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Oil prices rose slightly Monday morning following hopes that a consensus can be reached on oil production, following this summer's huge oil production.
An agreement to slash oil production has seen prices have drastically increase, with hope from Gulf states that the end of a oil glut is finally at an end.
Houthi rebels in Yemen have received a dozen advanced military boats and other supplies from Egypt over the past few months, a senior Yemeni official has told °®Âþµº.
Iran's Bijan Namdar Zanganeh said "it is necessary for all companies and installations of the oil industry to be on full alert," in a statement published on Sunday.
The commander of Iran's Revolutionary Guards warned any country that attacks the Islamic republic will see its territory turn into the conflict's 'main battlefield'.