News

China’s growing engagement in the Middle East—heightened by the recent escalation of conflict in Gaza—has drawn significant ...
Azerbaijan to export 1.2 billion cubic meters of gas to Syria annually via Türkiye Azerbaijan's state oil company, SOCAR, has ...
Pakistan's largest refiner Cnergyico will import 1 million barrels of oil from Vitol in October, Cnergyico's Vice Chairman ...
Asian imports of US West Texas Intermediate crude are set to increase due to rising Middle Eastern crude prices, reduced ...
By Florence Tan, Arathy Somasekhar and Siyi Liu SINGAPORE/HOUSTON (Reuters) -Asia is expected to step up imports of U.S. West Texas Intermediate crude in the fourth quarter after Middle East oil ...
Two major reasons have contributed to this threat. First – US President Donald Trump has announced a 25% tariff on Indian ...
The consequences of the increasingly urgent hostilities between Israel and Iran are multifold—humanitarian, geopolitical, and so on. If the situation deepens, it could also have important implications ...
Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. But don't expect a repeat of the ...
The Threat To Middle East’s Oil Wealth At the current pace of fiscal reforms, income, and spending, the six oil producers will see their current US$2-trillion wealth exhausted by 2034, the IMF said.
Whether through traditional energy dominance or modern tech revolutions, the richest cities in the Middle East have long been ...
The Middle East has half the world’s oil but it won’t be able to help much as Europe tries to find a replacement for Russian crude.
The Ukraine war is wreaking havoc on the world economy, but in the Middle East its impact hasn’t been so grim for everyone. Gulf oil producers are seeing billions of dollars added to their ...