Articles
Impact of the escalating US-Iran conflict is also being felt in the gas market
Sharjah-based operator is investing $2 billion to expand its Gulf of Oman-facing port facilities
Traders brace for another Opec+ output increase this weekend
Almost 4 million barrels a day of crude and condensate were shipped in June
Exports recovering from wartime collapse, but China remains only major customer
Trump suggests new sanctions as G7 commits to heavier punitive measures on Moscow
Three ships laden with crude pass through key waterway as it opens for traffic
Supply to fall by 3.9 million bpd this year before rebounding in 2027, while demand drops for first time since 2020
Agreement expected to use waivers rather than lifting restrictions on Tehran's oil trade
Five laden carriers remain in the Gulf while 15 have left since conflict began in February, Kpler data finds
UAE national carrier is also bringing back five seasonal summer routes, including Mykonos, Santorini, Malaga, Nice and Al Alamein
Interim accord to ease supply crunch that has gripped energy markets since February
Squeezed in the north-west of the Gulf, Kuwait is relying on its neighbours and its trading arm to get its supply to market
Brent sheds 12 per cent on the week as traders bet Washington and Tehran will reopen the Strait of Hormuz
Mubadala, XRG and QatarEnergy are among Gulf investors expanding presence in North American LNG
