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Real-time News
On September 12th, CNN, citing two US officials, reported that Saudi Arabias crucial East-West oil pipeline system was attacked by projectiles on Thursday. Preliminary analysis indicates that pumping stations adjacent to the pipeline were hit; satellite images show one pumping station severely damaged by a fire, while another experienced a smaller fire and emitted thick smoke. It is currently unclear who was responsible for the attack, whether the pipeline itself was damaged, and the time required for repairs. A US official stated that the drone that carried out the attack originated from Iraq. The East-West oil pipeline has become increasingly important since the outbreak of the Iraq War. Due to Irans de facto closure of the Strait of Hormuz, Saudi Arabia has diverted approximately 5 million barrels per day of crude oil originally destined for the Persian Gulf to the Red Sea port of Yanbu via this pipeline. Meanwhile, the Houthi rebels have declared their intention to strike any Saudi vessels attempting to pass through the Bab el-Mandeb Strait, putting this alternative oil export route at risk.A spokesperson for the Yemeni Ministry of Defense stated that the Air Force has begun bombing the previously announced strike areas. We urge civilians to avoid using the Taiz-Muha and Muha-Zubab highways.Apple (AAPL.O): Starting at 5 a.m. Pacific Time on September 12, customers can pre-order the iPhone 18 Pro and iPhone 18 Pro Max on the Apple website and Apple Store app.Polish central bank monetary policy committee member Dabrowski: The possibility of a rate cut in Poland is slightly higher than a rate hike. Interest rates are expected to remain unchanged in the second quarter of 2027.Tesla (TSLA.O): Semi Truck is coming to Europe.
