SAUDI ARABIA HAS ABOUT A WEEK OF EXPORTS LEFT

Satellite photos show a charred pumping station on the 1,200km East-West pipeline, which moves about four million barrels a day, roughly 4 percent of global supply, to Yanbu 15GDN Satellite images show extent of damage to major Saudi pipeline, amid global oil supply fears. Industry sources say Yanbu can keep exporting for five to seven days, with repairs estimated at anywhere from days to six weeks 15GDN Satellite images show extent of damage to major Saudi pipeline, amid global oil supply fears. Riyadh has said nothing about the damage. Brent rose 3.7 percent to more than $108.50, its highest since May, and UK gas jumped 5 percent to its highest since December 2022 4GDN Oil prices soar above $108 as Houthis strike Saudi infrastructure.

Mondays Salalah gathering was called off the night before, officially "in the interests of consensus" and, according to Iran's foreign ministry, because Saudi Arabia objected 5GDN Gulf states postpone strait of Hormuz talks with Iran as Yemen conflict intensifies6AJE Temporary Hormuz solution deferred as Iran-Arab summit falls through. The draft would have created a temporary Hormuz route whose entry sits entirely in Iranian waters, formalising Tehran's control of the waterway 5GDN Gulf states postpone strait of Hormuz talks with Iran as Yemen conflict intensifies. Riyadh reportedly submitted amendments to avoid exactly that 6AJE Temporary Hormuz solution deferred as Iran-Arab summit falls through. It would have been the first Iran-GCC meeting in two years, which is a measure of how much Tehran wanted it.

Mohammed bin Salman met CENTCOM chief Brad Cooper in Jeddah, days after Trump refused his request for American strikes 3JPO Saudi crown prince meets CENTCOM chief in bid for US help amid escalating Houthi attacks. Pakistan says activating the Mecca pact is "not under discussion right now," despite the "attack on one is an attack on all" language its own ministers were using last week 2CRD Pakistan rejects activating Mecca pact to join Saudi war on Yemen. And Israel Hayom reports Riyadh approached Israel indirectly, via CENTCOM, for intelligence to stop the Houthis closing Bab al-Mandab 2CRD Pakistan rejects activating Mecca pact to join Saudi war on Yemen. That last one is a single Israeli-outlet report, unconfirmed, and if true it is the most remarkable realignment of this war.

Hormuz transits are back in single digits 14MHR Strait of Hormuz vessel transits fall to single digits, and Iran's Persian Gulf Strait Affairs Authority has updated its list of "violating vessels," warning insurers, P&I clubs and classification societies not to service them 7TSN PGSA Warns against Serving Violating Vessels. Squeezing the insurance layer is quieter than firing missiles and much harder to counter. Meanwhile Tehrans nuclear chief was refused entry to Austria for the IAEA conference after US pressure 12JPO Iranian nuclear chief blocked from IAEA conference in Vienna following US pressure - report, and the two sides cannot even agree what any talks would be about: Washington wants the nuclear file first, Iran wants the blockade lifted first 13MHR US wants to resume talks on Iran's nuclear program.

American households heating with oil face a 31.3 percent increase this winter, about $2,300 for the season, with overall heating costs up 8.7 percent, more than double inflation 9CNN Get ready for a 30% jump in heating oil costs this winter as Iran war drives up prices. A Marine Corps veteran in Massachusetts is paying $5.56 a gallon and waiting on a federal assistance form: "I'm going to be watching the door like a hawk for the mailman" 9CNN Get ready for a 30% jump in heating oil costs this winter as Iran war drives up prices. UK petrol and diesel both hit fresh war highs 4GDN Oil prices soar above $108 as Houthis strike Saudi infrastructure. Syria, where diesel has more than doubled since February, is seeing its largest protests since Assad fell 1JPO Syria rocked by largest protests since fall of Assad regime after fuel prices surge, and Trump has told Zelensky to stop bombing Russian refineries because it is "causing a shortage of diesel" 17CNN Trump tells Ukraine to stop targeting Russia’s diesel fuel.