U.S.A
84 senators voted to launch debates on this document
News ID: 487 Publish Date : 2026/07/30
U.S.A
84 senators voted to launch debates on this document
News ID: 487 Publish Date : 2026/07/30
Oil
Ankara could receive 1 million barrels per day of Iraqi oil after a Turkish Petroleum stake in the BP-run Kirkuk oilfield.
News ID: 479 Publish Date : 2026/07/29
Venezuela
The Paraguana Refining Center in Western Venezuela once symbolized the country's oil wealth and its ambition to turn vast crude reserves into fuels and export revenue.
News ID: 474 Publish Date : 2026/07/29
Strait of Hormuz
Oman’s proposal is based on the Strait of Malacca in East Asia, a model whereby ships that use the strait provide voluntary fees.
News ID: 461 Publish Date : 2026/07/29
Energy
When protests over fuel prices erupted in Kenya this May, the cause lay thousands of miles away. The war between Iran, Israel, and the United States has exposed a reality that African countries know well: energy security is increasingly shaped by events beyond their borders.
News ID: 450 Publish Date : 2026/07/28
The recent analysis by the international oil and energy market experts highlights that global crude prices have become dangerously dependent on the outcome of diplomatic talks between Iran and the United States. According to the analysts, the traditional market drivers of supply and demand have taken a backseat to geopolitical forces, with the Iran-US negotiation table now representing the single most sensitive variable for oil markets.
News ID: 348 Publish Date : 2026/05/30
Strait of Hormuz
The European Commission has issued a stark warning that the effective closure of the Strait of Hormuz – triggered by the ongoing war in West Asia – will drive Brent crude prices to an average of $91.2 per barrel in 2026, a staggering 46% jump from previous estimates. The revised forecast, published Thursday in the EU’s Spring 2026 Economic Outlook, signals what officials call the most severe energy shock to hit Europe since the Russia-Ukraine conflict.
News ID: 278 Publish Date : 2026/05/23
Global Economy Under Strain
ECONEWS – The International Monetary Fund warned on Thursday that continuing disruptions due to the Iran war meant its global economic outlook was moving towards an "adverse" scenario, with growth pared down and greater risks to inflation, AFP reported.
News ID: 184 Publish Date : 2026/05/17
Iran
ECONEWS – Iran's energy industry has experienced an unprecedented period in recent years, including economic pressures from sanctions, increased geopolitical tensions, and continuous fluctuations in the global energy market. It has reached a level of development where, according to an oil and gas industry manager, the indigenization of a significant portion of this industry in recent years has led to increased resilience against recent threats and damages.
News ID: 158 Publish Date : 2026/05/16
China’s View
ECONEWS – The prospect of the confrontation between the United States and Iran has transformed global geopolitics from a regional security crisis into a wider test of American power, alliance cohesion, and economic leadership. Against this backdrop, the visit by Donald Trump to China carries significance far beyond bilateral diplomacy. Beijing would likely view such the visit not simply as a diplomatic engagement, but as evidence that Washington, after years of escalating military and economic confrontations around the world, now faces mounting strategic limits and failures.
News ID: 154 Publish Date : 2026/05/14
ECONEWS – The global oil market faces a prolonged recovery following the loss of approximately one billion barrels of crude over the past two months, the CEO of Saudi Aramco has warned. Even if key shipping routes are reopened, energy markets will take time to stabilize, according to a Reuters report published on Sunday.
News ID: 132 Publish Date : 2026/05/12
UAE
ECONEWS – Imagine spending years saving money and time to build a tall tower by the sea; the tower becomes so famous that every investor in the world wants to buy a unit in it. But suddenly, a war breaks out in the neighborhood, and investors flee; your stock value plummets, and you suddenly realize that the one who promised to protect you has left you alone.
News ID: 131 Publish Date : 2026/05/12
Marine Pollution
ECONEWS – The Department of Environment (DOE) has confirmed that the oil slick observed near the Persian Gulf island of Kharg was due to the discharge of contaminated ballast water from a damaged tanker.
News ID: 127 Publish Date : 2026/05/12
Geopolitics
ECONEWS – President Donald Trump has rejected Tehran’s “reasonable and generous” peace proposal as Prime Minister Benjamin Netanyahu intensifies war rhetoric, despite the failure of the joint US–Israel war on Iran that began more than 70 days ago.
News ID: 126 Publish Date : 2026/05/12
ECONEWS – An international oil and energy market analyst, stating that the UAE chose the worst time to leave OPEC, believes: "The world's energy market is now more than ever dependent on supply and demand conditions, and although the UAE's exit from OPEC does not threaten OPEC, it fuels competition among oil producers."
News ID: 122 Publish Date : 2026/05/11
Energy
ECONEWS - An international oil and energy market analyst, stating that the UAE chose the worst time to leave OPEC, believes: "The world's energy market is now more than ever dependent on supply and demand conditions, and although the UAE's exit from OPEC does not threaten OPEC, it fuels competition among oil producers."
News ID: 122 Publish Date : 2026/05/11
Energy
ECONEWS - An international oil and energy market analyst, stating that the UAE chose the worst time to leave OPEC, believes: "The world's energy market is now more than ever dependent on supply and demand conditions, and although the UAE's exit from OPEC does not threaten OPEC, it fuels competition among oil producers."
News ID: 122 Publish Date : 2026/05/11
Energy
ECONEWS - An international oil and energy market analyst, stating that the UAE chose the worst time to leave OPEC, believes: "The world's energy market is now more than ever dependent on supply and demand conditions, and although the UAE's exit from OPEC does not threaten OPEC, it fuels competition among oil producers."
News ID: 122 Publish Date : 2026/05/11
Energy
ECONEWS - An international oil and energy market analyst, stating that the UAE chose the worst time to leave OPEC, believes: "The world's energy market is now more than ever dependent on supply and demand conditions, and although the UAE's exit from OPEC does not threaten OPEC, it fuels competition among oil producers."
News ID: 122 Publish Date : 2026/05/11
