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Massive Gains for Iran from India as tension rases
April 4th, 2026 - 08:35 GMT
Osama Ali

Osama Ali

Massive Gains for Iran from India as tension rases

ALBAWABA - As the continuous turmoil in the Middle East interrupts energy supply channels and puts pressure on international markets, India has started importing Iranian crude oil for the first time since 2019. India's Ministry of Petroleum claims that in order to counteract interruptions caused by instability in the Strait of Hormuz, Indian refineries have obtained crude supplies from a variety of sources, including Iran. The action follows years of ...
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Dubai’s stock market was the world’s best performing this year until it was caught up in a regional sell off amid tumbling oil prices.
December 15th, 2014 - 03:16 GMT

2014's gains officially erased by oil: Dubai index no longer world's best performing

Al Bawaba
December 15th, 2014 - 03:05 GMT

Egypt's stock market loses $3 billion in one day

Al Bawaba
December 14th, 2014 - 06:28 GMT

More like the ‘gold’ lining? Oil price fall a golden opportunity to switch to clean energy, says IEA

Al Bawaba
December 14th, 2014 - 06:17 GMT

Keeping up the fight for market share? Saudi oil production inches up in November

Al Bawaba
December 14th, 2014 - 05:55 GMT

Some grace, please: Iraq asks Kuwait to accept delay in 1990 war reparations

Al Bawaba
December 14th, 2014 - 05:55 GMT

Ex-HSBC staffer accused of trying to sell espionage data in Lebanon

Al Bawaba
December 14th, 2014 - 05:55 GMT

The 'black' hole? 41% of Egyptian corruption investigations 'incomplete', says World Bank

Al Bawaba
December 14th, 2014 - 04:55 GMT

Two years later: EU announces reform of Lebanon's tax adminstration

Al Bawaba
December 12th, 2014 - 08:06 GMT

First rents, now this: UAE salaries fail to keep up with inflation

Al Bawaba
December 11th, 2014 - 05:05 GMT

Emirates lashes out at Airbus, in public

Saudi Arabia will stop buying domestically-grown wheat in two years' time and rely completely on imports of the grain
December 11th, 2014 - 04:56 GMT

Giving up on 'mircales': Saudi Arabia to halt domestic wheat production

Al Bawaba
December 11th, 2014 - 04:40 GMT

The blame game commences: Rouhani calls plunging oil prices 'political conspiracy'

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