After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the ...
Despite depending on supplies through the Strait of Hormuz for up to 90% of its oil and liquefied natural gas imports, Pakistan has no strategic petroleum reserves.
Washington carried out new strikes on southern Iran, while Tehran downed a US drone and fired at a fighter jet.
A large flotilla of vessels belonging to Kuwait Oil Tanker Co has been assembling in the crowded waters off the Omani port of Sohar in the Arabian Sea. Vessel tracking data shows six of the company’s ...
OPEC+ plans to raise its July oil production target by 188,000 bpd at its June 7 meeting, but Strait of Hormuz disruptions ...
The emirate has been hit hard by the Hormuz shutdown, underscoring the increased regional risk as it seeks international ...
The conflict has hurt countries up and down the Gulf—but few as much as Kuwait.
President Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace ...
Kuwait Oil Company (KOC) has secured approval from the Supreme Purchasing Committee at Kuwait Petroleum Corporation (KPC) and its subsidiaries for several contracts with a combined value of ...
Thirty-five years after the completion of Operation Desert Shield and Operation Desert Storm, former Army Sgts. Mark ...
The IEA has warned that global oil supplies are depleting at a record pace, with the Strait of Hormuz closure driving the ...
Action Energy Company K.S.C.P. has secured and expanded credit facilities worth KWD 40.9m to support its rig fleet expansion ...