After three consecutive months of raising its crude oil prices, the world’s largest oil exporter, Saudi Arabia, is widely expected to make the first cut to its official selling prices Continue Reading
Iraq’s chronic power shortages and its OPEC+ commitment to cut crude output have pushed the country closer to Iran at a time when the US wants to isolate Tehran. OPEC’s Continue Reading
The autonomous government of northeast Syria has signed a deal for the marketing of crude oil with a U.S. company, Al-Monitor reports , citing unnamed sources in the know. What’s Continue Reading
Iraq’s financial crisis has left the state unable to hire tens of thousands of newly trained medical personnel who could help relieve pressure on a healthcare system struggling to contain Continue Reading
Iran’s supreme leader, Ayatollah Ali Khamenei, has said in a televised address that Iran will expand its nuclear program and will not negotiate with the United States, doubling down on Continue Reading
It is a time for market shakeups. On Friday, tech giant Apple unseated oil giant Saudi Aramco as the world’s most valuable company. Earlier in the week, the market saw Continue Reading
The UAE, OPEC’s third-largest oil producer, started producing nuclear energy from a 1.4 GW nuclear reactor, becoming the first country in the Gulf to use such a source for power Continue Reading
The steady rise in U.S. strategic competition with the People’s Republic of China (PRC) over trade and the South China Sea already has so many dimensions that it is sometimes Continue Reading
Pivoting away from negotiations with ExxonMobil, Iraq is now putting the Ratawi oil field at the center of a prospective upstream, gas, and power deal with Saudi Arabia. Iraqi Oil Continue Reading
CAIRO (Reuters) – Saudi Arabia’s 84-year-old ruler, King Salman bin Abdulaziz left King Faisal hospital in Riyadh after recovery, the state news agency reported on Thursday. The Saudi king was Continue Reading
