Saudi shuts down oil pipeline as Houthis tighten grip on Red Sea shipping
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
The UN Security Council has failed to back a Bahraini resolution aimed at reopening the Strait of Hormuz, after China and Russia used their vetoes on Tuesday (7 April). The draft resolution called for coordinated "defensive measures" to ensure freedom of navigation in the strait.
The resolution received 11 votes in favour. Colombia and Pakistan abstained.
Speaking after the vote, Bahrain's Foreign Minister Abdullatif bin Rashid Al Zayani expressed his "regret" to the Council for failing to adopt the draft resolution.
"The Council failed to shoulder its responsibility in relation to an illegal conduct that requires decisive action with no delay," he said.
Diplomats previously said the draft resolution had faced resistance from China, Russia and others, and had been toned down from its original form.
Oil prices have surged since the U.S. and Israel struck Iran in late February, triggering a conflict that has lasted more than a month and largely disrupted traffic through the vital shipping route.
Bahrain, which currently holds the rotating presidency of the council, finalised a draft on Thursday (2 April) authorising “all defensive means necessary” to protect commercial shipping.
Foreign Minister Abdullatif bin Rashid Al Zayani had told the council a vote would take place on Friday, “God willing,” adding that Bahrain hoped for a “unified position from this esteemed council," but the vote was postponed.
Backed by Gulf Arab states and the United States, Bahrain had earlier removed an explicit reference to binding enforcement in an effort to overcome objections, particularly from China and Russia.
China has continuously opposed any authorisation of force to reopen the strait. Speaking on Thursday, China’s U.N. envoy Fu Cong said such a move would “legitimise the unlawful and indiscriminate use of force, which would inevitably lead to further escalation of the situation and serious consequences.”
A resolution requires at least nine votes in favour and no vetoes from the five permanent members: Britain, China, France, Russia and the U.S
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Saudi Arabia is now facing pressure from both ends of the Arabian Peninsula. While the crisis around the Strait of Hormuz is disrupting Gulf shipping and energy flows, fighting has intensified in western Yemen, bringing the Houthis back into direct confrontation with the kingdom.
Iran has warned it will retaliate against any future U.S. attacks, saying American energy interests and infrastructure across the Gulf could become targets in a further escalation of the conflict.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf said on Sunday that the United States must recognise that the “rules of the game” in its war against Iran had changed “before it is too late”, a day after Washington struck several Iranian tankers in the Gulf.
An Iranian tanker was hit by U.S. forces on Saturday near Iran's key oil export hub, Kharg Island, in the Gulf, the semi-official Iranian news agency Tasnim reported.
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, according to three senior Iranian sources. Washington is escalating pressure in hopes of securing concessions in future negotiations.
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