oil

105 Articles
World

U.S. Cancels Scheduled Trade Talks with India Amid Tariff Dispute

The United States has canceled scheduled trade talks with India that were set to take place in New Delhi from August 25-29, 2025....

Economy

Global Reactions to Trump’s New Tariffs

In August 2025, President Donald Trump intensified his protectionist trade policies by imposing new tariffs on several major trading partners, including India, Brazil,...

Economy

U.S. Implements Historic Import Tariffs, Affecting Over 60 Countries

United States implemented a series of unprecedented import tariffs, marking a significant escalation in global trade tensions. These tariffs, ranging from 10% to...

Economy

UAE’s non-oil sector growth slows to 52.9 in July amid geopolitical tensions

In July 2025, the United Arab Emirates (UAE) experienced a notable slowdown in its non-oil business sector, with the S&P Global Purchasing Managers’...

Economy

Thailand’s Finance Minister announces new 19% tariff rate with U.S., aiming to boost global competitiveness and attract investor confidence

Thailand’s Finance Minister, Pichai Chunhavajira, announced a new 19% tariff rate on imports from the United States, effective August 7, 2025. This rate...

Crime

Sudan’s military regains control of Khartoum, prompting thousands of displaced citizens to return from Egypt

In July 2025, the Sudanese military successfully regained control of Khartoum, leading to a significant return of displaced citizens from Egypt. Following the...

Politics

Suriname’s parliament elects Jennifer Geerlings-Simons as first female president amid economic challenges

Suriname’s National Assembly elected Jennifer Geerlings-Simons as the country’s first female president, marking a historic milestone in the nation’s political landscape. The 71-year-old...

Economy

President Trump confirms August 1 deadline for 25% tariff on Indian goods over Russian oil purchases

President Donald Trump announced the imposition of a 25% tariff on Indian imports, effective August 1. This decision was driven by concerns over...

World

Saudi Arabia to Increase September Oil Prices to Asia for Second Consecutive Month

Saudi Arabia, the world’s largest oil exporter, is poised to increase its official selling prices (OSPs) for crude oil to Asia in September...

World

Libya’s National Oil Corporation (NOC) has initiated its first oil exploration tender since 2011

Libya’s National Oil Corporation (NOC) has initiated its first oil exploration tender since 2008, aiming to attract international companies to boost production and...