Gold prices fell on Friday and were on course for their first weekly decline after a four-week winning streak, as a US-Iran deadlock kept oil prices elevated…
Container shipping group Hapag-Lloyd said on Friday that one of its ships has crossed the Strait of Hormuz but did not have any information on the…
French energy major TotalEnergies on Friday said it would invest in a Kazakhstan-based onshore wind and energy storage project, valued at $1.2 billion, and…
Oil rose on Friday on concerns of a renewed military escalation in the Middle East after Iran released footage of commandos boarding a cargo ship in the Strait…
China wishes to strengthen economic cooperation with the United States to avoid "vicious competition", commerce minister Wang Wentao told US Trade…
The dollar hovered near multi-month peaks on Friday as investors sought safety in the shadow of an intensifying Middle East war and mounting doubts over any…
Oil prices fell Friday after Donald Trump again pushed back a deadline for Iran to reopen the Strait of Hormuz, though most equities also dropped as traders…
Since the start of the Middle East conflict, Iran has witnessed massive cryptocurrency flows. Experts say they are being used to circumvent sanctions placed…
Saudi Arabia’s Vision 2030 took center stage as the Future Investment Initiative (FII) summit opened in Miami, with the kingdom delivering a balanced message…
As global supply chains face unprecedented strain, and the Strait of Hormuz, one of the world’s most critical chokepoints, is disrupted, Saudi Arabia has…
Spain and Algeria are in talks to increase the supply of natural gas via the Medgaz pipeline from Algeria by as much as 10%, two sources familiar with the…
TotalEnergies' CEO Patrick Pouyanne said on Thursday that the company made a decision not to declare force majeure to any of its liquefied natural gas…
India has secured crude oil supplies for the next 60 days, ensuring stable fuel supplies in the country despite disruption in shipments from the Middle East,…
The Saudi Central Bank (SAMA) announced the licensing of “Altknwlwjya aljadydh llhulul albrmjyh” and “lyn tknwlwjyz Company Saudi Arabia litqniyat nuzum…
Britain's economic ‌growth prospects this year received the sharpest downgrade of any major economy in the OECD's interim forecast update on Thursday…
Gold prices fell on Thursday, weighed down by increased expectations of US Federal Reserve rate hikes this year as elevated oil prices stoked inflation worries…
European Union lawmakers are on track to give a green light -- with conditions -- Thursday to the bloc's tariff deal with US President Donald Trump, which…
Chinese shipping giant Cosco said on Wednesday that it was resuming new bookings for container shipments to some Gulf countries, after a three-week suspension…
Qatar's Emir Sheikh Tamim bin Hamad Al Thani issued a decree on Wednesday making minor changes to the board of the Qatar Investment Authority, while keeping…
Oil prices fell more than 5% and world shares gained on Wednesday over the possibility of a de-escalation of the Iran war and negotiations between the United…
Yanbu Port on the Red Sea has emerged as a vital hub for international trade, stepping in to stabilize global energy and commodity supplies amid the near-total…
Türkiye's dependence on Middle East oil is at a "manageable" level of 10% of overall supplies and there are no supply problems at the moment despite the Iran …
British consumer price inflation held at an annual rate of 3.0% in February, unchanged from January's rate, official figures showed on Wednesday, ahead of a…
Miami will host the fourth FII PRIORITY summit from March 25 to 27 under the theme “Capital in Motion,” as global economic and geopolitical shifts accelerate…
Saudi Arabia’s ADES Holding Company announced it has temporarily suspended some of its offshore drilling rigs in the Gulf Cooperation Council due to ongoing…
South Korean Foreign Minister Cho Hyun on Tuesday asked his Omani counterpart for support on crude oil and LNG supplies, Cho's office said, due to shipment…
QatarEnergy declared on Tuesday force ‌majeure ‌on some ‌of its affected long-term LNG supply contracts, ‌with ‌counterparties…