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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...
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Rising Gulf Tensions Heighten Concern Over Oil Flow Through Hormuz

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Iran Oil Crisis Could Push Prices to $100

Iran oil crisis is sending shockwaves through global energy markets as tensions escalate between Washington and Tehran. Traders are closely monitoring developments, fearing potential...
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Geopolitical Escalation Near Hormuz Raises Risk of Sharp Crude Price Spike

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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...

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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...

Iran Oil Crisis Could Push Prices to $100

Iran oil crisis is sending shockwaves through global energy markets as tensions escalate between Washington and Tehran. Traders are closely monitoring developments, fearing potential...

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QatarEnergy and Petronas Seal Historic LNG Partnership

QatarEnergy and Malaysia’s Petronas have finalized a landmark LNG partnership deal, marking a major milestone in global energy collaboration. This LNG partnership deal signals...

Türkiye and Saudi Arabia Seal Historic $2 Billion Solar Partnership

Türkiye has taken a decisive step in its energy strategy through a landmark solar agreement, highlighting strong regional cooperation and a growing commitment to...

Kurdistan Gas Strategy Sparks Global Investment Surge

Kurdistan’s gas strategy is transforming Iraq’s energy sector, signaling a shift in regional influence and investment patterns. It also highlights new deals that enhance...

Germany and Saudi Energy Cooperation Boosts Hydrogen and Green Initiatives

Germany and Saudi Arabia agreed to strengthen energy collaboration during German Economy Minister Katherina Reiche’s visit to Riyadh on Sunday. The move signals a...

Iraqi Oil Exports to US Drop Sharply in Latest Weekly Data

Iraqi Oil Exports to the US fell sharply last week, signaling changing trade patterns and supply adjustments in the global crude market.   To begin with,...

Iraq Cuts Oil Spending to Safeguard Budgets

Iraq’s oil sector cuts have started as the government plans urgent savings in 2026. Oil Minister Hayyan Abdulghani announced that upstream spending will drop...

UAE Projects Global Oil Demand Above 100 Million Barrels Per Day Through 2040

The UAE predicts that global oil demand will stay above 100 million barrels per day through 2040. Growing needs for energy and electricity will...

Kuwait to Build Power and Steam Plant in Ratqa

Kuwait Petroleum Corporation (KPC) signed an MoU with the Ministry of Electricity, Water and Renewable Energy and Kuwait Oil Company (KOC) to build the...

Iraq to Supply Chemchemal Gas to Industrial Clients by 2027

Iraq’s Chemchemal gas field will start supplying industrial clients in the Kurdistan Region in the second half of 2027. Consequently, the Chemchemal Gas Supply...

Saudi Arabia and Kuwait Advance Divided Zone Projects

Saudi Arabia and Kuwait strengthened cooperation on major Divided Zone Projects during a meeting in Al-Khafji, Saudi Arabia, on Sunday. Furthermore, the discussions highlighted...

Iraq Oil Revenues Cross $6 Billion in December

Iraqi oil revenues exceeded $6 billion in December, confirming the sector’s central role in national income. Iraqi oil revenues benefited from strong export volumes...

India-UAE $3 Billion LNG Deal Boosts Trade and Strategic Cooperation

India and the United Arab Emirates have agreed to a $3 billion LNG deal, marking a major milestone in India UAE Trade. The agreement...
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