Oil prices settle near 4-week high Updated 20 Aug, 2026 07:42am Brent crude settled at $91.62, up 0.7%. WTI rose 1.1% to $85.83
Brent climbs USD 1 on uncertainty over end to war Updated 08 Aug, 2026 07:20am Brent settled at $83.55, up 1.3%; WTI finished $78.18, gaining 1.15%
Oil gains on rising concerns about Red Sea shipping Updated 07 Aug, 2026 07:32am Brent gained 3.83% to $82.49; WTI rose 2.75% to $77.29 per barrel
US set to import most ME crude since Iran war began Published 07 Aug, 2026 05:43am HOUSTON: US imports of Middle Eastern crude are set to hit about 600,000 barrels per day in August, the highest...
Oil prices mixed Updated 06 Aug, 2026 07:41am Brent rose 0.11% to $79.45; WTI fell 0.73% to $75.22 per barrel
Grains, oil exports via the Black Sea disrupted by attacks Published 06 Aug, 2026 04:55am LONDON: A surge in attacks on ships, ports and export terminals in the Black Sea is disrupting global supplies of...
ADNOC buys tankers as crisis reshapes oil trade Published 01 Aug, 2026 07:33am NEW DELHI/LONDON: Abu Dhabi National Oil Co (ADNOC) has bought five very large crude carriers (VLCCs) for about $590...
Drone strike near Suez Canal raises new security threat Updated 31 Jul, 2026 08:09am US military says it hit dozens of targets in Iran overnight • IRGC says it struck US assets in Jordan and Kuwait Saudi Arabia joins US strikes, also warns against further escalation
Oil settles down Published 31 Jul, 2026 06:17am Brent fell $1.71 to $89.03, WTI down $0.87 to $83.59 amid tense geopolitical trading
QatarEnergy buys 33 US LNG cargoes to offset Hormuz disruption Published 31 Jul, 2026 05:44am LONDON/SINGAPORE: QatarEnergy (QE) has bought 33 spot LNG cargoes this year from the US for delivery to South Korea,...
Saudi Arabia unveils plans for multinational maritime defence coalition Updated 31 Jul, 2026 05:48am Saudi defence ministry says 14 countries, including Pakistan, Turkiye, and Egypt issued joint statement supporting proposed coalition
Oil settles over USD100 Published 24 Jul, 2026 05:06am NEW YORK: Oil prices settled above USD 100 on Thursday for the first time since May after Yemen’s Houthis said they...
When markets smell stagflation Updated 23 Jul, 2026 06:41am Relief can be remarkably expensive. Only a few weeks ago, financial markets were celebrating what appeared to be the...
FO slams Houthi threats against KSA, shipping Updated 23 Jul, 2026 09:23am ISLAMABAD: Pakistan has strongly condemned threats by the Houthi militia against Saudi Arabia and commercial...
US military says begins 11th straight night of strikes on Iran Published 22 Jul, 2026 07:29am Specific Iranian military infrastructure targeted
The double-digit inflation Updated 21 Jul, 2026 06:37am The month of June 2026 has witnessed a rate of inflation in the Consumer Price Index (CPI) of 11.1 percent on a...
Houthis announce Saudi naval blockade Published 21 Jul, 2026 05:11am DUBAI/RIYADH: Yemen’s Iran-aligned Houthis said on Monday they would impose a naval blockade on Saudi Arabia,...
Two Dynacom Tankers vessels attacked off Oman Published 21 Jul, 2026 05:11am DUBAI: Greek shipping company Dynacom Tankers said two of its managed vessels were hit by projectiles of unknown...
Oil settles 1pc higher Published 21 Jul, 2026 05:11am HOUSTON: Oil prices settled over 1 percent higher on Monday after volatile trading through the session, as traders...
Petrol price cut by Re0.35, HSD’s hiked by Rs5.71 Published 21 Jul, 2026 05:11am ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) on Monday slashed petrol price by 35 paisa per litre, taking the...
US military completes its latest strikes on Iran, marking the 10th successive night of attacks Updated 21 Jul, 2026 09:17am Hit Iranian military command centers, missile and drone launch sites, maritime capabilities and air defense systems
US launches ninth night of strikes on Iran as it hits out at Gulf neighbors Updated 20 Jul, 2026 06:56am Degrading Iranian capabilities against commercial vessels
Oil prices surge over 4pc Published 18 Jul, 2026 05:14am Brent crude settles 4.59% higher at $88.10; WTI rises 4.48% to $82.49
Regional tensions threaten economy: PM for ensuring fuel supplies Updated 17 Jul, 2026 09:07am ISLAMABAD: Prime Minister Shehbaz Sharif was informed on Thursday that Pakistan has sufficient petroleum reserves to...
Oil prices make small gain Published 16 Jul, 2026 05:17am HOUSTON: Oil prices rose slightly on Wednesday, reacting to stronger-than-expected inventory and largely shrugging...
UAE says Iranian missiles struck oil tankers in Strait of Hormuz, one sailor killed Updated 14 Jul, 2026 08:01am The ministry said fires broke out on both tankers but had been brought under control
US strikes Iran for third night as Trump says deal still 'possible' Updated 14 Jul, 2026 04:20am We're going to hit them very hard tonight, and we're going to hit them hard tomorrow, Trump
Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels Updated 14 Jul, 2026 05:08am Brent crude futures settled up $7.29, or 9.59%, to $83.30
US strikes Iran as Gulf states targeted in flareup over Hormuz Updated 13 Jul, 2026 07:03am Mediators seek diplomatic solution after Trump declares ceasefire over this week
States must reject Iran efforts to control Hormuz: UN’s IMO Published 11 Jul, 2026 05:06am LONDON: Countries should reject efforts by Iran to impose sovereignty over the Strait of Hormuz and Tehran’s...
