4+ day, 7+ hour ago   (269+ words) Iraq’s crude exports through the Strait of Hormuz have surpassed 3 million barrels per day (bpd) for the first time since the US-Iran conflict erupted in late February, oil minister Bassim Khudair said. Khudair said Iraq’s crude exports were no higher…...

5+ day, 7+ hour ago   (577+ words) Prolonged closure of the Bab al-Mandab strait could trigger a global fuel price crisis, analysts have warned, as attacks on Saudi refineries compound an already-acute shortage of products including diesel. Prices for refined oils rose far more sharply than crude…...

5+ day, 6+ hour ago   (275+ words) Iraq’s foreign-currency reserves fell by nearly $16 billion in four months this year as the government tapped them to pay civil servants. The reserves have been sliding since the outbreak of the Iran-US conflict and the subsequent closure of the Strait…...

5+ day, 22+ hour ago   (444+ words) Kuwait is considering oil pipeline links with Saudi Arabia and the UAE as disruption in the Strait of Hormuz constrains its exports, a state energy official has said. “All options are open” and the country is “speaking with everyone” in…...

6+ day, 4+ hour ago   (276+ words) Qatar’s fiscal deficit widened significantly in the second quarter of 2026, as the start of the Iran war in February curtailed the Gulf state’s energy exports. The budget gap hit QAR21.2 billion ($5.8 billion), versus QAR800 million in the second quarter of 2025 and QAR10.3 billion…...

6+ day, 6+ hour ago   (758+ words) Crossing the price threshold would signal a new phase in the conflict Brent crude oil appears to be heading inexorably towards $100 a barrel. Traders and analysts often talk of this as “psychologically significant”, though there is nothing fundamentally different in…...

6+ day, 11+ hour ago   (374+ words) Red Sea Global’s hotels and related facilities, including Red Sea International Airport, are now fully powered by renewables, following the inauguration of commercial operations at a project from Saudi utilities company Acwa. The tourism giga-project on Saudi Arabia’s west coast…...

6+ day, 18+ hour ago   (851+ words) The UAE and Bahrain are set to become the next Gulf countries to use fracking to boost oil and gas supplies as the region scrambles to increase production, industry experts say. Much of the envisaged new gas supply would help…...

1+ week, 12+ hour ago   (360+ words) Fitch Ratings has removed Qatar from its “rating watch negative” list, as it believes the risk of further severe damage to the country’s liquefied natural gas facilities has receded, even as the US-Iran conflict has reignited. The disruption in the…...

1+ week, 13+ hour ago   (709+ words) Saudi Arabia’s public debt is rising substantially, driven by Vision 2030 investment as well as the US-Israeli war with Iran. While the debt load is generally considered sustainable over the medium term, questions remain about whether Saudi Arabia has the institutional…...