Monday 02 - 09:52
An Iranian drone strike on Saudi Aramco’s Ras Tanura refinery has forced a precautionary shutdown at one of the world’s most important oil facilities, intensifying concerns over a wider regional conflict and global energy security. The attack ignited a limited fire that was brought under control, and there were no immediate reports......
The violence in Karachi formed part of widespread demonstrations across Pakistan and the Middle East that followed a US-Israeli military operation against Iran. The Pentagon named the February 28 action Operation Epic Fury. It killed Iran's Supreme Leader Ayatollah Ali Khamenei at his Tehran compound, along with senior officials, and struck......
Shipping data shows that at least 150 tankers, including crude oil and liquefied natural gas vessels, have been forced to anchor in open waters near the Strait of Hormuz. Dozens more remain stationary on the opposite side of the strategic chokepoint. The maritime congestion follows recent airstrikes by the United States and Israel on Iran,......
Airlines across the globe have canceled hundreds of flights to and from the Middle East following recent military escalations involving Iran, the United States, and Israel. The widespread disruption comes as several countries in the region temporarily closed their airspace, forcing carriers to suspend or reroute operations. According to aviation......
Clashes between Pakistani forces and Afghanistan's Taliban military entered a third consecutive day on Saturday, following overnight confrontations that have heightened international concern and calls for urgent dialogue. Pakistani strikes on Friday targeted Taliban military positions and installations, including locations in Kabul and......
Saudi Aramco has withheld its March 2026 crude shipment to a Pakistani refinery, reflecting tighter global supply patterns as sanctions and shifting demand reshape trade routes. According to industry sources cited by Pakistan Today, the state oil company has redirected volumes toward larger Asian buyers amid stronger demand from China......
Major Gulf producers increased oil exports ahead of U.S. and Israeli strikes on Iran, seeking to stabilize global markets in case of supply disruptions. Abu Dhabi National Oil Company (ADNOC) released additional volumes of Murban crude for April delivery, which lowered the grade’s spot premiums to under two dollars per barrel against......
Saudi Arabia has denounced what it described as brutal Iranian aggression following recent missile and drone attacks targeting several Gulf and regional countries. In a statement, the Ministry of Foreign Affairs said the strikes against the United Arab Emirates, Bahrain, Qatar, Kuwait and Jordan constituted a serious violation of national......
Cristiano Ronaldo has taken his first concrete step into club ownership by buying a 25 percent stake in Spanish side UD Almeria through his investment vehicle CR7 Sports Investments. The financial terms of the deal have not been made public, but the transaction is described by those involved as a long-term strategic move that broadens the......
Freight costs for transporting crude oil from the Middle East surged to their highest level in six years as exporters accelerated shipments while tensions escalate between the United States and Iran. The cost of chartering a very large crude carrier capable of carrying two million barrels from the Persian Gulf to Asia exceeded 170,000 dollars......
Türkiye and Saudi Arabia are preparing to sign the second phase of a 5-gigawatt renewable energy partnership at the upcoming COP31 climate summit in Antalya, marking a significant step in their expanding energy cooperation. The agreement will involve Türkiye and Saudi energy company ACWA Power, covering an additional 3 gigawatts......
For more than fourteen centuries, one of Islam’s most symbolically charged objects—the key to the Kaaba—has remained in the hands of a single lineage. The Bani Shaybah family, descendants of the Quraysh tribe, continues to serve as hereditary custodians of the sacred sanctuary in Mecca, preserving one of the longest uninterrupted......
Turkey and Saudi Arabia have signed a landmark agreement to build solar power plants with a combined capacity of 2,000 megawatts in Turkey, marking a significant step in energy collaboration between the two nations. The signing ceremony took place in Istanbul at an Ottoman-era palace overlooking the Bosphorus, following a $2 billion energy......
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