The United Arab Emirates announced on Tuesday that it will withdraw from OPEC and OPEC+, a dramatic move that could
China’s President Xi Jinping has called for the immediate restoration of shipping activity through the strategically critical Strait of Hormuz,
A surge in energy prices pushed US inflation to 3.3% in March, its highest level in nearly two years following
Nigerian energy company Oando has unveiled plans to raise up to $750 million to finance an aggressive drilling campaign aimed
The Kremlin has denied reports that President Vladimir Putin asked leading Russian businessmen to contribute funds to support the country’s
The United Nations Security Council has adopted a resolution demanding that Iran immediately halt attacks on Gulf states, in a
Nigeria’s fragile currency could receive unexpected support from rising global oil prices as geopolitical tensions in the Middle East drive
Qatar’s energy minister, Saad Al-Kaabi, has warned that crude oil could surge to $150 per barrel within two to three
The United States’ decision to seize and redirect sanctioned Venezuelan crude to American ports has intensified pressure on an already
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