{"id":2144868,"date":"2026-09-14T11:39:06","date_gmt":"2026-09-14T08:39:06","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2144868"},"modified":"2026-09-14T11:39:06","modified_gmt":"2026-09-14T08:39:06","slug":"oil-surges-past-108-as-hormuz-attack-and-saudi-pipeline-shutdown-rattle-markets","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2144868","title":{"rendered":"Oil surges past $108 as Hormuz attack and Saudi pipeline shutdown rattle markets"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/91\/23\/32\/1200x675_cmsv2_d8aa8738-e4cc-54ad-a92e-84595044ecee-9912332.jpg&#8221;]<\/p>\n<article id=\"abe-2925730-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2925730\" data-cid=\"9913486\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925730-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/34\/86\/189x106_cmsv2_0bc64f3b-3ca6-55bb-a18a-cf84054391cb-9913486.jpg\" loading=\"lazy\" alt=\"Members of U.S. Space Force perform on the track before the IndyCar Freedom 250 Grand Prix auto race in Washington, Sunday, Aug. 23, 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    USA<\/p>\n<div class=\"the-media-object__title  \">\n<p>    United States Space Force says US has weapons in orbit\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2925690-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2925690\" data-cid=\"9913409\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925690-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/34\/09\/189x106_cmsv2_f0897016-9ca2-5900-8cfa-e708de067f99-9913409.jpg\" loading=\"lazy\" alt=\"French President Emmanuel Macron and Finnish President Alexander Stubb\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe Today<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Finland joins France&#8217;s forward nuclear deterrence initiative\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2925488-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2925488\" data-cid=\"9912283\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925488-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/22\/83\/189x106_cmsv2_98e73218-b8a1-5356-a928-88af7bebc1f6-9912283.jpg\" loading=\"lazy\" alt=\"FILE: Hugo Carvajal attends a meeting at the administrative offices of the National Assembly in Caracas on 20 January 2016.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Former Moroccan spy reportedly offered Spain intelligence information\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2925669-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2925669\" data-cid=\"9913241\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925669-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/32\/41\/189x106_cmsv2_f98bec57-de7d-52b3-b620-5f227aeb779b-9913241.jpg\" loading=\"lazy\" alt=\"France and Slovakia demand the removal of Alisher Usmanov from the EU sanctions list.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    France seeks Usmanov delisting to free French nationals in Azerbaijan\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2925730-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2925730\" data-cid=\"9913486\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925730-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/34\/86\/189x106_cmsv2_0bc64f3b-3ca6-55bb-a18a-cf84054391cb-9913486.jpg\" loading=\"lazy\" alt=\"Members of U.S. Space Force perform on the track before the IndyCar Freedom 250 Grand Prix auto race in Washington, Sunday, Aug. 23, 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    USA<\/p>\n<div class=\"the-media-object__title  \">\n<p>    United States Space Force says US has weapons in orbit\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2925690-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2925690\" data-cid=\"9913409\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925690-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/34\/09\/189x106_cmsv2_f0897016-9ca2-5900-8cfa-e708de067f99-9913409.jpg\" loading=\"lazy\" alt=\"French President Emmanuel Macron and Finnish President Alexander Stubb\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe Today<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Finland joins France&#8217;s forward nuclear deterrence initiative\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2925488-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2925488\" data-cid=\"9912283\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925488-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/22\/83\/189x106_cmsv2_98e73218-b8a1-5356-a928-88af7bebc1f6-9912283.jpg\" loading=\"lazy\" alt=\"FILE: Hugo Carvajal attends a meeting at the administrative offices of the National Assembly in Caracas on 20 January 2016.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Former Moroccan spy reportedly offered Spain intelligence information\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2925669-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2925669\" data-cid=\"9913241\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925669-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/32\/41\/189x106_cmsv2_f98bec57-de7d-52b3-b620-5f227aeb779b-9913241.jpg\" loading=\"lazy\" alt=\"France and Slovakia demand the removal of Alisher Usmanov from the EU sanctions list.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    France seeks Usmanov delisting to free French nationals in Azerbaijan\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Economy<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            Oil surges past $108 as Hormuz attack and Saudi pipeline shutdown rattle markets<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-controller=\"video-player\" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/23\/32\/1536x864_cmsv2_d8aa8738-e4cc-54ad-a92e-84595044ecee-9912332.