Yemen's Houthis claim strikes on Saudi navy vessels in Red Sea

AfrOil - Africa Oil & Gas
MEOG - Middle East Oil & Gas
By bnm Gulf bureau 18 August 2026
Yemen's Houthi movement says it struck a Saudi military landing ship and four escort boats with ballistic missiles in the Red Sea off Mokha, claiming the ship was destroyed. The assertions could not be independently verified.
Mohammad Bagher Ghalibaf, Iranian parliament speaker

Iran says Hormuz will stay shut until US lifts oil sanctions

MEOG - Middle East Oil & Gas
By bnm Gulf bureau 18 August 2026
Iran's parliament speaker Mohammad Baqer Qalibaf says the Strait of Hormuz will not reopen until the US lifts oil sanctions, frees blocked assets and ends its blockade, tying the vital shipping route to a disputed accord he says Washington has failed

KPC sticks with capacity targets despite regional volatility

DMEA - Downstream Middle East & Africa
MEOG - Middle East Oil & Gas
By Newsbase analysts 18 August 2026
KPC has recorded a resilient operational performance for the 2025-2026 financial year, maintaining steady production and refining throughput despite severe regional geopolitical disruptions

India’s green energy InvITs boom is waiting to happen

AsiaElec - Asia Power
REM - Renewable Energy
By IntelliNews - Mumbai bureau 18 August 2026
The Indian renewable energy sector offers significant opportunities for Infrastructure Investment Trusts (InvITs) to deepen capital mobilisation in the space despite the limited existence of InvITs at present, according to a recent report.
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