Yemen's Iran-aligned Houthis said on Monday they had ‌attacked Saudi Arabia's East-West crude oil pumping stations, as rising hostilities choke oil supplies and threaten to erupt into a larger conflict.

A fire was detected on FIRMS coinciding with this at Pumping Station 3, 23.959⁰ N 40.054⁰ E.

That specific pump station was hit previously in September, leading to a fire which burned for 13 hours.

So pathetic.

https://www.israelhayom.com/2026/10/26/saudi-arabia-reportedly-offers-houthis-1-billion-in-iran-brokered-deal-to-halt-attacks/

Oil spills looking bad , and likely gunna get worse

In my opinion, this is a move which will have impact in the longer run. Alongside building pipelines, Saudi seems to be diversifying its reliance on BAM by storing oil aboard

SINGAPORE, Oct 26 (Reuters) - Saudi Arabia plans to store crude oil at Singapore's Jurong Rock Caverns ‌from the second half of 2027 to strengthen supply security in the region, energy ministers from both countries said on Monday.

Oil prices tumbled on Monday morning as diplomatic efforts to calm the Iran war gathered pace and US President Donald Trump said he was weighing a deal with Tehran.

In an interview with Fox News on Sunday, Trump framed multiple new statements as a choice asking, "do I make a deal with them, or do I finish them off?"

In regards to the attacks:

“Do you really think I would tell you that? Maybe tomorrow… There’s a possibility I will. There’s also a possibility we’ll have a nice, big, beautiful agreement. They tell me they want to make a deal, but the problem is, will they hold the deal?”

“Now, my question is, do I make a deal with them, or do I finish them off?”

This morning Pre-market:

“I have a big decision to make today: Do I finish them off, which would be very easy to do, we could do it swiftly. Or do I make a deal? That’s all.”

“Remember we now control the Hormuz Strait. We own the oil and they get nothing. We get everything. They get nothing.”

Oil supply risks have not gone away as the Houthis said they struck Saudi airports and new oil energy sites again over the weekend, while Riyadh reported shooting down further missiles and drones.

President Trump referenced that Gulf crude exports, excluding Iran, returned to pre-war levels this month, according to the ship-tracking firm, but around 40% of them now bypass the strait through pipelines, compared with 17% before the conflict.

https://ca.finance.yahoo.com/news/oil-drops-near-six-month-080850413.html

https://www.reuters.com/business/energy/oil-prices-down-almost-1-early-trading-2026-10-25/