global energy markets

AsiaLatestNewsTop Stories

Chinese-Owned Tanker Hit Near Hormuz Escalates Maritime Security Fears

Beijing – A Chinese-owned refined-products tanker was attacked near the entrance to the Strait of Hormuz earlier this week, marking

Read More
LatestNewsTop StoriesWorld

Trump Pauses ‘Project Freedom’ Amid Push for Hormuz Deal

Washington — US President Donald Trump said on Tuesday that a US-led operation to reopen the Strait of Hormuz, known

Read More
LatestMiddle East and North AfricaNewsTop StoriesWorld

UAE to exit OPEC from May 1 in major shift to energy strategy

Dubai — The United Arab Emirates said on Tuesday it will leave the Organization of the Petroleum Exporting Countries (OPEC)

Read More
LatestMiddle East and North AfricaNewsTop Stories

Energy Shock Fallout May Linger as MidEast Output Recovery Seen Stretching Two Years

Zurich — Global energy markets could take about two years to recover output losses caused by the Middle East conflict,

Read More
AsiaLatestNewsTop Stories

Foreign funds exit Thailand as energy shock clouds recovery outlook

Singapore — Foreign investors are pulling money out of Thai assets at the fastest pace in months as surging energy

Read More
FeaturedTop Stories

Fragile Iran–US ceasefire opens Strait of Hormuz as negotiations begin

“For a period of two weeks, safe passage through the Strait of Hormuz will be possible via coordination with Iran’s

Read More
AsiaLatestNewsTop Stories

Bangladesh Enforces Austerity as Energy Crisis Deepens

Dhaka — Bangladesh has introduced sweeping austerity measures, including reduced office hours and early closure of commercial establishments, as the

Read More
LatestMiddle East and North AfricaNews

Rubio confers with Kurdish premier as oil flows, Iran strike roil region

Washington — Marco Rubio held a call on Thursday with Masrour Barzani, thanking the Kurdistan Regional Government (KRG) for facilitating

Read More
LatestNewsWorld

EU presses for ceasefire as Middle East conflict jolts global energy markets

Canberra— European Commission President Ursula von der Leyen on Tuesday called for an immediate end to hostilities in the Middle

Read More
LatestMiddle East and North AfricaNews

Israel Escalates Iran Strikes, Regional Energy Shock Reverberates Across Gulf

Jerusalem — Israel launched a new wave of strikes on targets in Tehran on Friday, the Israeli military said, deepening

Read More