Virgin Group founder Sir Richard Branson linked rising flight prices to conflicts in the Middle East,…
Tag: Middle East
US to End Military Aid to Kurdish Forces in Iraq
The Trump administration plans to cut military aid to Iraq's Kurdish forces, known as the Peshmerga,…
Oil Traffic Through Hormuz Rises Amid Iranian Tensions
Oil traffic through the Strait of Hormuz has surged to an average of 8 million to…
China’s Oil Imports Surge 22% in July Amid Iran Ceasefire
China's crude oil imports increased by 22.1% month on month in July. This rise was driven…
Global Stocks Decline Amid Middle East Tensions and Data
Global stocks fell on Monday as tensions in the Middle East continued to shake investor confidence.…
Asian Refiners Reject Aramco’s Oil Loading Request Amid
Asian refiners are pushing back against Saudi Aramco's request to load oil at the Yanbu port…
Oil Prices Dip as Strait of Hormuz Traffic Plummets
Crude oil prices fell on Thursday amid escalating tensions in the Middle East, with Brent crude…
Pakistan Warns of Force Amid Houthi Attacks on Shipping
Pakistan condemned recent attacks by the Iran-backed Houthi militia on Saudi oil tankers in the Red…
ASEAN ministers meet amid rising tensions in Middle East
Foreign ministers from the Association of Southeast Asian Nations (ASEAN) convened in Manila this week, expressing…