World oil has a Houthi problem

If you've ever tried to force a full suitcase shut by sitting on it, you'll appreciate what the Houthis are now trying to do to global energy supplies.
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If you've ever tried to force a full suitcase shut by sitting on it, you'll appreciate what the Houthis are now trying to do to global energy supplies.
Read this story14 September

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IRAN
IRGC troops traded fire with a new Popular Fighters Front outfit for nine hours (!) near the Pakistani border earlier in the week, leaving several dead on both sides. (The Telegraph)
UNITED KINGDOM
The largest parties of Scotland (SNP), Wales (Plaid Cymru), and Northern Ireland (Sinn Féin) have signed off on a Cardiff memo declaring “Westminster’s time is coming to an end”, and “the future of our nations belongs in the European Union.” 🔥 (Politico)
FRANCE
France is now blocking a clean rollover of the EU’s Russia sanctions unless Alisher Usmanov — an Uzbek-born, Putin-adjacent metals billionaire — comes off the list. Paris seems to be trading sanctions relief for several French “spies” held in Usmanov-friendly Azerbaijan. (EuroNews)
CHILE
Thousands have marched on the 53rd anniversary of Pinochet’s 1973 coup, both to honour his dictatorship’s victims, and to protest against conservative President Kast cancelling the commemoration for the first time since democracy’s 1990 return. Police detained hundreds after clashes. Touring flood damage in the south, Kast said “I cannot erase history”. (AFP)
CHINA
The head of Beijing’s MSS intelligence agency, Chen Yixin, has used an essay in a Party journal to warn that foreign AI models (he name-drops Claude and GPT) could threaten Party rule. In response, he’s demanding tighter Party control over the industry. (SCMP)
INDONESIA
With more than 100 people still missing after another passenger ship capsized in the Java Sea, it’s reviving a lingering political debate around the state of infrastructure in this boat-dependent archipelago. (Al Jazeera)
NIGERIA
Africa’s most anticipated IPO is finally here, with local oil giant Dangote hoping to raise as much as $2.1B with the sale of a ~3% stake. Interest has already overwhelmed two popular Nigerian investment platforms. (Punch)
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