On a windy hillside about an hour's drive northwest of Istanbul, the Catalca power plant was one of Türkiye's first large-scale wind farms and has been feeding…
Saudi Arabia's General Organization for Social Insurance (GOSI) has made businesses that have ceased operations and exited the Saudi market eligible for a 100%…
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…
Argentine President Javier Milei, a staunch ally of US President Donald Trump and Israel, on Monday hailed the benefits of the Iran war for his country's…
China's trade surged by a fifth in the first two months of the year, official data showed Tuesday, significantly outpacing forecasts as a plunge in shipments…
Oil prices tanked and equities rallied Tuesday following a wild day of swings that came after Donald Trump said the US-Israel war on Iran would be ending…
Poland canceled a bond swap tender and the Czech Republic slashed the size of a planned auction for Wednesday as the Iran war roiled global markets, sending…
World sugar prices surged on Monday as the US-Israel war with Iran disrupted oil supplies, pushing crude oil prices to $119 a barrel and sparking fears that…
Spain's Finance Minister Carlos Cuerpo said on Monday that current discussions among European governments would be an opportunity to integrate energy markets…
Amid rising geopolitical tensions in the Arabian Gulf and disruptions to vital shipping routes through the Strait of Hormuz, Saudi Arabia’s ports have emerged…
Surging oil prices triggered by the war with Iran are rippling across African economies, threatening higher fuel costs, rising inflation and renewed pressure…
Japan’s benchmark Nikkei 225 index plunged more than 5% and other Asian markets also tumbled Monday after oil prices soared to nearly $120 a barrel, casting a…
Governments scrambled to limit the impact on economies and consumers from the widening Iran war, which fueled a record surge in oil prices on Monday after key…
Oil prices came off earlier highs on Monday but were still up more than 15% at levels not seen since mid-2022 as some major producers cut supplies and fears of…
The United States will spare Iran's energy infrastructure as it wages war with Israel against Tehran, Energy Secretary Chris Wright said Sunday. With oil…
Iraqi oil production from its main southern oilfields has fallen by 70% to just 1.3 million barrels per day as the country is unable to export oil via the…
Egypt's currency fell to a record low, trading at over 52 to the US dollar on Sunday, as the economic fallout of the war in the Middle East hits the region's…
Most Gulf stock markets rose in early trade on Sunday, with the Saudi index extending gains to a fifth session. Saudi Arabia's benchmark index .TASI climbed…
The Kuwait Petroleum Corporation (KPC) said on Saturday it has implemented a precautionary reduction in crude oil production and refining throughput as part of…
The Saudi Ports Authority (Mawani) announced the addition of Hapag-Lloyd’s SE4 shipping service to Jeddah Islamic Port, a move designed to bolster the Kingdom…
Shipping ‌company MSC said on Saturday it would implement an emergency fuel surcharge to all cargo from the Mediterranean (including West Mediterranean,…
The price of oil surged higher and showed no signs of halting its rapid climb a week after the US and Israel launched major attacks on Iran that escalated into…
A subsidiary of a Hong Kong-based company that has lost control of two critical ports on the Panama Canal said it is seeking $2 billion of compensation in…