{
  "id": 7289068,
  "title": "Brent crude at $107 per barrel following new strikes on Saudi Arabia, Strait of Hormuz",
  "url": "https://urgent.news/2026/09/14/brent-crude-at-107-per-barrel-following-new-strikes-on-saudi-arabia-7289068",
  "topic": "world",
  "section": "World",
  "published": "2026-09-14T09:13:57.000Z",
  "source": {
    "name": "Dawn Business",
    "slug": "dawn-business",
    "url": "https://www.dawn.com/news/2029863/brent-crude-at-107-per-barrel-following-new-strikes-on-saudi-arabia-strait-of-hormuz"
  },
  "original_language": "en",
  "account": "Oil prices surged nearly three percent on Monday after new attacks on Saudi Arabian energy infrastructure and Iranian assaults on ships in the Gulf heightened supply worries. Brent crude futures shot up $2.93, or 2.8 percent, to $107.54 per barrel at 0700 GMT, while WTI futures jumped $2.88, or 2.9 percent, to $102.93 per barrel.\n\nING commodity strategists noted the recent escalation of assaults on Saudi Arabian energy facilities, particularly the targeted East-West pipeline. However, the extent of potential damage and the duration of any pipeline disruption remained uncertain.\n\nThe East-West pipeline, crucial for Saudi Arabia to bypass the Strait of Hormuz and reroute exports, was briefly shut down following a drone attack, as Saudi officials confirmed. This shutdown threatens up to 4 percent of global oil supply.\n\nWith the pipeline offline, the Yanbu port on the Red Sea held just five to seven days' worth of exports, according to three industry sources familiar with Saudi Arabia's oil deliveries. Saudi Arabian state television broadcast footage of destruction caused by a Houthi attack in the southern Jazan province. The Houthis also claimed responsibility for striking a Saudi military base in a neighboring region.\n\nMeanwhile, a vessel in the Strait of Hormuz was hit by a projectile, igniting a fire and prompting the crew to abandon ship, according to the UK Maritime Trade Organisation. Iran reported one fatality and four injuries among the crew of an Iranian commercial ship struck off its coast.\n\nOmani Foreign Minister Badr Albusaidi disclosed on X that a planned Monday meeting in Oman among Gulf nations and Iran to discuss the Strait of Hormuz had been postponed. No peace talks have taken place since an interim agreement in June fell apart following six months of conflict initiated by the United States and Israel.",
  "summary": "Oil prices rose about three per cent on Monday, after new strikes on Saudi Arabian energy and civilian infrastructure and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline. Brent crude futures climbed $2.93, or 2.8pc, to $107.54 per barrel at 0700 GMT (12pm PKT). WTI futures gained $2.88, or 2.9pc, to $102.93 per barrel. “This…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Fighting in Yemen intensifies, Houthis launch more attacks on Saudi Arabia",
        "url": "https://urgent.news/2026/09/14/fighting-in-yemen-intensifies-houthis-launch-more-attacks-on-saudi",
        "published": "2026-09-14T05:57:03.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "S. Korea condemns Houthi attacks on Saudi Arabia, calls for immediate halt",
        "url": "https://urgent.news/2026/09/14/s-korea-condemns-houthi-attacks-on-saudi-arabia-calls-for-immediate",
        "published": "2026-09-14T06:05:29.000Z"
      },
      {
        "outlet": "Guardian Business",
        "title": "Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline",
        "url": "https://urgent.news/2026/09/14/oil-prices-rise-after-drone-attacks-shut-down-saudi-arabias-east-west",
        "published": "2026-09-14T08:03:40.000Z"
      },
      {
        "outlet": "Middle East Eye",
        "title": "Houthis threaten attacks on Saudi military targets over Yemen blockade",
        "url": "https://urgent.news/2026/09/14/houthis-threaten-attacks-on-saudi-military-targets-over-yemen-blockade",
        "published": "2026-09-14T08:32:38.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "Before and after: Satellite images show severe damage to Saudi oil pipeline after drone attack",
        "url": "https://urgent.news/2026/09/14/before-and-after-satellite-images-show-severe-damage-to-saudi-oil",
        "published": "2026-09-14T08:47:41.000Z"
      },
      {
        "outlet": "Dawn",
        "title": "Brent crude at $107 per barrel following new strikes on Saudi Arabia, Strait of Hormuz",
        "url": "https://urgent.news/2026/09/14/brent-crude-at-107-per-barrel-following-new-strikes-on-saudi-arabia",
        "published": "2026-09-14T09:13:57.000Z"
      },
      {
        "outlet": "Egypt Independent",
        "title": "FM reaffirms Egypt’s rejection of attacks on Saudi Arabia",
        "url": "https://urgent.news/2026/09/14/fm-reaffirms-egypts-rejection-of-attacks-on-saudi-arabia",
        "published": "2026-09-14T09:21:24.000Z"
      },
      {
        "outlet": "Daily Times",
        "title": "Saudi Arabia requests delay in Iran-Gulf Hormuz meeting",
        "url": "https://urgent.news/2026/09/14/saudi-arabia-requests-delay-in-iran-gulf-hormuz-meeting",
        "published": "2026-09-14T09:35:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}