Strict production discipline by OPEC and its partners is the #1 reason why oil prices have managed to stage a remarkable recovery and stay relatively high after plunging to historical Continue Reading
A power failure that appeared to have been caused by a deliberately planned explosion struck Iran’s Natanz uranium enrichment site on Sunday, in what Iranian officials called an act of Continue Reading
Iran said saboteurs caused a blackout at the country’s main nuclear-enrichment plant, accusing the alleged culprits of attempting to derail informal talks with the U.S. on reviving a 2015 nuclear accord Continue Reading
Iran said saboteurs caused a blackout at the country’s main nuclear-enrichment plant, accusing the alleged culprits of attempting to derail informal talks with the U.S. on reviving a 2015 nuclear accord Continue Reading
DUBAI (Reuters) – Yemen’s Houthi movement said on Monday it had fired 17 drones at Saudi targets, including 10 launched towards Saudi Aramco refineries in Jubeil and Jeddah, according to Continue Reading
Iran blames regional arch-foe Israel for a sabotage incident at its key Natanz nuclear site and will exact revenge, state TV quoted its foreign minister as saying, in what appeared Continue Reading
The breakeven oil prices that Middle Eastern countries need to balance their state budgets are largely projected to fall in 2021 and 2022 on expectations of higher oil prices and Continue Reading
U.S. domestic demand for natural gas has been falling for a year now, according to EIA data. The authority expects demand will continue down this year as well because of Continue Reading
EPA Iran has invested heavily in developing its surface-to-air missile to defend against air attack The end of the Trump era has caused a collective but cautious sigh of relief Continue Reading
Sign up for our coming Middle East newsletter and follow us @middleeast for news on the region. Iraq’s foreign reserves have risen to more than $60 billion, driven by the Continue Reading
