Keywords: Middle east energy
Three supertankers have carried around six million barrels of crude oil through the Strait of Hormuz in a single day, marking the largest recorded movement of oil cargo since the outbreak of the conflict involving the United States, Israel, and Iran in February 2026. The shipment was bound for Asian......
The Moroccan government plans to expand its 2026 budget framework by 20 billion dirhams to cushion the domestic economy against external shocks linked to geopolitical tensions in the Middle East. The additional allocation aims to protect household purchasing power while keeping the public deficit close......
The United Arab Emirates has moved to speed up construction of a major east-west oil pipeline designed to significantly increase crude export capacity through the port of Fujairah and reduce reliance on the Strait of Hormuz. The decision comes as regional maritime routes face sustained disruption linked......
European natural gas prices moved higher on Thursday as markets weighed uncertainty around ongoing diplomatic efforts between the United States and Iran, with a fragile ceasefire set to expire within days. The benchmark Dutch TTF contract climbed about 2 percent on April 16 to roughly 42.24 euros per......
Oman has launched a new bidding round for five oil and gas concession blocks as part of its efforts to attract foreign investment and strengthen the development of its hydrocarbon sector. According to the country’s energy ministry, the initiative aims to enhance exploration activities and unlock......
The global energy market is facing its most severe disruption in decades, with the International Energy Agency warning that the oil crisis triggered by the Iran conflict now surpasses the scale of the shocks seen in the 1970s. Nearly a month after hostilities began on February 28, the closure of the......
The conflict in the Middle East is reshaping the global energy debate as rising oil and gas prices renew calls for a faster transition to renewable power. As the military confrontation involving the United States, Israel and Iran enters its second week, disruptions to fossil fuel supply chains have......
European gas prices have surged as rising tensions between the United States and Iran revive fears of supply interruptions through the Strait of Hormuz, a key route for liquefied natural gas shipments from the Gulf. The Dutch TTF benchmark, Europe’s main gas price reference, climbed back above......
The Arab world holds some of the largest proven oil and natural gas reserves on the planet, reinforcing its central role in global energy security and international commodity markets. Recent data drawn from leading industry sources, including OPEC, BP Statistical Review and the US Energy Information......
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