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Germany, which depends on Russia for two-thirds of its gas imports, is thinking of alternatives after the Russian attack on Ukraine, and the imposition of economic sanctions on Moscow. After...
The Kremlin accused the United States on Wednesday of declaring an economic war on Russia that was sowing mayhem through energy markets, and put Washington on notice it was...
The Indian rupee fell to a historic low on Monday, while bond yields surged as a sharp rise in global prices of crude oil stirred concern about domestic inflation,...
Iran and the International Atomic Energy Agency (IAEA) had announced on Saturday that they have reached an understanding over the need to adopt a common approach to sort out issues...
Stocks extended their losses for the week on Friday as investors piled into government bonds and gold for cover while scrutinising the latest twists in Russia’s escalating invasion of Ukraine,...
Gulf Today Report Oil prices have topped more than $100 a barrel for the first time since 2014 after Vladimir Putin announced a Russian invasion of Ukraine, according to...
Abu Dhabi National Oil Company (Adnoc) on Thursday announced framework agreement awards valued at $1.94 billion (Dhs7.1 billion) to enable drilling growth. The awards build on Adnoc’s recent record investments...
BP’s profits hit their highest in eight years in 2021, lifted by soaring gas and oil prices, as the company boosted share repurchases and accelerated plans to cut emissions with...
Oil prices rose for a fourth day on Wednesday after a fire on a pipeline from Iraq to Turkey briefly stopped flows, increasing concerns about an already tight short term...
Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook. Brent...
