Iraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...

Combined Russian and Ukrainian wheat exports are estimated to end up at roughly half what they were last year for the July to September har...

Yemen's Houthi group now controls the vital Bab el-Mandeb Strait. This group evolved into a formidable fighting force with Iranian support....

India-Russia Rail Link: Russia is investigating innovative overland rail routes to connect with India, seeking to lessen reliance on mariti...

Dozens of vessels navigate the Bab el-Mandeb Strait despite Houthi rebel threats. Growing uncertainty forces ships to alter courses and exe...

Persian Gulf nations are preparing to raise more debt to fund ports, pipelines and transport links that reduce reliance on the Strait of Ho...

Bahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers,...

As nations surrounding Iran pour billions into new pipeline networks, the significance of the Strait of Hormuz as an oil transit route is r...

The ongoing conflict in the Middle East is wreaking havoc on crucial medical supply chains to the Gulf region. Life-saving medications that...

To address the trade imbalance from India's Ural crude purchases, they consider local currency, yuan, and cross-border investments. Western...

The most commonly cited motive has to do with energy security, that is, as insurance against a blockade of the Strait of Malacca, a crucial...

The G7 price cap on Russian oil exports has pushed up benchmark crude prices marginally. This is being aided by a decision by the Organisat...

With prices high and accommodation options limited in Doha, Qatar's Gulf neighbours are expected to soak up an overflow of fans, organising...

Pakistan wants to attract investment and other financial support to tackle a soaring current account deficit caused partly by rising oil pr...

Chabahar port, located in the Sistan-Balochistan Province on the energy-rich Persian Gulf nation's southern coast, lies outside the Persian...

China and India "can jointly bid for contracts to acquire and develop overseas oil and gas resources," an article in the state-run Global T...

Apparently perceiving international sentiment for tightening sanctions on Iran, India has been reducing its dependence on Iranian oil, CRS ...