Iran and Oman are drafting a protocol to “monitor transit” through the Strait of Hormuz, Iranian state news agency IRNA reported Thursday morning, citing an official. Tanker traffic through the key oil-shipping route...
The Iran war is hitting the German economy at the worst possible time. Having only just fought its way out of a multi-year downturn, Europe’s largest economy is now...
This substantial investment will enable Malawi to join the ranks of South Africa and the Democratic Republic of Congo (DRC) as one of Africa’s emerging rare earth powerhouses. The...
Traders have poured a record $977 million into the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), a leveraged bet that oil prices will collapse from their war-driven highs. Despite the high-volume, double-leveraged bet,...
Venezuela exported crude oil at a rate of over 1 million barrels daily last month, for the first time in six months. According to the data, oil shipments from...
The Group CEO of ADNOC has called on the world to act together to protect the free flow of energy through the Strait of Hormuz in order to avoid...
Brent Crude oil futures plunged by 4% early on Wednesday to trade below $100 per barrel for the first time in a week, after U.S. President Donald Trump signaled...
If the Castros are – as some Cubans refer to them – “the royal family” of the island, then Sandro Castro seems to be applying for the role of...
The United Arab Emirates’ stock markets in Dubai and Abu Dhabi have lost around $120bn in value since the start of the US-Israel war on Iran, placing them among...
The International Monetary Fund (IMF) has warned that the ongoing war in the Middle East is casting a shadow over the global economy, threatening recovery and triggering widespread disruptions. In...