According to Scott Bessent, the addition of sanctioned Iranian oil into global supplies would help keep oil prices down for the next 10 to 14 days...
Qatar Energy Minister Saad al-Kaabi stated that if the ongoing conflict forces Gulf energy producers to shut down exports within weeks, it could drive oil to USD 150 a barrel...
In October 2025, Egypt’s credit rating was upgraded by S&P Global to 'B' from 'B-,' while Fitch reaffirmed its 'B' rating, citing progress in reforms and macroeconomic stability...
The eight OPEC+ members, Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman, raised oil output targets by around 2.9 million barrels per day in 2025...