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Oil Shock Rattles Global Markets as Middle East Tensions Escalate

Oil shock impact hit global markets this week as tensions in the Middle East intensified. Investors in Asia sold off tech stocks sharply. Meanwhile,...
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Global Shipping Faces Rising Costs and Uncertainty Amid Gulf War Risk

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Rising Gulf Tensions Heighten Concern Over Oil Flow Through Hormuz

Strait closure risk dominates global energy discussions as tensions rise in the Gulf. Consequently, oil flows and trade routes face growing uncertainty. Meanwhile, governments...
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Iran Oil Crisis Could Push Prices to $100

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Oil Shock Rattles Global Markets as Middle East Tensions Escalate

Oil shock impact hit global markets this week as tensions in the Middle East intensified. Investors in Asia sold off tech stocks sharply. Meanwhile,...

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Oil Shock Rattles Global Markets as Middle East Tensions Escalate

Oil shock impact hit global markets this week as tensions in the Middle East intensified. Investors in Asia sold off tech stocks sharply. Meanwhile,...

Global Shipping Faces Rising Costs and Uncertainty Amid Gulf War Risk

War risk shock is rippling through global energy markets as insurers retreat from Gulf waters. Shipowners now face soaring costs and rising uncertainty. War...

Rising Gulf Tensions Heighten Concern Over Oil Flow Through Hormuz

Strait closure risk dominates global energy discussions as tensions rise in the Gulf. Consequently, oil flows and trade routes face growing uncertainty. Meanwhile, governments...

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UAE Port Sees Drop in Refuelling as Tensions Rise

Fujairah, one of the UAE’s most critical maritime hubs, has seen a noticeable slowdown in refuelling activity this year. Bunker fuel sales at the...

Oman Attracts $79.6 Billion FDI as Oil and Gas Drive Growth

Oman foreign investment rose sharply to $79.6 billion in early 2025, reflecting strong international confidence in the country’s economic potential. This surge comes as...

Iraq Basrah Crude Prices Rise Despite Global Oil Slump

Oil markets faced a global decline, yet Iraq Basrah crude prices moved in the opposite direction. On Tuesday, both Basrah Medium and Basrah Heavy...

KBR Strengthens Operations with New Agreement in Iraq

The Iraq oil project at Majnoon has gained fresh momentum as KBR extended its engineering, procurement, and construction management (EPCM) contract. This two-year renewal...

Iraq Enforces New Rules on Kurdish Oil Delivery

The Iraq Kurdish oil agreement advanced as Prime Minister Mohammed Shia Al-Sudani’s Cabinet approved decisive measures to resolve disputes. This move strengthens Baghdad’s authority...

Oman Fuel Storage Expansion Boosts Strategic Energy Reserves

Oman continues to strengthen its energy security through major fuel infrastructure investments. These efforts focus on expanding Oman fuel storage capacity across key regions....

Iraq Oil Infrastructure Faces Drone Strike Damage

A drone attack has damaged vital oil infrastructure in Northern Iraq, creating new fears for energy security. The strike targeted the Ain Safni oilfield...

Iraq Hamrin Oil Field Deal Signed with HKN Energy

Iraq’s Ministry of Oil has secured a new deal with HKN Energy to develop the Iraq Hamrin oil field. This agreement strengthens Iraq’s efforts...

Qatar LNG Expansion Strengthens Global Energy Position

The Qatar LNG expansion continues to reinforce its position as a global energy leader while driving sustainable economic growth. The country’s diversification strategy is...

Iraq Oil Exports Talks Gain Momentum as APIKUR Supports Renewed Efforts

The Association of the Petroleum Industry of Kurdistan (APIKUR) welcomed the intensified Iraq oil exports talks between the Kurdistan Regional Government (KRG) and the...

UAE Oil Capacity Increase May Happen After 2027

The UAE oil capacity increase could take place beyond 2027 if global demand requires it, according to Energy Minister Suhail Mohamed Al Mazrouei. His...

Iraq Energy Partnership Grows with Russia’s New Agreements

Iraq's energy partnership with Russia is gaining momentum as both countries strengthen their collaboration in the oil and gas sector. This strategic alliance supports...
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