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.

'My rent was higher than my student loan' - the booming cost of private halls You don't have to walk far in any university city before spotting some form of private Purpose-Built Student Accommodation (PBSA). These large blocks of student housing are springing up in cities across the UK, yet rents continue to soar and young people studying at university say they're still finding it difficult to secure a place to live. The increase in PBSA has predominantly been driven by private companies, with many developments targeting more affluent international and postgraduate students, who industry experts say are becoming increasingly important to the sector. Developers say they are meeting a market demand but campaigners argue that they are too expensive for most Scottish students and more affordable housing should be being built instead. Twenty-year-old Lara Reader told the BBC that when she applied for student accommodation at Edinburgh University she did not expect to be allocated the most expensive option on her list.

Global energy prices have spiked alarmingly again, driven largely in recent days by the escalating conflict between Yemen's Houthis and Saudi Arabia causing chaos for the oil industry. Petrol and diesel costs have risen rapidly in most countries while the wholesale price of natural gas - used for heating homes and generating electricity - has almost doubled in the UK and Europe since July. There are growing concerns of another inflationary shock on the world economy, which could cause interest rates to rise, increase mortgage costs and raise the price of almost everything in the shops including food. So what is behind this latest surge - and what are the implications for the world economy? The global oil price is currently above $108 (£80) per barrel, up from $70 (£52) in June 2026 - a roughly 50% increase.

Mohammed bin Salman (R) has asked Donald Trump (L) for more military support to counter the Houthis. The U.S.-Iran war has reached crisis point for Saudi Arabia and its de facto leader, Crown Prince Mohammed bin Salman. The kingdom was spared the worst of the Islamic Republic's counterstrikes against the U.S. and Israel early in the conflict, and was even benefiting from higher crude prices as it used a land pipeline to bypass the Strait of Hormuz. That all changed when the Houthis started firing at Saudi Arabia on a near-daily basis this month. The Iran-backed militants have also captured more territory in Yemen, where they are based, tightening their control over Bab el-Mandeb, another vital strait for shipping and energy markets.

For decades, one of Canada's biggest selling points to foreign investors was its access to the world's largest economy next door. Prime Minister Mark Carney is now trying to sell something bigger -- to bet on Canada itself. The invitation-only meeting will bring some of the world's largest pension and sovereign wealth funds and asset managers together with corporate executives, Canadian premiers and federal officials. Carney, a former central banker with deep ties to the global investment world, wants them to put money into everything from mines and pipelines to ports, artificial intelligence and advanced manufacturing. It is part of a much bigger push to catalyse $1 trillion in investment in Canada over the next five years, with about $280bn in public investment and government incentives to help draw in private and institutional capital.

Did Iran capture a US submarine? Iraq has closed some border crossings with Iran while investigating drone attacks on Saudi Arabia's East-West oil pipeline that it confirms were launched from its territory. The Iraqi government temporarily closed three of its crossings into Iran after drone launch sites were discovered in the country, an Iraqi security source told Al Jazeera on Saturday. He said that Iraq had primarily ordered the closure of the crossings over fears that the perpetrators of attacks could flee to Iran. Hewson also said the al-Tayyib border area of the southeastern province of Maysan had been shut after drone launchers were discovered there, and a search operation was under way.

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.

Saudi Arabia has closed a critical oil pipeline after it was attacked by drones launched from Iraq, as conflict in the Middle East widens. Iraq said it had fired a military commander and launched an investigation after admitting the drone attack on its neighbour's East-West pipeline had originated in one of its provinces bordering Iran. The 1,200km (745 mile) pipeline has helped Saudi Arabia - the world's largest crude oil exporter - bypass the Strait of Hormuz. The incident comes amid a major advance by the Iranian-backed Houthi rebels in Yemen, putting more pressure on global oil shipping routes as the US-Iran war stretches into its seventh month. Riyadh on Friday said it had shut the pipeline as a precaution, as satellite images of scorched ground and smoke near the site emerged.

Chevron and Williams are big winners in the race to power artificial intelligence as they build out gas-fired power plants and pipelines. It's been a banner year for oil and gas companies. Some of the world's biggest oil giants have announced billions of dollars in quarterly profits over the past two weeks, boosted largely by the soaring price of oil thanks to the conflict in the Middle East. But the artificial intelligence boom is also giving fossil fuel companies a new industry to sell their gas, pipelines, and power plants to: data centers . Two American oil and gas companies, Williams and Chevron, are presenting that demand to investors as a huge win.

Check your subscription status, update your details and more. Drug development must change too. In this New Scientist CoLab podcast, experts from global life sciences leader Cytiva explain the hidden, high-stakes science of purification that is required to close the gap between drug discovery and the pharmacy shelf. Artificial intelligence and big data are flooding discovery pipelines with high-potential drug candidates, but this rapid innovation has created a new challenge. Simply put, our capability to design miracle molecules is vastly outstripping our technology to mass-manufacture them safely for the global public.