Oil prices increased sharply on Monday, with Brent crude rising to $107.54 per barrel after new strikes hit Saudi Arabia’s energy infrastructure and ships were targeted near the Strait of Hormuz. The attacks include a drone strike that temporarily shut down a key Saudi pipeline, potentially affecting up to 4% of global oil supply. Additionally, Iran reported an attack on one of its commercial vessels in the Gulf, escalating concerns over maritime safety and fuel supplies through strategic waterways like the Strait of Hormuz and Bab el-Mandeb strait.
Written by the local model on 2026-09-14,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
On September 14, Ukrainian President Volodymyr Zelenskyy stated that Ukraine is ready to halt strikes on Russia if its partners ensure Moscow will refrain from hitting Ukrainian energy facilities and infrastructure. However, Zelenskyy expressed doubt about Russia's willingness to adhere to any agreement, emphasizing the need for a reliable long-term deal with real impact on people’s lives.
The day before, US President Donald Trump claimed that Ukraine and Russia had agreed not to hit each other's energy targets in an effort to mitigate rising global fuel prices. Zelenskyy later clarified that Ukraine was willing to reciprocate but needed assurances from "partners," likely referring to the U.S., that Russia would genuinely refrain from striking Ukrainian critical infrastructure.
Meanwhile, the Kremlin welcomed Trump’s call on Ukraine to halt strikes on Russian diesel facilities, with Kremlin spokesman Dmitry Peskov stating that any such call could be welcomed. However, he also noted that the upheaval in global energy markets was mainly due to conflicts in the Gulf region rather than the Russia-Ukraine war.
As tensions escalated and fuel prices soared past $6 per gallon, Trump's claims were met with skepticism from both Ukrainian and Russian sides, with no official confirmation of an agreement as of September 14.
Written for “Ukraine Russia Energy Strikes Trump” on 2026-09-14,
grounded in this article and the 31 other(s) covering the same event.
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No political leaning scored for article 8882 · logged 2026-09-14
Oil prices rose about three per cent on Monday, after new strikes on Saudi Arabian energy and civilian infrastructure and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline.
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strikes → rise → pipeline
Brent crude futures climbed $2.93, or 2.8pc, to $107.54 per barrel at 0700 GMT (12pm PKT).
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futures → climb → GMT
WTI futures gained $2.88, or 2.9pc, to $102.93 per barrel.
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futures → gain → barrel
“This follows a step-up in attacks on Saudi Arabian energy infrastructure, including targeting the crucial East-West pipeline,” said ING commodity strategists, though they noted it was unclear how severe any potential damage was or how long the pipeline would be out of action.
uncertain
pipeline → follow → action
Saudi Arabia’s East-West oil pipeline was temporarily shut following a drone attack, according to Saudi officials.
uncertain
pipeline → shut → officials
The shutdown of the pipeline, which helps Saudi Arabia avoid the Strait of Hormuz and re-route its exports
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Arabia → help → exports
With the pipeline out of service, the port of Yanbu on the Red Sea has enough inventory to cover just five to seven days of exports, according to three industry sources familiar with Saudi Arabia’s exports.
uncertain
port → have → exports
Saudi Arabian state media on Sunday released video footage of damage to homes and a mosque from what it said was a Houthi attack on the country’s southern Jazan province.
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it → release → province
The Houthis said they had also struck a Saudi military base in a neighbouring province.
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they → say → province
Meanwhile, a vessel in the Strait of Hormuz was struck by a projectile, causing a fire and forcing the crew to evacuate, the British maritime security agency UKMTO said on Sunday.
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agency → strike → Sunday
Iran said one person was killed and four crew wounded aboard an Iranian commercial vessel struck off its coast.
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crew → say → coast
Yemen’s Houthis reached the strategic island of Perim on Friday, moving to tighten their control over the Bab el-Mandeb strait, another key oil transit lane that has been carrying 4pc to 5pc of global supply in recent months.
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that → reach → months
Oil surged 8pc higher last week due to the disruptions, rising above $100 for the first time since July.
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Oil → surge → July
Omani Foreign Minister Badr Albusaidi said on X on Sunday that a scheduled Monday meeting in Oman between Gulf countries and Iran to discuss the Strait of Hormuz had been postponed.
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meeting → say → Hormuz
No peace talks have been held on the war, launched six months ago by the United States and Israel, since an interim agreement in June collapsed.
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agreement → hold → June