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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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Oman Hydrogen Projects Enter Execution Phase

Oman is moving rapidly from planning to execution in its ambitious green hydrogen program. The nation’s strategy, led by Minister of Energy and Minerals...

Iraq Strengthens Economy through Gas Flaring Reduction

Iraq is moving closer to ending gas flaring in its oil fields, a shift that is expected to transform the nation both economically and...

QatarEnergy Expands Egypt Exploration with North Cleopatra Block

QatarEnergy has secured a 27% participating interest in the North Cleopatra Block offshore Egypt. The agreement comes through a deal with Shell. Under the...

Reducing Oil Dependence Remains Kuwait’s Key Economic Challenge

Kuwait continues to rely heavily on oil dependence, according to the latest IMF assessment. The International Monetary Fund (IMF) analyzed the country’s economic and...

Iraq Oil Output to Reach 5.5 Million Barrels Daily by 2025

Iraq's oil output is set to increase significantly, as the country moves to expand production by the end of 2025. Oil Minister Hayan Abdul-Ghani...

Iraq Oil Exports Generate $7.1 Billion in August Revenues

Iraq's oil exports produced an estimated $7.1 billion in revenues during August, according to the country’s oil ministry. The announcement highlights the critical role...

Fuel Prices UAE October 2025 Update As Petrol And Diesel Rise

Fuel Prices UAE for October 2025 have been confirmed, and therefore, drivers should prepare for slightly higher costs. The new announcement highlights the continuous...

Iraq Resumes Kurdish Crude Exports, Strengthening Revenue and Economic Stability

Iraq has resumed crude oil exports from the Kurdish region to Turkey, ending a two-and-a-half-year halt. The agreement allows 180,000 to 190,000 barrels per...

Aramco Contracts Boost Offshore Investments 2025

Saudi Aramco has awarded over $6 billion in offshore oil and gas contracts so far in 2025, reinforcing its position as the world’s largest...

Petrol Prices UAE October Update

Global trends guide the adjustment as the UAE prepares for a minor shift in petrol prices this October. The petrol prices hold major importance...

Oil Falls as Iraq Kurdish Pipeline Set to Resume

Oil prices fell for a fifth straight session on Tuesday after Iraq and Kurdish authorities reached a preliminary deal to restart a major oil...

Kuwait Oil Capacity Hits Highest Level in a Decade

Kuwait’s oil production capacity has climbed to 3.2 million barrels per day, the highest level in more than 10 years. Oil Minister Tariq Al-Roumi...
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