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Oil prices jump, WTI surges to $104 after failed Iran talks

Energy Staff Writer -
Crude oil markets are preparing for continued volatility despite diplomatic efforts aimed at reducing tensions in the region. Oil prices surged in early Monday trading...

Saudi oil output has been disrupted by attacks, with pipeline damage further tightening global supply conditions.

Energy Staff Writer -
Pipeline infrastructure and key oil fields have been hit, reducing output and heightening concerns over tighter global supply conditions. Dubai: Saudi Arabia said recent attacks...

Hormuz Strait ‘toll’: Oil prices drift back to $100/barrel mark — what it will take to get things going again rephase

Energy Staff Writer -
Many shipping firms are still holding back and waiting for explicit safety guarantees from Iran, along with clear operational guidance on transit procedures through...

Why oil and gas recovery in the Middle East could take months, even after a ceasefire.

Energy Staff Writer -
Full oil and gas recovery delayed by war damage and ongoing shipping risks. Dubai: The Middle East’s oil and gas recovery is expected to take...

ADB launches a new trust fund to speed up progress on the ASEAN power grid.

Business Staff Writer -
New fund aims to accelerate development of cross-border power connections across Southeast Asia. MANILA: The Asian Development Bank (ADB) has launched a multi-partner fund to...
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