Oil Supply

Stories tagged “Oil Supply.”

2 stories

Petrol and Diesel Prices in Pakistan for Today (30 July 2026)

The Federal Government has officially transitioned to a daily petrol and diesel price adjustment strategy. The Oil and Gas Regulatory Authority (OGRA) has started revising the ex-depot prices of petroleum products after every 24 hours.

A satellite imagery shows Bab el Mandeb Strait, a key shipping waterway and the gateway to the Red Sea, as Iran threatens using Yemen's Houthi allies to shut the Bab el-Mandeb gateway to the Red Sea, in this handout picture dated July 12, 2026. Nasa Worldview/Handout via REUTERS

Jul 22al-monitor.com

Houthi Red Sea threat would challenge a stretched US military

Yemen's Iran-aligned Houthis threaten to impose a naval blockade against Saudi Arabia in the Red Sea, potentially blocking Saudi oil exports and choking off an additional 7% of global oil supply.