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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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The Ministry of Labor has taken penal action against as many as 707 companies and establishments, which failed to implement a mandatory Wage Protection Program.
December 11th, 2014 - 04:28 GMT

First they have to deal with Saudization, now this: Saudi Arabia penalizes 707 firms

Al Bawaba
December 11th, 2014 - 10:37 GMT

Not just after the slums: Qatar acquires Parisian luxury hotel for $405 billion

Bayoumi said that Egypt and the EU have implicitly agreed to resume the technical committees of the partnership’s work.
December 11th, 2014 - 10:30 GMT

On a silver plate? EU offers Egypt a new trade agreement

Al Bawaba
December 11th, 2014 - 04:55 GMT

Alhamdullilah! Iraq's economy shrinks less than expected

"I can't accept having my history stigmatised with approving a deal that might harm Jordan and Jordanians. The government is here to serve the country and its interests," the premier said.
December 10th, 2014 - 09:32 GMT

Not 'sitting' well? Jordan's Lower House recommends scrapping tentative gas deal with Israel

Al Bawaba
December 10th, 2014 - 08:13 GMT

Nine years overdue? Netanyahu makes cost-of-living promise ahead of Israeli elections

Al Bawaba
December 10th, 2014 - 08:01 GMT

The absolute perfectionist? Airbus delivery to Qatar Airways delayed 'indefinitely'

Al Bawaba
December 10th, 2014 - 07:27 GMT

Dubai doctors awarded Harvard scholarships

The Saudi market’s drop in the last few weeks has nearly wiped out the benchmark’s year-to-date gains, which now stand at just 1.1 percent.
December 10th, 2014 - 07:15 GMT

Fresh wave of panic selling: GCC stocks fall sharply, again

Jordan currently imports 97% of its energy, paying at least double what it would pay for Israeli gas.
December 10th, 2014 - 06:01 GMT

Jordan's energy minister wholeheartedly sells gas deal with Israel

Oil prices will stay at about $65 a barrel for at least half a year until OPEC changes its collective production
December 10th, 2014 - 05:36 GMT

Kuwait says oil prices 'stuck' at $65, unless OPEC changes it mind

Al Bawaba
December 10th, 2014 - 03:53 GMT

In for the long haul? BP to invest $12 billion in solving Egypt's energy crisis

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