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IRAN ATTACKS SAUDI ARABIA ENERGY
Man Industries bullish on Gulf after US-Iran truceIndian construction companies are set to gain from Middle East rebuilding. Man Industries acquired a Saudi Arabian firm, boosting its capac...
US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO Patrick Pouyanne tells French lawmakersTotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...
Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
FIFA World Cup 2026: Late equaliser from Araujo helps Uruguay play 1-1 draw against Saudi ArabiaIn an intense kickoff to the World Cup, Uruguay battled to a 1-1 draw against Saudi Arabia. Maximiliano Araujo struck a crucial equalizer i...
Saudi Arabia frustrate Uruguay with hard-fought World Cup draw in MiamiUruguay were held to a 1-1 draw by Saudi Arabia in a hard-fought World Cup encounter. Despite dominating possession and creating numerous c...
US-Iran deal could leave Gulf states in the lurch: analystsGulf nations face a precarious future after Iran's attacks. A new deal offers only a temporary reprieve, leaving them vulnerable to regiona...
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
India's trade with West Asia gradually improving: Commerce SecyIndia's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports als...
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
Oil Price Today (June 12): Crude oil hits 3-month low as draft Iran-U.S. pact signals Hormuz reopening, sanctions reliefOil prices dropped significantly, hitting a three-month low on Friday. Reports emerged of a potential deal between Iran and the United Stat...
Iran says no final decision made on deal that Trump hopes could be signed soonPresident Trump announced a potential peace deal with Iran, aiming to reopen the Strait of Hormuz to shipping this weekend. While Trump cla...
In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
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 ...
Saudi Arabia lifts 5-year ban on Lebanese imports, marking a thaw in Gulf-Lebanon tiesAfter a five-year hiatus, Saudi Arabia is reopening its market to Lebanese imports, a decision that stemmed from previous drug smuggling ap...
Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
Iran cannot have a nuclear weapon, it's a red line for US: Ambassador Sergio GorUS Ambassador to India Sergio Gor stated that Iran will never possess a nuclear weapon, calling it a "red line" for the United States. He c...