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An analysis conducted by Reuters showed that the US-Israeli war on Iran cost companies around the world at least 25 billion dollars, an amount that is on the rise.A review of data released since the o...
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Official data released on Monday showed that crude oil production in China fell in April to its lowest level since August 2022, as the Iran war curtailed refining operations in the world's second-larg...
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The Ministry of Oil announced today, Monday, the final statistics for oil exports and revenues achieved for the month of last April.The ministry stated in a statement it received, that "according to t...
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Dollar exchange rates stabilized today, Monday, against the Iraqi dinar in the local markets.The prices came as follows:Selling prices: 154,500 dinars per 100 dollars.Buying prices: 153,500 dinars per...
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The "Financial Times" reported that major shipping companies have begun using trucks to transport fuel amid the partial closure of the Strait of Hormuz due to the crisis in the Middle East.The newspap...
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The Israeli economy contracted in the first quarter of the year, after the war with Iran imposed closures for security reasons on businesses for more than a month.Gross domestic product declined by 3....
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The Minister of Oil, Basem Muhammad Khodair, emphasized today, Saturday, that the ministry's priorities during the next phase are to increase production capacities, end the flared gas file, and develo...
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UAE Minister of Energy Suhail Al Mazrouei emphasized that the UAE's decision to withdraw from the OPEC and OPEC+ alliances is a sovereign and strategic choice that came after a comprehensive evaluatio...
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US President Donald Trump said today, Friday, that he discussed the issue of sanctions imposed on Chinese oil companies for purchasing Iranian oil, adding that he will make a decision regarding liftin...
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The dollar rose today, Friday, on track to achieve its largest weekly gains in more than two months, as rising energy prices and ongoing disruptions in the shipping sector fueled inflation pressures.T...
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