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Kuwait Triggers Force Majeure as Regional Conflict Escalates

Global energy shock risks reached a critical level as the Kuwait Petroleum Corporation (KPC) declared force majeure on its group operations. The state-owned giant...

Iraq’s Oil Fields Shut Amid War Escalation, Global Markets on Edge

Global oil supply experienced a significant disruption on Monday as multinational energy corporations initiated emergency evacuations from southern Iraq. Major service firms, including Halliburton,...

Dubai Airport Resumes Operations Amid Middle East Conflict, Flights Gradually Restart

Dubai Airport open status remains a focal point for global travelers as the hub restores its flight schedule. Operations at Dubai International Airport resumed...

Qatar Strengthens Strategic Reserves Amid Regional Tensions to Protect Supply and Prices

Strategic reserves remain under close government oversight as regional tensions continue to impact the Gulf. Sheikh Faisal bin Thani bin Faisal Al Thani visited...

Saudi Arabia Offers Rare Spot Crude Amid Hormuz Freeze

Global oil crisis conditions worsened Monday as Saudi Arabia took the unusual step of offering crude on the spot market. This move follows the...

Bahrain’s Bapco Halts Operations After Major Strike

Global energy crisis concerns reached a breaking point Monday after Bahrain’s state-owned oil giant, Bapco, declared force majeure. This rare legal move follows a...

Oman Air Halts Flights to Nine Regional Cities

Oman Air cancellations now impact thousands of travelers as the carrier responds to the widening closure of regional airspace this week. The national airline...

Weekly Oil Exports to the U.S. Dip as Iraqi Shipments Fall, EIA Data Shows

Weekly oil exports recently dipped as the United States adjusted its global energy intake from major partners. New data from the U.S. Energy Information...

Qatar Government Approves 70% Remote Work for Eligible Employees

Remote work policy remains a cornerstone of the current operational strategy for the nation. The Secretariat General confirmed on Sunday that government entities will...

Qatar Airways Operates Limited Flights Amid Restricted Airspace

Qatar Airways operations face significant hurdles as the carrier navigates a restricted and temporary flight schedule this week. The Qatar Civil Aviation Authority recently...

Saudi Ports and Suez Canal Authority Explore Strategic Cooperation in Dredging and Logistics

Saudi Arabia and the Suez Canal Authority are strengthening regional maritime cooperation through a broader partnership. The collaboration aims to enhance port operations, shipbuilding,...

Iraq Gold Markets Spark Interest as Prices Climb in Baghdad and Erbil

Iraq's gold markets drew strong attention on Monday as prices climbed steadily in Baghdad and Erbil. Early trading showed renewed momentum, prompting buyers and...
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