Keywords: Oil
The United Nations Secretary-General has expressed serious concern regarding recent US airstrikes on a key oil port in Yemen that reportedly resulted in 80 deaths and 150 injuries, according to Houthi sources. The port of Ras Issa and nearby areas were targeted by American forces on April 17 and 18,......
The International Energy Agency (IEA) has revised its global oil demand growth forecast for 2025, citing "escalating trade tensions" linked to U.S. tariffs. After a period of relative calm, global oil markets have been shaken by a wave of tariff announcements in early April, according to the......
Oil prices have fallen to their lowest levels in four years as escalating trade tensions between the United States and China create alarming fears over the global economy. The latest developments were triggered by Washington's implementation of extensive new tariffs, which have reverberated across......
The National Customs Brigade has ramped up efforts in collaboration with the Royal Gendarmerie to dismantle a network specializing in the counterfeiting of motor oils and spare parts in several peripheral areas of Casablanca, including Lahraouiyine, Bouskoura, and Sidi Hajjaj. This network has converted......
British company Predator Oil & Gas has announced unexpected gas discoveries at the MOU-5 well, located in the Guercif region of eastern Morocco. This development opens exciting prospects for the future of the kingdom's energy industry. The findings, achieved following successful drilling operations,......
The Spanish agricultural industry is anxiously awaiting the potential re-imposition of tariffs on olive oil by the Trump administration. This industry, particularly in Madridejos, Toledo, supports over 60 families and has been a pillar of the local economy for generations. Olive groves stretch across......
Morocco has significantly increased its imports of vegetable oils, particularly sunflower oil, in recent years. This shift in consumption patterns is largely driven by inflation and changing consumer preferences. According to a report from the Russian Federal Center for the Development of Agricultural......
The rising price of olive oil in Morocco has reached a staggering 110 dirhams per liter, yet authorities persist in an export policy that seemingly disregards the challenges faced by local consumers. Recent data from the European Commission reveals a remarkable increase in Moroccan olive oil exports......
US President Donald Trump's trade policies have recently cast a shadow over Europe, with the potential for 25 percent tariffs on EU-made goods. This move, which Trump claims is necessary to rectify what he perceives as unfair trade practices, has significant implications for various sectors in Spain,......
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