ECONOMIC IDEAL – Oil prices rose for a fourth consecutive day in global trade on Thursday as ongoing .U.S. military aggression against Iran fueled concerns over potential supply disrup... Read more
ECONOMIC IDEAL – According to a Bloomberg survey, OPEC’s crude oil production increased last month as Gulf producers resumed exports through the Strait of Hormuz following the Ir... Read more
ECONOMIC IDEAL – Global oil prices jumped by more than one dollar per barrel during Thursday’s trading session, following an official announcement that the Strait of Hormuz has been cl... Read more
ECONOMIC IDEAL – As Iran’s southern ports have faced challenges due to the naval blockade in the Strait of Hormuz over the past two to three months, an opportunity has emerged fo... Read more
ECONOMIC IDEAL – According to Pakistani media reports, authorities at Port Qasim in Karachi announced the arrival of the third shipment of Qatari Liquified Natural Gas (LNG) in Pakista... Read more
ECONOMIC IDEAL – Despite earlier reports suggesting the Qatari gas tanker “Mihzem” had been turned back, Western media outlets reported on Tuesday that the vessel has succe... Read more
ECONOMIC IDEAL – Saudi oil giant Aramco says the world has lost about one billion barrels of oil since the joint US–Israeli war of aggression against Iran triggered the most severe shi... Read more
ECONOMIC IDEAL – Oil prices have risen after Iranian officials emphasized that the Strait of Hormuz will “under no circumstances” return to its previous state for the US and its allies... Read more
ECONOMIC IDEAL – Global oil prices have surged after US President Donald Trump said the US Navy would enforce a blockade on the Strait of Hormuz, a strategic waterway through which abo... Read more
