Various-Oil Prices/Middle East
Various-Oil Prices/Middle East
Dateline : Sept 14, 2026/Recent/File
Location : Various
Duration : 1'11
FILE: Strait of Hormuz - May 23, 2026 (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
1. Various of cargo ships at sea
Tehran, Iran - Aug 24, 2026 (CCTV - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
2. Various of national flag of Iran; traffic
FILE: Riyadh, Saudi Arabia - December 2022 (CGTN - No access Chinese mainland)
3. Aerial shots of national flag of Saudi Arabia; cityscape; traffic
FILE: Kharg Island, Iran - 2016-2018 (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
4. Various of oil storage tanks, flame at oil refinery, facilities
FILE: Saudi Arabia - Date Unknown (CCTV - No access Chinese mainland)
5. Various of workers at oil refinery
FILE: Bab Oilfield, UAE - 2023 (CGTN - No access Chinese mainland)
6. Various of oil field facilities, pipelines, flame
International oil prices saw a significant increase on Monday, with gains of over two percent, driven by escalating tensions in the Middle East that have raised market fears regarding energy supplies.
As of 18:30 Beijing time, light crude oil futures for October delivery on the New York Mercantile Exchange rose by 2.61 percent, while November delivery Brent crude oil futures in London increased by 2.83 percent.
The primary catalyst for this price surge is the ongoing escalation of conflict in the Middle East. Following U.S. President Donald Trump's remarks on Sunday regarding potential actions against Iran and the possibility of controlling its oil, Iran reported that it had shot down a U.S. military drone over the Strait of Hormuz the next day.
Additionally, on Friday, Saudi Arabia announced the shutdown of its East-West Pipeline as a precautionary measure after it was subjected to multiple attacks a day earlier. The Saudi Ministry of Energy confirmed that these attacks targeted the pipeline in the country's central Riyadh region and western Medina region, causing several injuries.
Saudi Arabia has invested heavily in the East-West pipeline, which carries crude oil from its eastern fields to the Red Sea port of Yanbu, bypassing the Strait of Hormuz.
ID : 8499210
Published : 2026-09-15 09:25
Last Modified : 2026-09-15 16:09:12
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : See shotlist
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