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The outlet posted the following image on its official Telegram channel. Newsquawk, which picked up the Sabereen report, has noted that it remains unclear whether this is a new incident or is damage stemming from the earlier reported Sunday attack on Saudi Arabia's East-West pipeline (detailed below):

The US Coast Guard said Friday that its forces intercepted a ship that was attempting to bring fuel to Cuba, as the US continues to enforce a ramped-up oil embargo on the country, which has caused a devastating humanitarian crisis.

The Coast Guard said that the incident occurred in early September, when a “Coast Guard tactical team” boarded the M/V Grace, a 300-foot-long container ship, in the Caribbean Sea.

President Volodymyr Zelensky told Reuters in an exclusive interview that Ukraine plans to intensify attacks on Russian oil refineries in response to continued strikes on Ukrainian cities.

Miller’s central insight is simple. A ceasefire can reopen a shipping lane overnight. It cannot manufacture a compressor, mobilize commissioning engineers, or pay a contractor. The next phase of this crisis, he writes, is a competition for cash, equipment, qualified contractors and finished fuel.

  • US President Trump said that he will be making a decision on Iran; Iran said the Strait of Hormuz will not reopen until its conditions are met.
  • APAC stocks began the week mostly higher in holiday-thinned conditions; US equity futures pared early upside in the absence of major fresh catalysts.
  • DXY strengthened to start the week; EUR/USD weakened overnight to its lowest since May last year, with the single currency not helped by the unrest in France.
  • Crude futures ultimately retreated despite the initial u

Iran has been launching dozens of drones and missiles at commercial ships in the Strait of Hormuz each week, largely out of the public eye, though it has often failed to strike its targets, confidential data shared with The New York Times by a Western security official who spoke on condition of anonymity to discuss operational matters shows.

Since the beginning of August, Iran has launched about 30 drone attacks and 10 anti-ship missile attacks per week against commercial ships transiting the Strait of Hormuz, according to the data shared with The Times by the official.

Reporting says the discussions to stop the fighting expanded to a possible purchase of Lukoil’s overseas fields, refineries, and fuel stations. The plan would need approval from the United States and from Russia, making any move conditional and complex. The New York Times and Reuters describe a large investor group exploring the buyout. That scope shows how energy, sanctions, and war talks can now run together, and how each side may seek leverage by tying peace steps to oil market outcomes.

Unverified reports and footage circulating on X early Saturday morning appear to show smoke rising from Saudi Aramco's Riyadh refinery. The cause and any impact on operations remain unclear. Separately, Axios reports that Saudi Arabia is preparing a major offensive against Iran-backed Houthis in the coming days. President Trump's comments last week that a bombing campaign against Tehran could resume after the midterm elections add to signs that the Gulf conflict remains far from any near-term resolution.