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UAE to unlock billions of dollars for Iran, sources sayUS-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....
Trump’s Iran deal slowed by couriers in complex peace processDespite President Donald Trump repeatedly saying a US-Iran deal is near, negotiations remain slow and uncertain. Talks rely on indirect cha...
UAE and Iran conduct first face-to-face meeting to try deescalating Middle East tensionsUS-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
US, Iran appear far from peace deal 100 days since war beganTensions rise as US and Iran struggle for an interim deal. Fresh attacks test a fragile ceasefire. Frozen Iranian assets and the Lebanon co...
Pakistan's interior minister is in Tehran as the US downs more Iranian drones over HormuzPakistan's interior minister is in Tehran to revive Iran-U.S. negotiations. This comes as U.S. forces downed Iranian drones near the Strait...
Strait of Hormuz: Iran-U.S. war is far from over. Here's whyIran’s Revolutionary Guard said it had targeted the Ali Al Salem air base, which hosts U.S. forces in Kuwait, and the U.S. Navy’s 5th Fleet...
As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...
A new exchange of fire with Iran tests fragile ceasefireTensions flare as Iran launches missiles and drones towards Bahrain and Kuwait. These attacks were intercepted. The US responded by strikin...
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
UAE nuclear plant attack 'serious compromise of nuclear safety': IAEAThe head of the International Atomic Energy Agency has declared a recent drone attack on the Barakah nuclear plant in the UAE a serious com...
Quarter of big oil tankers trapped by Iran war have escapedTwenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation...