Russia and Iran built alternative financial channels, nuclear cooperation at Bushehr and energy projects to counter Western sanctions, a nonpublic 2024-2026 roadmap reveals.

An expert says Saudi Arabia is facing "the biggest threat to their production of oil since their kingdom was founded in 1932," as tensions escalate during Iran war.

Did Iran capture a US submarine? Saudi Arabia's oil exports took another blow last week when drone attacks knocked out part of the country's East-West pipeline, halting oil flow and removing 4-5 million barrels per day (bpd) of oil from global supply. It is unclear how long repairs will take, although The Associated Press estimates three to five weeks, citing two regional officials. The 1,200km (746-mile) pipeline connects the kingdom's main oil-producing fields in the east of the country with Yanbu port on the Red Sea coast in the west, allowing Saudi crude to bypass the Strait of Hormuz, which has largely remained closed since the United States-Israel war on Iran began on February 28. As the world's second-largest oil producer, Saudi Arabia's ability to keep crude flowing has significant consequences for global energy markets.

Iran's oil exports through the Strait of Hormuz face a U.S. chokehold, while a drone attack on Saudi Arabia's East-West Pipeline and Houthi rebels at Bab el-Mandeb add pressure.

Did Iran capture a US submarine? Saudi Arabia has temporarily closed its critical East-West oil pipeline, a 1,200km (746-mile) conduit stretching across the Arabian Peninsula, after it was attacked by drones on Friday. The drones were reported to have been launched from Iraq, where an investigation is under way. No group has claimed responsibility for the strikes so far. It is understood that equipment used to operate the pipeline was also hit.

Is the war entering a new phase? Ukraine launched its deepest-ever attack into Russia, targeting two Arctic gas condensate facilities more than 3,000km (1,865 miles) from its border, on Wednesday, signalling that Ukraine has further developed its military capabilities as the Russia-Ukraine war continues through its fifth year. Unconfirmed videos circulating on social media show large clouds of thick, dark smoke and fire at the Novy Urengoy plant in western Siberia, recorded from a distance. Dmitry Artyukhov, the governor of the Yamalo-Nenets Autonomous Okrug region, wrote on Telegram that the drone attacks had been intercepted and "debris from the drone caused a fire upon impact". There have been no reports of deaths or injuries.

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