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 saying the strike originated from Iraq.
U.S. President Donald Trump said Iran was probably responsible for an aerial attack on Saudi Arabia that shut down its East-West pipeline.
“I think they are, probably they are,” Trump told reporters in Dublin when asked if Iran was responsible for the attack on the vital oil conduit.
U.S. President Donald Trump repeated on Saturday that he believed the war with Iran will end after U.S. midterm elections in November and that oil prices will tumble once it does.
“I think very soon. I think it'll be probably right after the mid-terms. They're trying to hold out as long as they can to complicate the election. But I think people are wise to it,” Trump told reporters in Dublin.
“When that happens, oil prices will come tumbling down.”
U.S. President Donald Trump said on Saturday that everything would “work out just fine” when asked whether he could help move traffic through the Strait of Hormuz in light of fresh concerns about Saudi Arabia.
“Everything will work out just fine,” Trump said, speaking in Dublin after meeting Irish President Catherine Connolly.
Iranian President Masoud Pezeshkian says Arab foreign ministers will meet in Oman to sign an agreement on a joint shipping route through the Strait of Hormuz. He said Iran would reopen the strategic waterway once the U.S. ends its blockade and attacks.
The planned deal will focus on creating safe routes for commercial vessels and will be presented to the International Maritime Organization, according to Tehran. Iran says the move aims to improve maritime security, while tensions continue over restrictions on shipping in the Gulf.
Malaysian Prime Minister Anwar Ibrahim has called for dialogue and diplomacy to resolve the U.S,-Iran conflict during talks with Iranian President Masoud Pezeshkian on the sidelines of the BRICS summit in New Delhi.
Anwar warned that continued tensions in the Middle East could affect global energy security, trade and the wider economy. He stressed the importance of keeping the Strait of Hormuz open in line with international law.
The two leaders also discussed expanding Malaysia-Iran cooperation in sectors including energy, agriculture, technology and education.
BRICS leaders have arrived in New Delhi for a two-day summit focused on global challenges, economic cooperation and strengthening multilateral ties. The meeting comes as the ongoing U.S.-Iran conflict continues to affect energy markets, trade and inflation concerns worldwide.
Leaders from the expanded 11-member bloc, including China, Russia, Iran, India and Brazil, are attending the talks. Partner countries such as Kazakhstan, Uzbekistan, Belarus, Malaysia and Vietnam are also represented at the summit. Discussions are expected to focus on inclusive global governance, innovation, sustainability and economic resilience.
The leaders are set to issue a joint statement after the second day of talks. BRICS says the group now accounts for around 49.5 per cent of the global population, 40 per cent of world GDP and 26 per cent of international trade.
The U.S. has asked tankers travelling through the Strait of Hormuz to sail only at specific times to guarantee military protection after Iran stepped up attacks on ships travelling at night, the Financial Times reported on Saturday.
Washington has been offering air-based defence since May to ships wanting to sail via a route hugging the Omani coast on the strait's southern side.
That period during which ships would be protected was cut down to two specific time slots daily around the start of September, the FT reported, citing emails sent by the U.S. naval co-ordination centre to maritime advisers.
Iraq ordered the closure of the Shalamcheh border crossing between Iraq and Iran as a precautionary measure after the latest drone attacks on Saudi Arabia, two security sources told Reuters on Saturday.
The sources said a wide-scale operation was underway to pursue perpetrators of the attack on Saudi Arabia.
Riyadh said on Friday its vital East-West pipeline was attacked by drones that were launched from Iraq.
Talks between Israel and Lebanon that were scheduled to take place in Rome next week have been postponed and will occur instead in October, Axios reported on Friday, citing a U.S. official.
Jewish holidays, a Paris conference and UN General Assembly preparations meant participants could not convene in Rome, Axios cited a source as saying. The Lebanese and Israeli ambassadors are due to meet in Washington, according to the post on X.
The pipeline, which has carried 4 to 5 million barrels of oil per day in recent months, is a crucial alternative route for Saudi exports amid disruptions in the Strait of Hormuz.
The attack came as Iran-aligned Houthi forces expanded their control in the Red Sea, reportedly seizing the strategic Perim Island near the Bab el-Mandeb Strait. The combined disruptions have intensified pressure on global energy supplies, pushing oil prices above $100 per barrel.
Saudi Arabia said the shutdown was a precautionary measure, while satellite images showed smoke rising from the damaged area south of Medina. Riyadh has requested U.S. military assistance against the Houthis, but Washington said it would provide intelligence and targeting support rather than direct military intervention.
The escalation has raised concerns that Houthi advances could give Iran greater influence over key maritime routes.
Follow for the latest updates from the Middle East conflict.
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Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
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.
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.
Twenty-five years after the September 11 attacks drew the U.S. into Afghanistan, the Taliban is seeking a new relationship with Washington built on diplomacy, investment and trade, despite deep divisions between the former enemies.
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port of Chornomorsk, the Interfax news agency reported on Saturday.
U.S. President Donald Trump arrived in Dublin on Saturday to meet Ireland’s leaders. He will also attend a golf tournament at one of his resorts, taking a brief detour from his focus on the Iran war and his party’s efforts to retain control of Congress in November’s midterm elections.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
Colombian President Abelardo De La Espriella has formally ended all government peace negotiations with illegal armed groups, marking a dramatic shift in the country's security strategy and delivering on a central pledge from his election campaign.
Russian President Vladimir Putin used a series of high-level meetings ahead of the BRICS summit in New Delhi to reinforce Moscow's political and economic partnerships with countries across Africa and Asia. He also received backing from Indian Prime Minister Narendra Modi for bilateral cooperation.
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