The location of the US Strategic Petroleum Reserve and the critical role it has played and will continue to play during ...

Nearly three years on, Russia’s full-scale invasion of Ukraine in February 2022 has reshaped trade and investment in the ...

A volatile West Asia is now tethering on the verge of a profound geopolitical reconfiguration and the Kingdom of Saudi Arabia ...

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

The experts stressed the need for Kuwait and other Gulf nations to diversify their income sources, and attract foreign ...

Aramco raised the official selling price for flagship Arab Light crude by $2.40 to $3.90 per barrel above the Oman/Dubai ...

According to data from Global Petrol Prices, a global fuel price tracker, Kuwait ranks as the 7th cheapest country for gasoline out of 170 ...

The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

The UAE’s foreign trade has reached a historic milestone, touching AED3tn ($817bn) for the first time by the end of 2024, ...

U.S. President Donald Trump on Tuesday restored his "maximum pressure" campaign on Iran that includes efforts to drive its ...

Iran's non-oil exports in the first 10 months of the current Iranian calendar year rose by 18 percent over the same period last year, the country's Trade Promotion Organization (TPO) said on Monday.