The initiative was outlined by Thani bin Ahmed Al Zeyoudi, UAE minister of foreign trade, during a high-level meeting in Dubai, convened by the Ports, Customs and Free Zone...
World shares gained on Wednesday, edging towards record highs after President Donald Trump said talks with Iran could resume over the next two days, with hopes for an end...
Japan is readying a $10-billion financial support package for Southeast Asian economies to help them procure crude oil amid the supply shock from the Middle East. Japan’s Prime Minister...
An analysis by The Guardian has revealed that the world’s largest Oil & Gas companies, as well as major oil producers such as Saudi Arabia and Russia, will make an extra...
The facility, arranged through the World Bank’s private-sector arm, the International Finance Corporation (IFC), will allow the institution to lend more in South African rand rather than in foreign currencies...
The United States has taken a significant step toward easing financial restrictions on Venezuela by authorizing transactions with the country’s central bank and three other state-run institutions, marking the first time since 2019...
South Korea has secured 273 million barrels of Middle Eastern and Kazakh crude that will not need to transit the Strait of Hormuz—volumes that would sustain its economy for...
The United States has moved to strengthen its influence over key routes such as the Panama Canal and the Strait of Hormuz, and is now seeking broader access for...
The proposed facility will be located in East Port Said and will cover more than one million square metres, according to Egyptian officials. It is expected to create around...
Brent crude prices will remain above $90 per barrel through the end of this year as the war continues to cut off supply from the Middle East, analysts at...