Iran war: Middle East oil exports recover, LNG traffic gains momentum
While Saudi Arabia and the UAE led the export rebound, a recovery in energy flow via the Strait of Hormuz played a big role as well...
Tag : Iran War
US 30-year Treasury yield hits record high amid deepening global bond selloff
Yields all over the world have touched multi-decade highs amid elevated energy prices and higher government spending...
Saudi crude oil exports hit four-month high as East-West Pipeline boosts shipments
The Kingdom's crude oil production increased to 8.135 million bpd from June's 7.122 million bpd, stated the Joint Organizations Data Initiative...
Dangote posts record USD 1.82 billion profit as Nigeria becomes Europe’s key fuel supplier
The latest profit figure also marks a tremendous recovery for the Dangote refinery, after the USD 476 million loss recorded in 2025...
AirAsia does not need bailout, CEO Tony Fernandes says amid liquidity concerns
Fernandes said AirAsia was adept at managing cash and expected to raise more than USD 1 billion, mostly to refinance existing debt, by January 2027...
217 VLCCs and counting: Iran war fuels supertanker boom
Record VLCC orders in 2026 reflect longer oil routes, soaring freight rates and fleet renewal as the Iran war disrupts Gulf crude shipping...
Soaring jet fuel costs, squeezing profits: Airlines’ ‘Iran’ headache
While the budget carriers have felt the worst of the volatile geopolitics, industry's hedging programmes too faced acid test...
The world is on fire and the money is going South
Iran war, a shut chokepoint, and an AI market that swings by the week have not stopped record sums flowing into developing economies...
Malaysia engages rival airlines as rising jet fuel prices hammer AirAsia
AirAsia has been hit by soaring jet fuel costs, with the latter surging 66% in the Q2 from the prior quarter to an average of USD 183 a barrel...
East-West pipeline attack: Saudi offers crude via Sohar Port, cancels European cargoes
Saudi Aramco has offered its flagship Arab Light grade, as well as Arab Medium and Arab Heavy, to Asian buyers for loading off Sohar...