Bab al-Mandeb Strait: another key shipping route under threat
LONDON: Here are facts and figures about the Bab al-Mandeb strait, a crucial passage into the Red Sea that Iran ...
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Scrambling to save energy, Tehran turns off highway lights
TEHRAN: Iranian authorities have turned off lights illuminating Tehran’s highways, an official has told state media, as the country enacts ...
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Oil prices fall as demand concerns offset Libya supply risks
Oil prices fell by around 1% on Wednesday due to persistent concerns over Chinese demand and elevated risks of a ...
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Oil prices rebound from multi-month lows on Mideast tensions
LONDON: Oil prices bounced back from multi-month lows on Wednesday on concerns that an escalating conflict in the Middle East ...
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Oil softens on Fed rate decision, ample supply outlook
LONDON: Oil prices slipped on Thursday as investors digested that the U.S. Federal Reserve had likely pushed back an interest ...
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Oil little changed as surprise crude stock build caps gains
HOUSTON: Oil prices were broadly steady on Wednesday after three key forecasters predicted that global oil inventories would fall in ...
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