The East Mediterranean has become a highly contested region due to the discovery of major hydrocarbon reserves which has triggered a scramble for energy wealth. According to the United States Continue Reading
Through a combination of bribing local retail investors via preferential loans , threatening wealthy Saudis with a re-run of their treatment in the Ritz Carlton in 2017 , and inveigling Continue Reading
US LNG export terminal developers are stepping up their courtship of Saudi Aramco to secure investments in their projects, following the state-owned oil and gas company’s IPO last month. Receive Continue Reading
Hundreds of thousands of Iranians thronged Tehran’s streets on Monday for the funeral of military commander Qassem Soleimani, killed by a U.S. drone strike last week, and his daughter said Continue Reading
Iran’s announcement on Sunday that it would abandon limitations on enriching uranium could be the first step towards the end of a 2015 nuclear deal with six major powers, German Continue Reading
U.S. President Donald Trump on Sunday stood by his threat to go after Iranian cultural sites, warning of a “major retaliation” if Iran strikes back for the killing of one Continue Reading
Shipping companies, including owners and operators of tankers and LNG carriers, are on high alert following escalated tensions in the Middle East, with risks of freight rates rising sharply, higher Continue Reading
Iraq’s parliament called on Sunday for U.S. and other foreign troops to leave as a backlash grows against the U.S. killing of a top Iranian general, and President Donald Trump Continue Reading
The cost of insuring against a potential debt default by Saudi Arabia has soared by a sixth since the killing by a U.S. drone on Friday of Iranian commander Qassem Continue Reading
Saudi Aramco ( 2222.SE ) shares briefly hit 34.45 riyals ($9.18) in early trade, their lowest level since its shares began trading on December 11, following a record-setting initial public Continue Reading
