Saudi Aramco's financial results and Saudi Arabia's third-quarter budget performance report, released on the same day, revealed a divergence between the…
Cryptocurrencies briefly dipped on Wednesday as Democrats won majorities in both the Senate and House in the US midterm elections, a potential blow to an…
Saudi Arabia’s non-oil private sector continued to expand in October, with business activity and output growth accelerating despite a decline in the Riyad Bank…
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying…
The closure of the Strait of Hormuz has pushed global energy and food security to the brink. Saudi Arabia responded by positioning itself as a stabilizing…
Washington renewed on Friday a waiver allowing countries to buy sanctioned Russian oil at sea for about a month, even as lawmakers accused the government &zwnj…
Turkmenistan and China broke ground Friday on works to expand production at the giant Galkynysh gas field, strengthening Beijing's already dominant position in…
Egypt's Talaat Moustafa Group (TMG) will build a new 1.4 trillion Egyptian pound ($27 billion) mixed-use city east of Cairo, CEO and Managing Director Hisham…
Türkiye's long-term contract for importing natural gas from Iran is due to expire in the coming months, and the two countries could hold talks on a possible…
Iraq's oil ministry said oil exports would resume from all fields within the next few days, the Iraqi state news agency INA reported on Saturday. Four energy…
Saudi Finance Minister Mohammed Al-Jadaan said the global economy’s ability to withstand crises depends on adopting a “unified strategic vision and swift…
Global markets moved sharply on Friday after Iran said it would reopen the Strait of Hormuz to all commercial vessels, prompting investors to rapidly reassess…
The International Monetary Fund will likely provide Venezuela with a financial support program as part of its re-engagement with the South American oil…
Oil prices plunged by about 13% on Friday after Iran's foreign minister said passage for all commercial vessels through the Strait of Hormuz was open for the…
Saudi Arabia’s Council of Economic and Development Affairs (CEDA) held a virtual meeting to consider a package of strategic reports outlining the Kingdom’s…
A South Korean oil tanker has transited the Red Sea for the first time since the effective closure of the Strait of Hormuz, Seoul's oceans ministry said on…
Gold held largely steady on Friday and was on track for a fourth straight weekly gain, as hopes for a US-Iran peace deal eased fears of higher inflation and…
The International Monetary Fund said the Middle East, North Africa, and Pakistan were facing a pivotal and exceptionally difficult moment in their modern…
Pakistan announced that it has received $2 billion from Saudi Arabia’s Ministry of Finance as part of a broader financial support package. Earlier,…
Gold prices rose on Thursday as growing optimism about a possible end to conflicts in the Middle East calmed inflation worries and improved prospects for lower…
Britain's economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had…
Oil prices were little changed on Thursday, reversing earlier declines, on skepticism that peace talks between the US and Iran will reach a deal to end the war…
TotalEnergies expects a significant increase in first-quarter earnings from a strong trading performance, as well as in its upstream production and oil sales…
Spanish energy group Repsol is poised to take back operational control of its Venezuelan oil assets and boost production following a deal signed with the South…
China's economy expanded more than expected in the first three months of the year, with official data Thursday indicating resilience in the face of a Middle…
Saudi Minister of Finance Mohammed Al-Jadaan has held a series of meetings in Washington, D.C. to discuss strengthening bilateral economic cooperation and…
Syria began loading its first tanker carrying Iraqi oil on Wednesday at the Baniyas port refinery, according to state media. With maritime traffic through…
South Korea has secured 273 million barrels of crude oil from the Middle East and Kazakhstan through the end of the year, with supplies routed outside the…