Dozen Tankers Transfer Oil Offshore; Strait of Hormuz Flows Unchanged
A dozen oil tankers engaged in ship-to-ship operations outside the Strait of Hormuz kept crude flows steady, calming supply disruption fears and…
A dozen oil tankers engaged in ship-to-ship operations outside the Strait of Hormuz kept crude flows steady, calming supply disruption fears and…
Coinbase's Abu Dhabi license for tokenized securities positions the exchange to capture institutional demand in the Middle East, boosting its global footprint…
Adnoc’s $1.3 billion tanker purchase underscores booming UAE crude exports and long-term oil market optimism.
Iran's push for Hormuz shipping restrictions raises the specter of oil supply disruptions, sending crude prices higher and driving safe-haven demand for…
Iran and Oman’s agreement on the Strait of Hormuz shipping route lessens immediate supply threat for global oil markets, though skepticism about…
Shipowners flagged that Strait of Hormuz tolls would trigger broader shipping charges, tightening oil supply chains and injecting fresh geopolitical risk premium…
Oil slumps as a Hormuz reopening deal promises to restore safe passage and unwind the geopolitical risk premium.
BP announces sale of biogas business following profit boost from Middle East operations, signaling a strategic pivot to prioritize oil and gas…
Saudi Aramco's Q2 net income climbed 33% to $29.1 billion as oil prices spiked above $90 on supply fears from the US-Iran…
Gold prices remain rangebound as Middle East peace negotiations dampen demand for safe-haven assets and push back expectations for Federal Reserve rate…
Kuwait’s July oil output hit its highest since the Mideast war started, adding to global supply and pressuring crude prices amid fragile…
Turkey extends its Iraq oil pipeline deal by one year, ensuring continued Iraqi crude flows and reducing supply disruption risks for global…