Energy

Hormuz reality check: Despite Iran’s ‘chokehold’ narrative, the US says tankers are returning to the Strait.

The dual-track approach — combining military pressure with diplomatic efforts — mirrors earlier strategies. Shipping lanes through the Strait of Hormuz are showing early signs...

Will oil prices surge to $200 if the U.S. targets Kharg energy exports?

Oil prices have been fluctuating sharply in response to changing narratives around diplomacy and escalation. Dubai: The possibility of oil prices climbing to $200 per...

Al Jaber warns Hormuz tensions could drive global fuel and food prices higher

Al Jaber signals energy security risks, highlighting potential rises in fuel, food, and everyday expenses worldwide. Dubai: Speaking in Washington, Dr Sultan Ahmed Al Jaber...

Water has become more important than oil and gas in the Middle East today.

Reliance on coastal desalination plants has made water supplies highly vulnerable, especially amid rising threats from Iran. Dubai: Water security has come under renewed scrutiny...

Oil Prices: WTI falls to $88.50 per barrel, Murban down 11%, Brent at $104

Buyers seek discounted barrels amid Middle East tensions causing oil price divergence. Global Oil Markets Show Volatility Amid Mideast Tensions As of 7:20 a.m. Japan time...

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