#middle-east
Hormuz and the end of the old oil order
The Middle East conflict makes clear that great‑power politics now matter as much as OPEC quotas and output Read Full Article at RT.com
India services growth picks up in April on strong domestic demand, PMI shows
India's services sector saw growth in April, boosted by strong domestic demand. This rise followed a dip in March. However, global orders slowed. Middle East uncertainties are impacting future optimism. New business accelerated, with consumer services leading…
A new Muslim pact in the Middle East?
Turkey, Saudi Arabia, Pakistan, and Egypt are up to something.
Reliance cuts exports of alkylates, boosts LPG output
Reliance Industries is increasing liquefied petroleum gas production. The company is reducing output of alkylates, a gasoline-blending component. This move aims to compensate for lost LPG imports from Middle Eastern countries. India faces a severe cooking fue…
For foreign workers in the Mideast, risk from the Iran war collides with economic strain at home
For millions of foreign workers in the Mideast, the Iran war has made life even more precarious
Oil Spikes Above $110 on Iran War Escalation and UAE OPEC Shock Exit
Brent surges above $110 as fears grow that the U.S.-Iran war could drag into a prolonged conflict, while the UAE’s shock OPEC exit raises questions over a broader Middle East energy realignment. Oil Boom, Currency Zoom: Energy Winners Surge as Importers Feel …
First LNG Shipment Since War Began Appears to Exit Hormuz
The first liquefied natural gas shipment since the war in the Middle East began two months ago appears to have traversed the Strait of Hormuz to exit the Persian Gulf.
Trump to Address Iran Proposal ‘Very Soon’ as Oil Rises Further
US President Donald Trump convened his national security team to discuss Iran’s proposal to end a war now in its third month and which has left thousands dead across the Middle East, as well as disrupted energy supplies.
Read It and Weep: Iran is Kicking Pool Old Standard Oil to the Curb
(Comment on Scott Ritter Substack 04-26-26 'A New Middle Eastern Power Paradigm', in the 1st comment section.) The Iranian chokehold of the world's throat has an historical precedent, a very strange one, because their control succeeds the historical monopoly …
Mideast Urea Output Slumps With Lack of Fertilizer Ships to Load
More than half of the Middle East’s urea output may have been lost since the start of the Iran conflict, which is continuing to disrupt fertilizer flows from the region and threatening global food inflation.