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"FILE. This image provided by Planet Labs PBC shows a plume of black smoke rising from a Saudi Aramco oil refinery, north of Abha, Saudi Arabia, 8 Sept. 2026\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              FILE. This image provided by Planet Labs PBC shows a plume of black smoke rising from a Saudi Aramco oil refinery, north of Abha, Saudi Arabia, 8 Sept. 2026<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">Planet Labs PBC via AP<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0Planet Labs PBC via AP\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspQuirino Mealha\n<\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1789371657\">\n                    Published on                 <time datetime=\"2026-09-14 09:40:57 +02:00\">14\/09\/2026 &#8211; 9:40 GMT+2<\/time><span class=\"c-article-publication-date__bullet\">\u2022<\/span>Updated<br \/>\n                                     <time datetime=\"13:39\">13:39<\/time><\/div>\n<\/div>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div class=\"c-article-share-comment-popup-overlay js-c-article-share-comment-popup-overlay u-display-none\">\n<div id=\"js-c-article-share-comment-popup\" class=\"c-article-share-comment-popup js-c-article-share-comment-popup\">\n<div class=\"c-article-share-comment-popup__header u-display-flex\"><span>Share<\/span><img decoding=\"async\" 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class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-telegram.svg\" width=\"24\" height=\"24\" alt=\"telegram\" loading=\"lazy\"><span>Telegram<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-telegram.svg\" width=\"48\" height=\"48\" alt=\"telegram\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-vk.svg\" width=\"24\" height=\"24\" alt=\"vk\" loading=\"lazy\"><span>VK<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-vk.svg\" width=\"48\" height=\"48\" alt=\"vk\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"24\" height=\"24\" alt=\"bluesky\" loading=\"lazy\"><span>Bluesky<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"48\" height=\"48\" alt=\"bluesky\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"24\" height=\"24\" alt=\"threads\" loading=\"lazy\"><span>Threads<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"48\" height=\"48\" alt=\"threads\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"24\" height=\"24\" alt=\"whatsapp\" loading=\"lazy\"><span>Whatsapp<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        Brent crude climbed above $108 a barrel on Monday morning after a merchant vessel was struck in the Strait of Hormuz, killing one crew member, and Saudi Arabia shut its main pipeline bypassing the waterway, renewing fears that Middle East supply routes are closing.<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>The oil market spent Monday morning pricing in a weekend of bad news from the Gulf.<\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>Brent for October and November deliveries gained over 3% and crossed $108 a barrel, while the US benchmark WTI for October also rose more than 3% to around $103, both extending last week&#8217;s advance after each reclaimed the $100 threshold.<\/p>\n<p>Prices moved following Saudi Arabia&#8217;s announcement that its East-West pipeline is temporarily closed after drone attacks.<\/p>\n<p>The line carries crude across the kingdom to Red Sea ports, allowing oil to reach export terminals without passing through the Strait of Hormuz, so its loss removes the main alternative at the moment the strait itself is most dangerous.<\/p>\n<p>That danger was also demonstrated on Sunday, when a merchant vessel was hit in the strait, killing one person and injuring three others, according to Iranian authorities.<\/p>\n<p>Passage through the waterway now works very differently from before the war.<\/p>\n<p>Vessels must obtain Iranian permission to transit, and Tehran is weighing a mechanism to charge service fees. Ships that fail to comply are routinely targeted, while US forces periodically bomb the Iranian coastline to contest Tehran&#8217;s claim to control the strait.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\" id=\"abe-article-related-1\">\n<li class=\"c-widget-related__item\">Iran claims one killed in US attack on Iranian commercial ship in Hormuz<\/li>\n<li class=\"c-widget-related__item\">Trump accuses Ukraine of pushing up energy prices while on two-day visit to Ireland<\/li>\n<\/ul>\n<\/div>\n<p>Diplomatic efforts have stalled too.<\/p>\n<p>Oman has postponed planned talks between Iran and Gulf states on the future of the waterway, which carries a large share of the world&#8217;s seaborne oil trade.<\/p>\n<h2>Record fuel prices and finger-pointing<\/h2>\n<p>The consequences are extremely visible at American pumps.<\/p>\n<p>The US national average price of diesel crossed $6 a gallon on Friday for the first time in history, up from around $5.85 a week earlier and roughly 60% above the $3.71 drivers paid a year ago.<\/p>\n<p>Petrol is also averaging $4.22 after setting records over the Labor Day weekend.<\/p>\n<p>US President Donald Trump has pointed the finger elsewhere.<\/p>\n<p>Speaking to reporters in Ireland on Sunday, where he was attending the Irish Open at his Doonbeg golf resort, Trump stated Ukrainian President Volodymyr Zelenskyy &#8220;has to stop knocking out diesel fuel in Russia.&#8221;<\/p>\n<p>&#8220;Let him go after targets, but not diesel fuel, because he&#8217;s causing a shortage of diesel fuel,&#8221; Trump added.<\/p>\n<p>Ukraine has struck more than 20 Russian refinery targets this summer, prompting Moscow to ban diesel exports.<\/p>\n<p>On the flight back from his state visit to Ireland this weekend, Trump reiterated the claim.<\/p>\n<p>However, the supply arithmetic suggests otherwise.