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Oil and Renewables

Oil and Renewables latest

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks
July 15th, 2026 - 04:08 GMT

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks

Renewed tensions between the US and Iran have pushed oil prices higher, bringing inflation risks back into focus for global investors, according to Lale Akoner, Global Market Strategist at eToro. While crude prices have risen amid concerns over slower traffic through the Strait of Hormuz, markets are not yet treating the situation as a full-scale oil supply crisis. Instead, investors appear to believe that energy supplies are becoming tighter, but not significantly disrupted. "Markets are pricing in higher geopolitical risk, but not a major supply shock," said Akoner. "Slower traffic ...
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Operation Tidal Wave II has focused specifically on supply lines tied to the illicit movement of oil said to be financing regional terrorism operations. (Twitter/KR Security Council)
August 13th, 2016 - 11:05 GMT

Senior Daesh oil commander killed by Kurdish, US forces

In September 2015, after bilateral negotiations in Tehran it was announced that the project will be operational by late 2017. (AFP/File)
August 11th, 2016 - 02:00 GMT

Oman and Iran agree to redesign gas pipeline route

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 11th, 2016 - 10:12 GMT

Dubai to purchase new government electric and hybrid vehicles

Contracts traded during the five-day period ending August 4 suggest the market expects WTI prices could range from $29 a barrel to $61 a barrel. (File photo)
August 11th, 2016 - 10:00 GMT

EIA estimates oil prices will stabilize in 2017

Kuwait is preparing a comprehensive economic program to face the challenges imposed by the drop in oil prices and to achieve a balance in the national economy via diversifying income sources and putting an end to wasting public funds. (AFP/File)
August 10th, 2016 - 02:00 GMT

Kuwaiti government hikes up fuel prices

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 9th, 2016 - 11:30 GMT

DEWA launches annual peak load reduction campaign

Salalah Tourism Festival 2016
August 9th, 2016 - 07:39 GMT

Oman Oil Marketing efforts to support lucrative industries proves successful at Salalah Tourism Festival

During the event
August 9th, 2016 - 05:34 GMT

HE Saeed Mohammed Al Tayer, Chairman of Smart Dubai Office (SDO), receives Chairman and Director-General of Dubai Health Authority (DHA)

Oman's economic growth is expected to slow in 2016 and 2017 to an average of 2 per cent. (File photo)
August 8th, 2016 - 11:00 GMT

Oman economy slows as oil prices remain low

During the event
August 8th, 2016 - 08:58 GMT

EQUATE continues innovation partnership with Altaaat

The growth in Saudi's oil sector is driven mainly by record oil production that remained above the 10 million bpd level throughout 2016.(File Photo)
August 7th, 2016 - 04:16 GMT

Saudi oil sector increases by 5.1 percent

Egypt announced in 2014 ambitious plans to develop renewable energy. (File photo)
August 7th, 2016 - 12:00 GMT

Investors' high hopes clouded by Egypt’s solar power struggles

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