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TURMOIL IN ARAB WORLD
Why UAE left OPEC and what it means for global oil prices and supplyThe United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...28 Apr, 2026, 08.20 PM IST- Bessent says Gulf, Asian allies request swap lines, UAE and US would benefit from oneAmerica's Treasury Secretary Scott Bessent revealed that Gulf and Asian nations seek currency swap lines from the US. These requests aim to...23 Apr, 2026, 06.24 AM IST
- Iran pulling Hormuz 'lever' to maximum in US standoffIran has blocked the Strait of Hormuz, a vital global energy route. This move is Iran's main bargaining chip in potential peace talks with ...20 Apr, 2026, 09.49 PM IST
- A $19.50 oil premium: Saudi Arabia sets record crude price as Hormuz crisis rattles marketsSaudi Aramco has set a record premium for its crude oil sold to Asian buyers. This move comes as disruptions in the Strait of Hormuz impact...06 Apr, 2026, 12.12 PM IST
- Global Market | Vital oil benchmarks say a different storyAsian oil refiners are seeking alternatives to Middle East crude benchmarks due to war-driven price volatility that has detached from physi...30 Mar, 2026, 06.20 AM IST
- Dubai airport resumes some flights after drone attack exposes risksDubai International Airport is resuming flights after a drone attack caused a fire. This incident temporarily halted operations, impacting ...16 Mar, 2026, 05.11 PM IST
- Bangladesh ex-captain Aminul Islam new cricket board chiefAminul Islam, Bangladesh's first Test centurion, now leads the cricket board. He replaces Faruque Ahmed after his removal. Aminul, known as...31 May, 2025, 09.42 AM IST
- Ten years on, Tunisia is Arab Spring's only successEven so, recent popular movements that toppled leaders in Lebanon, Iraq, Algeria and Sudan have drawn inspiration from the uprisings.30 Nov, 2020, 12.59 PM IST
- Mideast debt, unemployment to spike in virus recession: IMF"The COVID-19 pandemic and the plunge in oil prices are causing significant economic turmoil in the region ... the impact could be long las...15 Apr, 2020, 05.01 PM IST
- UN chief Ban Ki-moon condoles Saudi King Abdullah's demiseBan Ki-moon today condoled the death of Saudi King Abdullah, saying he has left a "tangible legacy" that can still show the path towards pe...23 Jan, 2015, 10.52 AM IST
- 'Energy investments in Arab world to reach $685 bn in 5 years'Energy capital investments in the Arab world will total USD 685 billion over the next five years, according to a new report.31 Dec, 2014, 05.36 PM IST
- World in turmoil, but not because of Barack Obama, says John KerryThe US Secretary of State John Kerry today agreed that "the world is in turmoil" but that is 'not the fault of President Barack Obama'.20 Jul, 2014, 11.56 PM IST
- Gulf economies set to benefit as oil windfall drives spendingArab Gulf economies are set to benefit from large government spending programmes and high oil prices in the second half of the year.06 Jul, 2011, 11.11 AM IST
- Muslim Brotherhood seeks India help for polls in EgyptThe possibility of India helping out with Egypt elections was also raised by US secretray of state Hillary Clinton with foreign minister S ...28 Feb, 2011, 05.13 AM IST
- World Social Forum begins as turmoil strikes Arab worldTo a lesser degree, Algerian President Abdelaziz Bouteflika, is also faced with popular protest, as is the regime of his Yemeni counterpart...06 Feb, 2011, 05.55 PM IST
- Govt watching crude prices, will manage: PranabConcerned over a spike in crude oil prices in international markets due to turmoil in the Middle East, Finance Minister Pranab Mukherjee to...02 Feb, 2011, 01.18 PM IST
- Recession threatens Mideast oil exporters: IMFThe economies of Middle East oil producers are likely to suffer from a possible prolonged global recession as demand for the region's main ...10 May, 2009, 03.34 PM IST
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