Oil prices settle $1 higher after US issues new Iran-related sanctions
Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East ...
Oil, dollars, and debt: How safe is the Middle East from the global trade war?
The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region's economy.
Iraq says Iran used forged Iraqi documents on oil tankers, Tehran denies
Iraq's oil minister Hayan Abdel-Ghani has said told state television that Iranian oil tankers stopped by U.S. forces in the ...
MarketWatch7d
Oil tallies back-to-back gains as Middle East flare-ups lift risk of supply disruption
Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East that raise the risk of supply disruptions in the oil-rich region. A ...
Upstream Online15h
Chinese contracting giant teams up with Aramco for new Saudi offshore fabrication yard
Proposed yard will support offshore projects in Saudi Arabia with local fabrication and engineering services led by COOEC ...
The Daily Monitor on MSN16h
Stanbic, four other banks pool cash for oil pipeline
South Africa’s Standard Bank, one of Africa’s biggest banks, and its Ugandan subsidiary, Stanbic Bank, lead the pack of ...
U.S. Treasury Sanctions Network Supporting Iranian Oil Exports
The sanctions are part of the administration’s “campaign of maximum pressure on Iran,” the department said.