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Keywords: Oil prices
Fuel prices in Morocco are expected to rise again on Wednesday, with diesel remaining more expensive than gasoline as international oil markets continue to face supply pressures. The expected adjustment comes just two weeks after the previous increase. Diesel prices had already risen by 6 centimes per......
The rapid rise of the Houthis has opened a new and potentially destabilizing chapter in the Middle East. By gaining control of the Bab el-Mandeb strait in just nine days, the Iran-aligned Yemeni movement has acquired a strategic position capable of disrupting one of the world's most important maritime......
Tensions across the Arabian Peninsula have intensified as the Houthi movement steps up attacks against Saudi Arabia, while Tehran rejects accusations that it is directing or supporting the group’s military decisions in Yemen. The latest escalation follows a rapid Houthi offensive that has strengthened......
American diesel has reached a historic milestone. The average price per gallon hit $6.2694 on Tuesday in the United States, according to data from the American Automobile Association (AAA), amid ongoing tensions in the Middle East and disruptions related to attacks on Russian energy infrastructure. The......
US President Donald Trump has said Iran is seeking an agreement with Washington “at any cost,” while insisting that the United States will not accept a deal that fails to meet its demands. His remarks come as military tensions between the two countries continue to weigh heavily on regional......
Major investment banks are raising their forecasts for Brent crude prices as persistent disruptions to shipping routes in the Middle East increase concerns over the security of global oil supplies. Oil prices have moved above the $100-a-barrel threshold amid growing fears that prolonged disruptions......
Oil prices are on track to end the week above $100 a barrel for the first time since May, as escalating attacks and growing security risks across the Middle East fuel concerns over prolonged disruptions to global energy supplies. Despite a decline in prices during Friday’s trading session, both......
Brazilian President Luiz Inácio Lula da Silva’s government has approved an additional package of around $1.3 billion to support fuel prices, seeking to shield consumers and key sectors of the economy from the impact of rising global oil costs. The measure was introduced through an executive......
Oil prices extended their gains for a fourth consecutive session on Wednesday as escalating geopolitical tensions in the Gulf raised concerns about further disruptions to regional energy supplies. At around 09:42 Moscow time, October futures for US West Texas Intermediate crude were up 1.37% at $94.30......