oil

Egypt’s wheat reserves cover 5 months: minister
Egypt

Egypt’s wheat reserves cover 5 months: minister

The Egyptian Minister of Supply and Domestic Trade, Ali al-Moselhi, announced that Egypt has a safe strategic reserve of various…
Cartoons and Quranic verses form the latest Saudi-Iran battleground
Middle East

Cartoons and Quranic verses form the latest Saudi-Iran battleground

Abu Dhabi CNN  —  The animated simulation shows a fleet of drones approaching an oil facility belonging to Aramco, Saudi…
India has no moral conflict buying Russian oil, says government minister
World

India has no moral conflict buying Russian oil, says government minister

India’s oil minister has said he has “absolutely” no moral conflict about purchasing Russian gas amid Moscow’s brutal war in Ukraine.  …
Gulf states use new oil riches to gain regional influence
Middle East

Gulf states use new oil riches to gain regional influence

Abu Dhabi CNN  —  Big Gulf Arab oil states are using the newfound riches they’ve reaped as a result of…
Egypt, UAE and Bahrain comment on Saudi Arabia’s position on OPEC+ decision
Egypt

Egypt, UAE and Bahrain comment on Saudi Arabia’s position on OPEC+ decision

Egypt, UAE and Bahrain on Monday expressed their “full support and solidarity” with Saudi Arabia, and their categorical rejection of…
As the US-Saudi oil spat intensifies, what are Biden’s options?
Middle East

As the US-Saudi oil spat intensifies, what are Biden’s options?

Abu Dhabi CNN  —  The Saudi-American relationship appears to have hit rock bottom. After a move by the Saudi-led OPEC+…
Israel and Lebanon reach historic agreement, paving the way to potentially rich gas exploration
Middle East

Israel and Lebanon reach historic agreement, paving the way to potentially rich gas exploration

CNN – Israel and Lebanon have reached a historic agreement, leaders on each side said separately on Tuesday, settling a…
Why Saudi Arabia defied the US over OPEC oil supply cut
Middle East

Why Saudi Arabia defied the US over OPEC oil supply cut

Abu Dhabi CNN  —  Saudi Arabia’s energy minister once famously said that the kingdom “derives pleasure from keeping everyone on…
PM follows up efforts to secure local oil needs
Egypt

PM follows up efforts to secure local oil needs

Prime Minister Moustafa Madbouly said Monday that Egypt is following up developments of the current global crises with the aim…
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