Middle East4 months agoOil Tankers Go Dark to Exit the Strait of HormuzThree supertankers laden with crude oil successfully exited the Strait of Hormuz last week, carrying Iraqi and Emirati oil, Reuters…
Middle East4 months agoOil prices flat as Trump’s plan for Strait of Hormuz fails to calm marketBrent crude is largely unmoved by Trump’s announcement of the operation, dubbed ‘Project Freedom’. Oil prices have failed to ease…
Middle East4 months agoJP Morgan: UAE Could Attract More U.S. Investment After OPEC ExitThe United Arab Emirates (UAE) could attract more U.S. investment after the exit from OPEC as the country would be…
Middle East4 months agoWorld Bank forecasts 24% surge in energy prices in 2026 due to Middle East warEnergy prices are expected to surge by 24% in 2026 to their highest level since Russia’s full-scale invasion of Ukraine…
Middle East4 months agoAll the alternative routes for Middle East oil and gas to bypass the Strait of HormuzThe U.S.-Israeli war with Iran has disrupted shipping through the Strait of Hormuz, with only three vessels passing the waterway…
Middle East5 months agoOil prices plunge 11% after Iran says Strait of Hormuz is open for commercial vesselsThe S&P 500 and the Nasdaq both hit record highs. But questions remain about how the strait will be administered,…
Middle East5 months agoOil Prices Surge After U.S. Seizes Iranian Vessel Near HormuzOil prices climbed sharply in early Asian trade on Monday, as the U.S. Navy intercepted an Iranian vessel it accused…
Middle East5 months agoIEA Chief Says Oil, Gas Recovery Could Take Two Years After War DamageIt could take up to two years to restore a meaningful share of oil and gas production lost in the…
Middle East5 months agoSaipem wins $400 million Aramco offshore EPCI contracts at Safaniya fieldSaipem has been awarded two offshore contracts by Aramco worth a combined $400 million to support development work at the…
Middle East5 months agoIran Showing Signs of Capitulating Over Strait Of HormuzIran may halt its own oil shipments through the Strait of Hormuz for several days. Tehran is weighing a short-term…