<\/p>\n<p>Analysts attribute roughly 800,000 barrels a day of lost diesel supply to Russia&#8217;s export ban, against about 1.2 million from disruption around the Strait of Hormuz, according to Lipow Oil Associates.<\/p>\n<p>The wider picture is more lopsided still as crude flows through the strait have fallen from around 20 million barrels a day before the war to about 7 million.<\/p>\n<p>Between them, the two wars have also shut refineries representing around 5 million barrels a day of capacity.<\/p>\n<\/div>\n<footer class=\"perf-cv-auto c-article-contributors c-article-contributors-supplementary u-margin-top-2 u-padding-top-2\">\n<p>Additional sources<strong> \u2022 AFP<\/strong><\/p>\n<\/footer>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<article id=\"abe-2925527-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2925527\" data-cid=\"9912446\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925527-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/24\/46\/480x270_cmsv2_149ce1a2-7657-5a30-9817-feeb16881cde-9912446.jpg\" loading=\"lazy\" alt=\"Damage to Saudi Arabia&apos;s East-West pipeline\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Saudi Arabia<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Saudi pipeline shutdown threatens oil supplies to Europe and Asia<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925524-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2925524\" data-cid=\"9912419\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925524-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/24\/19\/480x270_cmsv2_495ee74e-a24b-5084-8d7a-0a83d751c6a5-9912419.jpg\" loading=\"lazy\" alt=\"FILE. US President Donald Trump returns a salute as he walks from Marine One to his limousine upon his arrival at the Ellipse just outside of the White House, 13 Sept. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Trump concedes on ethics rules as major US crypto bill nears vote<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2924900-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2924900\" data-cid=\"9909929\" data-part-label=\"Partner content\">\n<figure id=\"abe-2924900-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/90\/99\/29\/480x270_cmsv2_cda13f2d-262c-526b-b67b-2ccd5fc706c2-9909929.jpg\" loading=\"lazy\" alt=\"File - Specialist Meric Greenbaum works on the floor of the New York Stock Exchange, Wednesday, 14 June 2017.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Markets<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    European bond yields hit multi-year highs as global sell-off continues<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Iran war<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Oil tanker<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Donald Trump<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Strait of Hormuz<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Oil prices<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Oil<br \/>\n<\/section>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div class=\"tp-vuukle\">\n<div class=\"c-vuukle-skeleton\" aria-hidden=\"true\">\n<div class=\"c-vuukle-skeleton__header\"><span class=\"c-vuukle-skeleton__title\">Comments<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div id=\"adb-article-top-stories\" class=\"perf-cv-auto c-top-stories\">\n<h2 class=\"c-top-stories__title\">Top stories<\/h2>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2925524-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925524\" data-cid=\"9912419\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925524-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/24\/19\/320x180_cmsv2_495ee74e-a24b-5084-8d7a-0a83d751c6a5-9912419.jpg\" loading=\"lazy\" alt=\"FILE. US President Donald Trump returns a salute as he walks from Marine One to his limousine upon his arrival at the Ellipse just outside of the White House, 13 Sept. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Trump concedes on ethics rules as major US crypto bill nears vote<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2925517-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925517\" data-cid=\"9912388\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925517-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/23\/88\/320x180_cmsv2_1edf3d27-ad7f-5609-8e11-4631161bfbfd-9912388.jpg\" loading=\"lazy\" alt=\"Junichi Miyagawa, president and CEO of SoftBank, speaks during a news conference at a hotel in Tokyo, Tuesday, June 16, 2026. (AP Photo\/Hiro Komae)\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    SoftBank shares plunge as calls grow to slow AI development<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2925414-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925414\" data-cid=\"9911997\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925414-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/19\/97\/320x180_cmsv2_7bdb11e3-bf8d-5c40-9032-9e867a9c5011-9911997.jpg\" loading=\"lazy\" alt=\"U.S. President Donald Trump smiles after the trophy presentation of the Irish Open at the Trump International Golf Links course in Doonbeg, Ireland, Sunday, Sept. 13, 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Donald Trump pledges to remove a 15% tariff on Irish whiskey<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2925007-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925007\" data-cid=\"9910519\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925007-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/05\/19\/320x180_cmsv2_ae596d2c-bcb5-5d7b-a483-b40dea029227-9910519.jpg\" loading=\"lazy\" alt=\"File - A man looks in the window of an estate agency with properties mainly for sale in Madrid, Spain, Tuesday, 18 April 2023. