Keyword: summersaid

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  • Middle East Oil Exports Rebound as Iran’s Chokehold on Hormuz Breaks Down

    09/28/2026 7:12:18 PM PDT · by E. Pluribus Unum · 28 replies
    The Wall Street Journal ^ | Sept. 28, 2026 9:00 pm ET | Georgi Kantchev and Summer Said
    But it brings a dangerous moment for the U.S. DUBAI—Iran’s ability to choke off oil flowing through the Strait of Hormuz—and use that as leverage in talks with the U.S.—is breaking down, raising the risk it will resort to military escalation to bolster its position. The erosion of Iran’s position comes as the U.S. Navy and Gulf oil producers have become better at fending off or evading Iranian attacks, allowing more tankers to cross the strait. Middle Eastern crude exports rebounded this month to around their highest level since the war began in February, oil data trackers say. Shipments via...
  • Iran Has a Secret Weapon in Its War With America: Help From China

    09/23/2026 9:22:15 PM PDT · by E. Pluribus Unum · 33 replies
    The Wall Street Journal ^ | Sept. 23, 2026 9:00 pm ET | Rory Jones, Jon Emont, Vera Bergengruen and Summer Said
    Trump wants to preserve relations with Xi, but Iranian customs data show Chinese entities have made thousands of shipments of components used in drones and missiles This summer, when the U.S. and Iran signed a temporary truce, China touted its role in easing tensions in the Middle East. It said its foreign ministry made dozens of calls to nudge peace along, and that President Xi Jinping himself had intervened with suggestions to end the fighting.That same day, a plane from China landed in Tehran. It carried a shipment for Iran’s Ministry of Defense that included electronics components that can be...
  • Saudi Arabia Spent Months Trying to Bypass Hormuz. Now There’s No Way Around It.

    09/21/2026 6:45:33 PM PDT · by E. Pluribus Unum · 44 replies
    The Wall Street Journal ^ | Sept. 21, 2026 8:00 pm ET | Georgi Kantchev , Rebecca Feng and Summer Said
    Threats to the Red Sea have shut the kingdom’s workaround DUBAI—Saudi Arabia spent months rerouting oil across the desert to circumvent the Strait of Hormuz. Now, with its Red Sea bypass route disrupted by attacks, the world’s oil kingpin is having to return to the waterway it was trying to avoid in the first place.Saudi Aramco, the country’s state-controlled oil giant, is loading more oil onto tankers in the Persian Gulf and then taking its chances sending them through the Strait of Hormuz. The company has told several of its customers in Asia—its most important oil market—to pick up shipments...
  • Biden Rebuilds Ties With Saudi Visit but Lacks Commitment on Oil Production

    07/17/2022 8:10:07 AM PDT · by libstripper · 35 replies
    Wal Street Journal via MSN (No pay wall on MSN.) ^ | July 16, 2022 | Andrew Restuccia, Catherine Lucey, Stephen Kalin, Summer Said
    JEDDAH, Saudi Arabia—For Saudi Crown Prince Mohammed bin Salman, his high-profile meeting with President Biden was an immediate victory, signaling that his isolation on the world stage is over. But the American president will have to wait weeks, perhaps months, before the world knows if his sojourn to the Middle East paid off for the U.S. On Saturday, Mr. Biden left Saudi Arabia, the second and final stop on a four-day Middle East tour that also took him to Israel. His aim was to reaffirm U.S. ties with an oil-rich region, following a rift with Saudi leaders after Mr. Biden...