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Iranian officials said on the 13th that a container ship was hit by an unknown projectile near the Strait of Hormuz, killing one person and injuring four.
Saudi Oil Pipeline Outage Could Remove Up to 4% of Global Oil Supply

Refinitiv sources warn Saudi Arabia’s main pipeline to the Red Sea could exhaust export inventories within days if flows are ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10961
Iran Fires on Three Merchant Ships in Strait of Hormuz, Qatar LNG Carrier Set Alight

Iranian forces fired on three merchant vessels in the Strait of Hormuz, setting a Qatari LNG carrier alight a... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10962
BRICS Adopts Payment Architecture to Reduce Reliance on Dollar and SWIFT

The 18th BRICS Summit adopted a 45 page New Delhi Declaration backing a payment architecture designed to route cross bord... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10963
Oman Says Strait of Hormuz Will Reopen, But Warning It May Be Short Lived

Oman’s Energy Minister said the Strait of Hormuz will reopen, but the change may be temporary as regional tensions remai... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10964
The IRCG announced they shot down an MQ-1 over the Strait of Hormuz this morning.
Saudi Arabia Shuts 1,200 km East West Oil Pipeline After Drone Attacks

Saudi Arabia shut its 1,200 km East West oil pipeline after drone attacks from Iraq struck the conduit, which normally bypa... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10966
Five Emerging Asian Buyers Spend $7.4 Billion on Spot LNG Since War Began

India, Pakistan, Bangladesh, Thailand and Vietnam have spent $7.4 billion on spot LNG since the US Iran war began, more... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10967
Citigroup Sees 5.3% as Key Ceiling for US Treasury Yields

US Treasury yields rose sharply as higher oil prices revived inflation concerns amid strong US growth, heavy debt issuance and widening ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10968
Saudi East West Oil Pipeline to Remain Largely Shut for Several Weeks

Saudi Arabia’s 1,200 km East West pipeline, attacked last week, will be largely out of service for several weeks as damaged... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10969
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BigBreakingWire pinned «📡 BIGBREAKINGWIRE PRIME Your complete market intelligence terminal. One subscription. Zero ads. 🔥 Market Pulse & Top Movers 📊 DIY Screener + 100+ Conditions 📈 Technical Levels & Calculator 🔎 Historical Data & Signal Analysis 🧠 See what happened the last…»
US 10 Year Treasury Yield Crosses 5% for First Time in Nearly 3 Years

The benchmark 10 year US Treasury yield rose above 5% on Monday ahead of this week’s Federal Reserve meeting, as markets pri... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10971
US F 15E Crew Member Reveals Survival After Jet Was Shot Down in Iran

A crew member from a US F 15E shot down in Iran has appeared publicly for the first time, saying his parachute was damaged a... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10972
Trump said Russia and Ukraine agreed not to strike each other’s energy targets, calling the war the main driver of global diesel price rises, not Iran.

WTI and Brent fell $1.40 intraday to $98.75 and $104.30 a barrel.