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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...

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...

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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Iraqi Crude Exports Surge to the US

Iraq’s crude oil exports to the United States have surged past 200,000 barrels per day (bpd), reflecting growing energy trade and stronger market ties....

National Gas Plans LNG Investment to Cut Emissions in Oman

Oman’s National Gas Company is evaluating a major low-carbon expansion plan. Oman LNG investment plans now shape a strategic shift toward cleaner fuel solutions. The...

UAE and US Drive Clean Energy Advances

Platinum hydrogen systems are gaining momentum in the UAE and US, driving new clean energy opportunities worldwide. Furthermore, Africa is positioning itself as a...

US Moves Venezuelan Oil Revenue to Qatar Account After Initial Crude Sales

The Venezuelan oil sales now sit at the center of a major geopolitical and energy development involving the United States and Qatar. US authorities...

Bahrain: TotalEnergies and Bapco Energies Launch BxT Trading to Boost Regional Oil Market Presence

TotalEnergies and Bapco Energies have officially launched BxT Trading, a joint venture designed to transform petroleum product trading in the Middle East. As a...

Kuwait Launches Oil Sector Digital Transformation to Boost Efficiency

Kuwait has officially launched a comprehensive oil digital transformation, aiming to enhance efficiency, competitiveness, and profitability. The initiative includes 24 initial digital projects, with...

Greece-Owned Oil Tanker Freed After Two-Year Captivity Near Oman

The Greece-owned oil tanker St Nikolas was reportedly released near Oman’s coast after two years in Iranian custody, raising attention amid rising US-Iran tensions....

Saudi Arabia’s Maaden Gold Resources Surge by 7.8 Million Ounces

Saudi Arabia’s Maaden has added 7.8 million ounces of gold to its mineral resources, significantly strengthening its global position. As a result, the expansion...

Saudi Industrial Output Posts Strongest Growth Since Early 2023

Saudi Arabia recorded its strongest industrial production growth since early 2023, signaling renewed momentum in the Kingdom’s energy-led economy. Official data showed the Industrial...

ADNOC Greenlights SARB Deep Gas Project to Power 300,000 Homes

ADNOC has approved the Final Investment Decision for the SARB Deep Gas Development within the Ghasha Concession. Importantly, the decision strengthens UAE energy security...

TotalEnergies, Eni, and QatarEnergy Sign Lebanon Gas Deal

Beirut, Lebanon – January 12, 2026 – Lebanon's gas deal has reached a crucial milestone as TotalEnergies, Eni, and QatarEnergy signed a joint agreement...

Kuwaiti Experts Downplay Venezuela Oil Risks for Global Market

Kuwaiti oil experts say recent events in Venezuela are unlikely to disrupt global oil markets in the short or medium term. Even after the...