Forex Market News WTI Crude Plummets Below $98 as Saudi Arabia Hastens East-West Pipeline Repairs to Ease Middle East Supply Crunch September 16, 2026 Neng Nana GLOBAL COMMODITIES DESK — West Texas Intermediate (WTI) crude oil suffered a steep correction on Wednesday, tumbling nearly 3% to trade around the $97.90 per barrel mark. The sharp downturn…
Forex Market News Escalation in the Gulf: Saudi Air Defenses Intercept Houthi Drone Near Mecca as Regional Tensions Threaten Energy Markets September 16, 2026 Nana Muazin RIYADH/DUBAI — In a dangerous escalation of the ongoing conflict in the Arabian Peninsula, Saudi air defenses successfully intercepted and destroyed an explosive-laden drone launched by Yemen’s Houthi movement targeting…
