A more nuanced look into the impact of the Strait of Hormuz’s closure on the GCC
Hormuz typically accounts for around 25% of global seaborne oil trade and some 20% of global LNG trade
Available in your choice of English or Arabic
Hormuz typically accounts for around 25% of global seaborne oil trade and some 20% of global LNG trade
Washington grants India a brief window to tap stranded Russian barrels as Middle East turmoil threatens global oil markets
From crippled LNG shipments and soaring fertilizer costs to suspended refined fuel exports, the escalation in the Middle East is…
Prime Minister Narendra Modi held calls with Israeli and UAE while his foreign minister dialled other MENA leaders
Indian refiners are scaling back Russian crude as sanctions begin to erode commercial viability; pivot to Middle Eastern suppliers
Plus: India steadies US trade negotiations after court upends tariff framework
Chevron, Exxon and Indian Oil Corporation lift ultra-light cargoes ahead of the gas field’s first export
As US utilities rally on AI-driven electricity demand, UAE power companies prioritize long-term expansion and infrastructure
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