oil
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Saudi crude oil exports fall for third consecutive month to lowest level on record
Saudi Arabia's crude oil exports fell for a third consecutive month in May, dropping to their lowest level on record as the US war of aggression against Iran and mounting regional shipping disruptions continued to weigh on the kingdom's oil exports.
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Goldman Sachs: Oil Prices Could Reach $120 if Strait of Hormuz Disruption Continues
Goldman Sachs investment bank predicted that if the disruption in oil transfers through the Strait of Hormuz continues and production in the Persian Gulf countries remains reduced, Brent crude prices could exceed $120 per barrel in the fourth quarter of this year.
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Jamaat-e-Islami Leader Urges Pakistan to Import Cheaper Oil and Gas from Iran to Curb Energy Crisis
Liaqat Baloch, has urged the government to import cheaper oil and natural gas from Iran to help address the country's ongoing energy crisis
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International Energy Agency Warns of Severe Global Oil Supply Shortage Following Iran War
The International Energy Agency, in its latest report, announced that following the war between the United States, the Zionist regime, and Iran, as well as the disruption of oil tanker traffic through the Strait of Hormuz, global oil supply has faced a significant decline, and energy markets are experiencing one of the most unprecedented supply shocks in recent years.
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From Oil to iPhones: How the War Against Iran Shook the Technology Market
The consequences of the U.S.-Israeli war against Iran have not only targeted the energy market but have also reached the heart of the global technology industry.
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Oil Companies Defy Trump's Pressure to Increase Production
Despite Trump's pressure, American oil companies have announced that the current crisis has not caused any increase in production or changes to their plans.
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American Analyst: Oil Prices Will Skyrocket, Economy Doomed
"Now that the American people are realizing that Trump has been lying all along, an economic catastrophe on a scale we have never seen in our lifetimes is imminent."
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Reviving the Monroe Doctrine in the 21st Century: Trump’s Strategy to Dominate Energy Resources
The administration of Donald Trump is reviving the Monroe Doctrine through an interventionist strategy aimed at controlling oil resources from Latin America to the Middle East, placing Venezuela, Iraq, and Iran under intensified pressure.
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IRGC seizes Marshall Islands–flagged tanker over “unauthorized cargo”
Iran’s Islamic Revolution Guards Corps (IRGC) Navy has detained an oil tanker off the coast of Makran after receiving a judicial order to seize the vessel over alleged violations.