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Christine Lagarde, President of the European Central Bank, warned during an IMF conference that the ongoing war in the Middle East poses a serious threat to global price stability. She explained that...
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TankerTrackers reported that the IRGC Navy forced two Indian vessels to turn back and exit the Strait of Hormuz. The incident involved direct gunfire and targeted a VLCC (Very Large Crude Carrier) fl...
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Chinese customs data revealed a sharp rise in clean technology exports in March, driven by surging global demand following fossil fuel supply disruptions caused by the Iran war. Solar cell exports gr...
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Oil prices fell in early Friday trading amid optimism that Middle East tensions may ease, as a ceasefire between Lebanon and Israel began and Donald Trump signaled possible renewed talks between the U...
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Oil prices fell by more than 9% after Iran announced the full reopening of the Strait of Hormuz, easing concerns over global supply disruptions.Wall Street Journal reported the drop was driven by resu...
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State Organization for Marketing of Oil announced loading Iraqi oil at Baniyas Port for export to Europe.Director Ali Nizar said the first shipment was loaded.After unloading at Baniyas refinery in Sy...
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Oil prices edged higher to around $95 per barrel.Amid cautious optimism over easing tensions with Iran.Brent crude reached about $94.98.While WTI rose above $91.44.Markets remain volatile.Despite sign...
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Foreign Policy reported that tensions around the Strait of Hormuz have renewed focus on maritime routes as critical global trade infrastructure.China has been expanding its influence through port inve...
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Japan plans to release about 36 million barrels from its national oil reserves starting early May. The Ministry of Economy, Trade and Industry said contracts with refiners will be finalized by late Ap...
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The Syrian Petroleum Company announced unloading Iraqi fuel shipments at Baniyas. Ahead of re-export operations. In a move boosting Syria’s logistics role. As a strategic energy corridor. The company...
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