GeopoliticsSeptember 7 at 07:06 AM

Sources are reporting several explosions at Saudi Aramco facilities, reports Mizan

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Reports of Aramco explosions follow severe US-Iran naval clashes, reducing Hormuz shipping traffic and elevating Brent oil prices toward 97 dollars per barrel amid supply disruption warnings.

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Politics

Iranian Foreign Ministry spokesperson says the deal with Oman regarding the Strait of Hormuz will be registered soon. Hope parties will not prevent the implementation of the understanding. Qatar's delegation was present within Iran on Sunday.

Commodities

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed

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