Aramco ends eight-year downstream partnership with Malaysia’s Petronas
The Saudi state oil giant will transfer its equity stakes in the...
Strait of Hormuz
Iraq seeks IMF support as Iran war hammers West Asian nation
IMF financial assistance talks intensify as Iraq faces oil export disruptions and...
Egypt secures USD 1.5 billion loan for food and energy
Egypt has one of the largest bread subsidy schemes in the world,...
OPEC+ announces June oil output hike amid UAE exit
The UAE had long resisted production quota of OPEC+, as the Gulf...
British manufacturing faces pressure from Hormuz disruption
Since the beginning of the Iran war, shipping has been disrupted through...
Iran war exposes economic pressure on Trump administration
Iran war highlights economic pressure as rising inflation, energy shocks, and global...
Qatar’s economic engine under fire
Qatar’s LNG expansion, premised on gas as a bridge fuel through mid-century,...
Gulf oil giants adapt to Strait of Hormuz crisis
Aramco has reportedly offered more than four million barrels of Saudi crude...