Analysts say Venezuelan crude is hard to extract and refine, and likely can't replace oil stuck in the Strait of Hormuz.
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Saudi Arabia accuses Iran of attacking Saudi tanker in Strait of Hormuz Saudi Arabia has accused Iran of attacking a tanker in the Strait of Hormuz, leading to "fatalities" among the crew. "The…
Two dead after Monday attack on Saudi oil tanker in Hormuz, says shipping firm Two Filipino sailors were killed in an attack on an oil tanker in the Strait of Hormuz on Monday, Saudi Arabia's…
The Eastern Mediterranean’s importance is often measured by its gas discoveries, but reserves acquire strategic value only when they can reach consumers. Egypt’s Zohr, Israel’s Tamar and Leviathan,…
Oil prices surged on Tuesday, while European gas prices hit a three-year high, as renewed US strikes against Iran and Tehran’s threats of retaliation raised fresh concerns over the Strait of Hormuz.…
Egypt welcomed nearly 19 million tourists in 2025, according to Egypt’s Ministry of Tourism and Antiquities. The country… The post As Egypt targets 30 million tourists, how should airlines plan for…
Iran strikes US bases across region after American attack kills 18, including children Submitted by Elis Gjevori on Wed, 09/02/2026 - 10:15 After 200 days at sea, US aircraft carrier crew heads to…
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One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
