Saudi boosts oil output despite Iran disruptions, targets 10 million bpd export capacity
The Kingdom pumped 8.372 million barrels per day in September, up well over two million bpd from August, stated OPEC+ data...
Tag : Iran War
UAE wealth to hit USD 6 trillion by 2030 despite Iran war jitters, says BCG report
BCG expects the number of ultra-rich residents to climb to 800 as property, financial assets and cross-border wealth underpin the UAE's growth...
AirAsia CEO denies report of funding talks with Malaysian government
AirAsia has been hit by soaring jet fuel costs that surged 66% in Q2 from the prior quarter to an average of USD 183 a barrel...
Gulf economies set for 10.3% rebound in 2027 if oil flows recover, says World Bank
The World Bank expects GCC output to contract by 4.3% in 2026, with the disruptions at the Strait of Hormuz affecting energy exports and other activities...
Trump expands tax-exempt diesel access as high fuel prices become midterm issue
Trump said the executive order will waive off-road requirements and allow anyone to purchase tax-free so-called red dye diesel...
Gulf oil exports return to pre-Iran war levels as Aramco chief warns of depleted stocks
Saudi Arabia drove a sharp recovery in energy exports in September, with shipments rising by about 4.2 million bpd from August to 6.6 million bpd...
US Midterms: Frustrated voters, Trump’s low interest rate push and Fed’s stoic stance
The Republican heads into the upcoming midterms amid an elevated interest rate and most importantly, voters angry with high gasoline prices and home mortgages...
Middle East crude exports return to pre-Iran war levels as ‘Hormuz Plus One’ kicks in
At least 16.5 mbd of crude oil left the region between September 1 and 28, matching the pre-war average excluding Iran...
IF Insights: How America’s diesel shock became a midterm crisis for Donald Trump
Record pump prices and equally record-low stocks have turned the fuel behind America's trucks and tractors into the sharpest issue of the 2026 campaign...
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...