Cs news

A handout image shows the oil tanker Layla in Rotterdam, Netherlands, October 25, 2020. (Peter Heiden/Handout via REUTERS)

Oil markets are on edge again

For a few weeks this summer you could look at the oil price and forget the Iran war had ever happened. In June America signed a deal with Iran, waiving sanctions on its enemy’s oil exports in exchange for ships’ safe passage through the Strait of Hormuz. As tankers rushed to exit the Gulf, a…

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Sailors from the navy of Yemen's Aden-based internationally recognised government stand at machine-gun positions aboard a vessel patrolling a shipping lane off Hanish Island in the Red Sea on July 27, 2026. (AFP)

Houthis claim attack on Saudi oil infrastructure as US-Iran pause holds

Yemen’s Houthi rebels on Monday claimed responsibility for attacks on several Saudi oil facilities. The Iran-backed group said the strikes were carried out in retaliation for Saudi drone incursions into Yemeni airspace, Reuters reported. Sailors from the navy of Yemen’s Aden-based internationally recognised government stand at machine-gun positions aboard a vessel patrolling a shipping lane…

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In May the government announced the creation of a new spy agency, the Utrike underrattelsetjanst (und), or Foreign Intelligence Service. (UNSPLASH)

Sweden is launching its own MI6

As russia prepared to invade Ukraine in 2022, American and British intelligence agencies sounded the alarm. Yet some of their European counterparts were unconvinced. Among the sceptics was Sweden’s military-intelligence service, known as must, which had long prided itself on its expert knowledge of Russia’s armed forces. Along with spy chiefs in France and Germany,…

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