Oil prices surge above $100 as Iran-linked attacks hit Gulf shipping - UPI.com
Oil prices climbed back above $100 per barrel Thursday after attacks on commercial shipping in the Persian Gulf. This photo, taken March 10, shows a motorist refueling a car in London. Photo by Neil Hall/EPA March 12 (UPI) -- Oil prices climbed back above $100 per barrel Thursday after attacks on c»»»
OPEC: Ongoing Geopolitical Developments Warrant Close Monitoring of Markets
The Organization of Petroleum Exporting Countries (OPEC) has maintained, for the seventh consecutive month, its 2026-2027 global oil demand growth projections unchanged. OPEC kept its forecast for global oil demand growth at 1.38 million bpd for 2026 and at 1.3 million bpd for 2027. The Iran war ha»»»
Travelling from the UAE? What your travel insurance really covers during regional tensions
Dubai: With airspace disruptions and heightened geopolitical tensions affecting parts of West Asia, travel insurance is back in the spotlight for UAE travellers. Stay updated: Get the latest faster by downloading the Gulf News app - it's completely free. Click here for Apple or here for Android. Yo»»»
Fake videos, misleading posts about UAE under scrutiny
Dubai: The UAE Public Prosecution has identified misleading and unlawful content circulating on social media platforms, including videos and scenes that occurred outside the country but were falsely attributed to the UAE, a senior prosecutor said. Khalid Al Madhani, Attorney General of the Federal »»»
US launches probe into trading partners including the EU, China and India
The US has launched a new investigation into some of its biggest trading partners after the Supreme Court struck down a key part of President Donald Trump's tariffs policies last month. On Wednesday, US Trade Representative Jamieson Greer said the Section 301 unfair trade practices probe could lead»»»
Noma head chef resigns from restaurant amid abuse allegations
The head chef of Noma, one of the highest-rated restaurants in the world, has resigned amid allegations of abuse. René Redzepi announced his exit on social media, saying: "After more than two decades of building and leading this restaurant, I've decided to step away and allow our extraordinary lead»»»
7 killed, 21 wounded in Israeli strike on Ramlet al-Bayda in Beirut
An Israeli strike on central Beirut's seafront killed at least seven people early on Thursday, another attack in the heart of the capital as Hezbollah launched more missiles at Israel. The Israeli military said separately it had carried out strikes on Beirut's southern suburbs overnight, after Hezb»»»
Bulgaria’s Air Defenses Fully Deployed Amid Rising Regional Tensions
Bulgaria has raised its air defense to combat readiness despite the overall threat level being assessed as low. The decision followed a missile launch by Iran targeting Turkey, prompting the Bulgarian military to increase the preparedness of its units. As part of the heightened alert, personnel are»»»
Rising Hunger Risk: Iran War Threatens Crops, Fertilizer, and Fuel
While attention has focused on oil and LNG tankers blocked in the Strait of Hormuz, the war in Iran is creating a quieter but equally alarming threat: disruptions to global fertilizer shipments and food imports. The Gulf states, including the UAE, Qatar, Kuwait, Oman, Bahrain, and Saudi Arabia, rel»»»
Greek Patriot Shield Active: Bulgaria’s Skies Now Fully Covered
Acting Defense Minister Atanas Zapryanov announced that the Patriot air defense system provided by Greece is already on duty and that Bulgaria currently has full air defense coverage. Speaking to journalists in the National Assembly, he said the system began operating roughly 16 hours after Greece »»»
LIVE UPDATES: Oil tops $100 as Iran attacks offset IEA stockpile release
Doha, Qatar: Oil soared above $100 and stocks sank Thursday as Iran's fresh attempts to hit supplies in the Middle East and threats to bring down the global economy overshadowed a record release of strategic crude by the International Energy Agency, reported AFP. It stated that the IEA said Wednesd»»»
Tracing the US military's learning curve on fighting Iran's drones: What to know
WASHINGTON: The Iran war quickly tested America's ability to combat the swarms of cheap drones that have become a staple of the modern battlefield after Ukraine and Russia demonstrated how effective they could be. The Islamic Republic launched so many drones across the region at once that some slip»»»
How Trump and his Advisers Miscalculated Iran’s Response to War
By Mark Mazzetti, Tyler Pager, Edward Wong On Feb. 18, as President Trump weighed whether to launch military attacks on Iran, Chris Wright, the energy secretary, told an interviewer he was not concerned that the looming war might disrupt oil supplies in the Middle East and wreak havoc in energy mar»»»
Pezeshkian Puts Conditions to End the War as Trump Insists Iran is ‘at the End of the Line’
American and Israeli strikes on Thursday pounded Iran with no sign of an end to the war in sight as unrelenting Iranian attacks on shipping traffic and energy infrastructure pushed oil above $100 a barrel. Iranian Supreme Leader Mojtaba Khamenei hasn't yet made a statement or been seen since being »»»
President Dan to receive Volodymyr Zelenskyy at Cotroceni Palace on Thursday
President Nicusor Dan will receive, on Thursday, at the Cotroceni Palace, his Ukrainian counterpart, Volodymyr Zelenskyy, on the occasion of the latter's official visit to Romania.According to a press release from the Presidential Administration, the high-level bilateral consultations will take pla»»»
Syntagma metro station to close ahead of evening antiwar protest
The key Syntagma Square Athens metro station will close at 5:30 pm Thursday, police announced, shortly before a planned protest against the US and Israeli attacks on Iran that’s also expected to disrupt traffic in the city center. A police statement said trains will not be stopping at the station, »»»
UAE retailers reassure residents: shelves stocked, prices stable and deliveries running 24x7
Dubai: As Iranian aggression continues to cast a shadow over the region, UAE retailers are reiterating a clear and united message to residents: there is no need to panic. Supermarket chains across the country say stock levels are healthy, supply chains are adapting, and customers can shop, in store»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Oil price tops $100 a barrel - again
Oil prices continued to climb early on March 12, even after major economies agreed to release a record volume of crude from emergency reserves in an effort to mitigate the impact of the Iran conflict. Brent crude rose almo»»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Romania agrees to host US military equipment and troops during Middle East conflict
Romania’s parliament voted on March 11 to approve the temporary deployment of US military equipment and personnel on Romanian territory, endorsing a decision taken earlier the same day by the Supreme National Defence Council (CSAT) and approved by President Nicușor Dan. The motion passed with »»»
Russia pockets €6bn in fossil fuel revenues in first two weeks of war
Russia has pocketed over $6bn of excess revenues in just the first two weeks of war in Iran, the Centre for Research on Energy and Clean Air (CREA) said in a report released on March 12. Russia’s fossil fuel revenues have »»»
Strait of Hormuz: Why reopening it is a big challenge
PARIS: Gasoline prices are rising largely because of the Iran war's impact on the Strait of Hormuz, a crucial passageway for oil and gas from the Arabian Gulf. The waterway off Iran's coast, now effectively closed, is so vital for the global economy that governments are working on blueprints to spe»»»