Image used for representative purposes An Iranian missile strike targeted Israel’s northern port city of Haifa on Thursday, hitting oil refineries, though officials said the impact was limited.Israel’...
File photo: US treasury secretary Scott Bessent (Picture credit: AP) The Trump administration is considering lifting sanctions on around 140 million barrels of Iranian oil currently stranded on tanker...
The Centre has classified key energy data as a matter of national security and directed all entities across India’s oil and gas value chain to submit detailed operational information, as the governmen...
Gulf on Edge: UAE Condemns Missile Attack on Habshan and Bab Field Amid Iran vs US-Israel War The United Arab Emirates has issued a strong condemnation of what it described as a “terrorist attack” by ...
Driving the news The US-Iran war is driving a sharp and politically dangerous oil shock, but one of the biggest ironies of the conflict is that it is enriching both Tehran and Moscow.As Iran attacks G...
Oil prices extended their gains as the Middle East conflict intensifies and Strait of Hormuz continues to see disruption, fueling fears of supply disruptions in global markets. On Tuesday, Brent crude...
Oil prices surge 40% during Middle East crisis: How it may impact petrol prices in the UAE / Image: file While the Gulf region sits atop some of the world’s largest oil reserves, the prices we pay at ...
Oil prices climbed further on Monday after the US administration signalled that the Middle East crisis may persist for several more weeks, raising concerns over prolonged disruptions to global energy ...
Amid the ongoing conflict in the Middle East, the United States has upped the ante against Iran by carrying out heavy airstrikes on Kharg Island — Iran’s economic lifeline and a strategic ...
Iranian foreign minister said on Saturday that the Strait of Hormuz remains open to all countries except its “enemies”- United States and Israel- following US airstrikes on its Kharg Islan...