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Middle East conflict tensions drive oil prices above $100 per barrel

Brent crude futures rose past $100 a barrel amid concerns over supply disruptions from escalating Middle East conflicts. Traders noted that attacks on shipping routes and energy facilities have increased risks to regional oil flows. While some reports mention specific price fluctuations, the primary consensus involves heightened market anxiety regarding potential interruptions in supply.

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Chief Justice Afridi calls for strengthening district judiciary as backbone of justice system

Chief Justice of Pakistan Yahya Afridi addressed a conference in Islamabad on Saturday to call for strengthening the district judiciary. He described these courts as the backbone of the country's justice system and the primary point of contact for citizens. Afridi stated that public confidence must be earned through integrity, competence, and institutions that empower judges.

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Houthis seize Perim island at Bab al-Mandab strait chokepoint

Yemen's Houthis have captured the strategic Perim island located within the Bab al-Mandab Strait. This development follows reports of fighting between Houthi forces and Saudi-backed government troops in the region. The strait serves as a critical maritime route for global shipping and oil exports.

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Pakistan maintains balanced stance as Saudi-Houthi fighting intensifies in Yemen

Intense fighting has resumed between Saudi-backed forces and Houthi groups in Yemen after a period of relative quiet. Pakistan, which holds defense agreements with both Riyadh and Tehran, states it offers support to Saudi Arabia but does not plan to join strikes against the Houthis. Officials indicate Islamabad seeks peace and stability while managing its dual diplomatic relationships.

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Saudi Arabia shuts East-West oil pipeline after drone attacks from Iraq

Saudi authorities stated that drones launched from Iraq targeted the East-West pipeline, causing injuries and forcing a temporary closure as a precaution. The facility, which helps bypass disruptions in the Strait of Hormuz, was hit in the Riyadh and Medina regions. Iraqi officials confirmed the attack originated within their territory and dismissed a military commander involved.

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Saudi Arabia shuts East-West oil pipeline after drone attacks cause injuries

Saudi authorities closed the East-West oil pipeline in the Riyadh and Medina regions following multiple attacks that injured several people. Officials stated the shutdown was a precautionary measure taken after drones originating from Iraq targeted the infrastructure. Satellite imagery confirmed smoke near Madina along the route used to transport oil to the Red Sea coast.

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Iran to discuss Strait of Hormuz management with Gulf states in Oman

Iran's foreign ministry announced talks scheduled for Monday in Oman involving Iraq and other Persian Gulf nations to address the future of the strategic waterway. The meetings aim to promote regional understanding and security while discussing the management of a channel that previously facilitated significant global oil transit. During the conflict, Iran has required vessel permission and is considering service fees, leading to strikes against non-compliant ships and periodic US coastal bombings.

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Houthis seize Perim and Hanish islands controlling Bab el-Mandab strait

Yemeni Houthi forces have taken control of Perim Island, also known as Mayyun, along with the Greater and Lesser Hanish islands in the Bab el-Mandab Strait. Government officials from the Saudi-backed Yemeni administration confirmed that their forces previously held territory on the western coast has fallen to the group. The Houthis stated that freedom of navigation remains safe for international trade while excluding Saudi vessels.

· · 2 sources ·Updated