEWS | WEDNESDAY, AUGUST 26, 2026 Oil prices are falling sharply, global markets are breathing a little easier, and one of the most economically important waterways on Earth may finally be moving toward a partial reopening. But beneath Wednesday morning’s optimism lies a much more complicated reality: the Strait of Hormuz remains severely…
ABE NEWS | TUESDAY, AUGUST 25, 2026 | NEWS O’CLOCK For days, Washington had been promising what Treasury Secretary Scott Bessent described as an “economic D-Day” against Iran. Now the first major pieces of that campaign have arrived, and they reveal an American strategy that is both aggressive and surprisingly cautious. The United States…
ABE NEWS | SUNDAY, AUGUST 23, 2026 There is a narrow stretch of water between Iran and Oman that most people will never see. It is only about 33 kilometres wide at its narrowest point. Yet what happens there can influence how much families pay to fill their cars, how much airlines spend on…
ABE NEWS | TUESDAY, AUGUST 18, 2026 Two days ago, the question was: What happens if the Strait of Hormuz stays disrupted? Tuesday morning gave us another part of the answer. A ship has been hit. A crew casualty has been reported. Oil has climbed above $90. Iran says the strait will remain closed…
