An oil spill from a tanker has been detected off the coast of the Emirate of Umm Al Quwain in the United Arab Emirates.
World oil prices have increased against the backdrop of escalating tensions in the Middle East.
Global oil prices remained at a high level on September 28 amid concerns about possible disruptions to oil supplies.
The price of Brent crude oil fell by 6.03%, settling at $78.72 per barrel.
As of August 3, oil prices worldwide experienced a decline.
Brent crude oil prices exceeded $100 per barrel for the first time since May.
Global oil prices rose sharply during rising tensions around Iran.
The UAE plans to launch a new pipeline in 2027 to export oil bypassing the Strait of Hormuz. This is reported by Al Arabiya.
Hungary has returned the gold and cash belonging to Oschadbank, which had been confiscated in February, back to Ukraine. This was announced by Ukrainian President Volodymyr Zelensk...
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has issued a license that allows Russia to sell oil and petroleum products loaded onto ships until March 12.
The ship was trying to violate the quarantine imposed by President Donald Trump, hoping to escape, the Pentagon stressed.
Cuba has only 15-20 days of oil reserves left after the United States blocked supplies from Venezuela and put pressure on Mexico, the last supplier of energy resources to the islan...