Oil prices are holding steady above $100 a barrel for the second month amid escalating regional tension as the US-Israel war entered its fifth week.
Updated 3/30/2026 10:05:00 AM
The Ministry of Transport decided to raise prices of train tickets and certain metro fares as of March 27th.
Updated 3/29/2026 12:46:00 AM
The Ministry of Petroleum and Mineral Resources has decided to adjust the prices of some petroleum products and compressed natural gas (CNG) for vehicles amid the recent exceptional conditions the global energy market faces.
Updated 3/10/2026 5:52:00 AM
Oil prices surpassed $100 a barrel for the first time since July 2022, driven by escalating tensions in the Middle East.
Updated 3/9/2026 9:49:00 AM
In this factsheet, we shed light on the strategic importance of the Strait of Hormuz in global oil trade, identify the economies most affected by its closure, and examine the potential alternatives available for Arab countries for re-routing their oil and petroleum product exports.
Updated 3/5/2026 12:04:00 PM
Oil prices jumped on Monday, as the Iranian crisis worsened after at least three ships were attacked near the Strait of Hormuz.
Updated 3/2/2026 9:26:00 AMOil prices hiked on Wednesday following an Israeli attack on Hamas leadership in Qatar, with Brent crude futures rising 35 cents, or 0.53%, to $66.74 a barrel
Updated 9/10/2025 8:04:00 AM