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    How the ECB rate hike will affect mortgage borrowers<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2924893-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2924893\" data-cid=\"9909905\" data-part-label=\"Partner content\">\n<figure id=\"abe-2924893-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/90\/99\/05\/320x180_cmsv2_b67a8daf-c130-53be-829a-9e5ec375767e-9909905.jpg\" loading=\"lazy\" alt=\"Federal Reserve Board Chairman Kevin Warsh attends an observance ceremony on the 25th anniversary of the 9\/11 attacks at the Pentagon in Washington, 11 Sept. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    US inflation holds at 3.4% as monthly price rises hit fastest pace since May<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-ad-wrapper o-article-newsy__aside__content-2\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-most-viewed\">\n<h2 class=\"c-most-viewed__title qa-section-title\">Most read<\/h2>\n<div class=\"c-most-viewed__list\">\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">1<\/span><\/p>\n<article id=\"abe-2925524-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2925524\" data-cid=\"9912419\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Trump concedes on ethics rules as major US crypto bill nears vote<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">2<\/span><\/p>\n<article id=\"abe-2925498-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2925498\" 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c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<\/article>\n<article id=\"abe-2925527-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2925527\" data-cid=\"9912446\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925527-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/24\/46\/480x270_cmsv2_149ce1a2-7657-5a30-9817-feeb16881cde-9912446.jpg\" loading=\"lazy\" alt=\"Damage to Saudi Arabia&apos;s East-West pipeline\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Saudi Arabia<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Saudi pipeline shutdown threatens oil supplies to Europe and Asia<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925524-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2925524\" data-cid=\"9912419\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925524-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/24\/19\/480x270_cmsv2_495ee74e-a24b-5084-8d7a-0a83d751c6a5-9912419.jpg\" loading=\"lazy\" alt=\"FILE. US President Donald Trump returns a salute as he walks from Marine One to his limousine upon his arrival at the Ellipse just outside of the White House, 13 Sept. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Trump concedes on ethics rules as major US crypto bill nears vote<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2924900-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2924900\" data-cid=\"9909929\" data-part-label=\"Partner content\">\n<figure id=\"abe-2924900-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/90\/99\/29\/480x270_cmsv2_cda13f2d-262c-526b-b67b-2ccd5fc706c2-9909929.jpg\" loading=\"lazy\" alt=\"File - Specialist Meric Greenbaum works on the floor of the New York Stock Exchange, Wednesday, 14 June 2017.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Markets<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    European bond yields hit multi-year highs as global sell-off continues<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925524-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925524\" data-cid=\"9912419\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925524-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/24\/19\/320x180_cmsv2_495ee74e-a24b-5084-8d7a-0a83d751c6a5-9912419.jpg\" loading=\"lazy\" alt=\"FILE. US President Donald Trump returns a salute as he walks from Marine One to his limousine upon his arrival at the Ellipse just outside of the White House, 13 Sept. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Trump concedes on ethics rules as major US crypto bill nears vote<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925517-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925517\" data-cid=\"9912388\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925517-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/23\/88\/320x180_cmsv2_1edf3d27-ad7f-5609-8e11-4631161bfbfd-9912388.jpg\" loading=\"lazy\" alt=\"Junichi Miyagawa, president and CEO of SoftBank, speaks during a news conference at a hotel in Tokyo, Tuesday, June 16, 2026. (AP Photo\/Hiro Komae)\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    SoftBank shares plunge as calls grow to slow AI development<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925414-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925414\" data-cid=\"9911997\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925414-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/19\/97\/320x180_cmsv2_7bdb11e3-bf8d-5c40-9032-9e867a9c5011-9911997.jpg\" loading=\"lazy\" alt=\"U.S. President Donald Trump smiles after the trophy presentation of the Irish Open at the Trump International Golf Links course in Doonbeg, Ireland, Sunday, Sept. 13, 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Donald Trump pledges to remove a 15% tariff on Irish whiskey<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925007-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925007\" data-cid=\"9910519\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925007-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/05\/19\/320x180_cmsv2_ae596d2c-bcb5-5d7b-a483-b40dea029227-9910519.jpg\" loading=\"lazy\" alt=\"File - A man looks in the window of an estate agency with properties mainly for sale in Madrid, Spain, Tuesday, 18 April 2023. