Business & Economy

Oil prices retreated on Monday as concerns regarding supply shortages moderated following emerging signals of potential diplomatic dialogue between the...

The Organization of Petroleum Exporting Countries (OPEC) revised downward its global oil demand forecast for the second quarter of 2026...

Iraq's Ministry of Oil has implemented a gas coupon rationing system to manage domestic liquefied petroleum gas (LPG) supply amid...

Japan announced Friday that it will release an additional 20 days' worth of crude oil from its national strategic reserves...

The Middle East war has unleashed a wave of economic disruption across the globe, forcing international financial institutions to slash...

Global oil and gas prices experienced dramatic collapse Wednesday as the United States and Iran agreed to a two-week ceasefire,...

Global financial markets staged a dramatic rally Wednesday following the announcement of a two-week ceasefire between the United States and...

Iranian attacks overnight struck Saudi Arabia's critical petrochemical infrastructure, hitting the SABIC (Saudi Basic Industries Corporation) plant in Jubail, one...

A Russian oil tanker docked in a Cuban port on Tuesday to deliver the first crude shipment to the island...

Here are the latest economic events in the Middle East war: - Oil prices rise - Oil prices sank and...