U.S. Eases Sanctions on Venezuela’s Central Bank, Allows Financial Transactions for First Time Since 2019.
The United States has taken a significant step toward easing financial restrictions on Venezuela by authorizing
Category: Business
South Korea Locks In 273 Million Barrels of Crude That Won’t Touch Hormuz.
South Korea has secured 273 million barrels of Middle Eastern and Kazakh
China uses Africa to expand rare earth dominance as US seeks upper hand over key shipping routes, including Strait of Hormuz.
The United States has moved to strengthen its influence over key routes
China eyes Egypt for $2 billion aluminium hub targeting Africa and Europe.
The proposed facility will be located in East Port Said and will
ANZ Raises Brent Forecast to $90 as Hormuz Blockade Removes 10 Million Bpd.
Brent crude prices will remain above $90 per barrel through the end
$1 billion exit: Shell to hand 10% of South African fuel market to UAE’s state oil company.
The deal, valued at approximately $1 billion, marks the end of an era
How the Iran War Is Disrupting Gulf Economies: 5 Key Effects.
On Wednesday, the United States and Iran agreed to a two-week ceasefire,
Oil price dips below $100 a barrel after Trump claims Iran wants deal.
Oil prices have fallen back after briefly rising to above $100 a
UAE and China sign 24 deals to push trade past $100 billion.
The UAE and China have signed 24 agreements to expand trade, investment
Dollar gains as U.S. blockades Iran ports after failure of peace talks.
The dollar climbed on Monday after peace talks between the U.S. and Iran broke down and as the U.S.