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    How the ECB rate hike will affect mortgage borrowers<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2924893-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2924893\" data-cid=\"9909905\" data-part-label=\"Partner content\">\n<figure id=\"abe-2924893-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/90\/99\/05\/320x180_cmsv2_b67a8daf-c130-53be-829a-9e5ec375767e-9909905.jpg\" loading=\"lazy\" alt=\"Federal Reserve Board Chairman Kevin Warsh attends an observance ceremony on the 25th anniversary of the 9\/11 attacks at the Pentagon in Washington, 11 Sept. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    US inflation holds at 3.4% as monthly price rises hit fastest pace since May<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925524-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2925524\" data-cid=\"9912419\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Trump concedes on ethics rules as major US crypto bill nears vote<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925498-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2925498\" data-cid=\"9912332\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Oil surges past $108 after Hormuz attack and Saudi pipeline shutdown<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925224-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--no-label\" data-nid=\"2925224\" data-cid=\"9911356\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Capgemini sells US subsidiary criticised over ICE contract<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925414-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2925414\" data-cid=\"9911997\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Donald Trump pledges to remove a 15% tariff on Irish whiskey<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925007-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--no-label\" data-nid=\"2925007\" data-cid=\"9910519\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    How the ECB rate hike will affect mortgage borrowers<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">The oil market spent Monday morning pricing in a weekend of bad news from the Gulf.Brent for October and November deliveries gained over 3% and crossed $108 a barrel, while the US benchmark WTI for October also rose more than 3% to around $103, both extending last week&#8217;s advance after each reclaimed the $100 threshold.Prices moved following Saudi Arabia&#8217;s announcement that its East-West pipeline is temporarily closed after drone attacks.The line carries crude across the kingdom to Red Sea ports, allowing oil to reach export terminals without passing through the Strait of Hormuz, so its loss removes the main alternative at the moment the strait itself is most dangerous.That danger was also demonstrated on Sunday, when a merchant vessel was hit in the strait, killing one person and injuring three others, according to Iranian authorities.Passage through the waterway now works very differently from before the war.Vessels must obtain Iranian permission to transit, and Tehran is weighing a mechanism to charge service fees. Ships that fail to comply are routinely targeted, while US forces periodically bomb the Iranian coastline to contest Tehran&#8217;s claim to control the strait.Diplomatic efforts have stalled too.Oman has postponed planned talks between Iran and Gulf states on the future of the waterway, which carries a large share of the world&#8217;s seaborne oil trade.Record fuel prices and finger-pointingThe consequences are extremely visible at American pumps.The US national average price of diesel crossed $6 a gallon on Friday for the first time in history, up from around $5.85 a week earlier and roughly 60% above the $3.71 drivers paid a year ago.Petrol is also averaging $4.22 after setting records over the Labor Day weekend.US President Donald Trump has pointed the finger elsewhere.Speaking to reporters in Ireland on Sunday, where he was attending the Irish Open at his Doonbeg golf resort, Trump stated Ukrainian President Volodymyr Zelenskyy &#8220;has to stop knocking out diesel fuel in Russia.&#8221;&#8221;Let him go after targets, but not diesel fuel, because he&#8217;s causing a shortage of diesel fuel,&#8221; Trump added.Ukraine has struck more than 20 Russian refinery targets this summer, prompting Moscow to ban diesel exports.On the flight back from his state visit to Ireland this weekend, Trump reiterated the claim.However, the supply arithmetic suggests otherwise.Analysts attribute roughly 800,000 barrels a day of lost diesel supply to Russia&#8217;s export ban, against about 1.2 million from disruption around the Strait of Hormuz, according to Lipow Oil Associates.The wider picture is more lopsided still as crude flows through the strait have fallen from around 20 million barrels a day before the war to about 7 million.Between them, the two wars have also shut refineries representing around 5 million barrels a day of capacity.<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/business\/2026\/09\/14\/oil-surges-past-107-as-hormuz-attack-and-saudi-pipeline-shutdown-rattle-markets&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/91\/23\/32\/1200x675_cmsv2_d8aa8738-e4cc-54ad-a92e-84595044ecee-9912332.jpg&#8221;] USA United States Space Force says US has weapons in orbit Europe Today Finland joins France&#8217;s forward nuclear deterrence initiative Europe News Former Moroccan spy reportedly offered Spain intelligence information Europe News France seeks Usmanov delisting to free French nationals in Azerbaijan USA United States Space Force says US has weapons in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-2144868","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2144868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2144868"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2144868\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2144868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2144868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2144868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}