Saudi Arabia’s economy is projected to shrink by 3.3 per cent this year as the Middle East conflict, disruptions to oil shipments and escalating Houthi attacks put pressure on the
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Oil prices fell below the $100-a-barrel mark on Wednesday after US President Donald Trump described a three-hour meeting with Iran as “very good” and “very productive”, raising hopes that diplomatic
Nigeria and India are seeking to rebuild bilateral trade towards $15 billion, with Indian Prime Minister Narendra Modi pushing for renewed purchases of Nigerian crude oil as both countries look
Fresh US sanctions have intensified pressure on Iran, with Washington targeting the country’s oil export network and freezing more than $130 million in cryptocurrency assets allegedly linked to Iran’s central
Norway has recorded its highest-ever oil export value after global energy markets were shaken by war in Iran and the closure of the strategic Strait of Hormuz, a key route