Oil and Petrochemicals
Ammonia Loading in the Strait of Hormuz for the First Time Since July
A 25,000-ton ammonia shipment passed through the Strait of Hormuz for the first time since last July. This shipment was...
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Oil and Petrochemicals
Oil Prices Rise Following Houthi Attacks and Tensions in the Strait of Hormuz
Oil prices increased due to new Houthi attacks on Saudi Arabia and maritime tensions in the Strait of Hormuz. Recent dev...
Oil and Petrochemicals
Increase in Brent and WTI Crude Oil Prices Following Attack on Saudi Aramco
The price of Brent crude oil reached $106 and WTI oil reached $94. Concerns about oil supply from Saudi Arabia are the m...
Economy
Gasoline prices in the U.S. have increased by 7.1%
The rise in energy costs in the U.S. has significantly impacted consumer inflation rates. Gasoline prices increased by 7...
Oil and Petrochemicals
Iran Threatens to Increase Attacks on Oil Tankers in the Strait of Hormuz
The increase in oil prices to $106.37 occurred as a result of Iran's threat to escalate attacks on oil tankers in the St...
Oil and Petrochemicals
Brent Oil Price Rises to $106 Amid Hormuz Tensions
Brent oil price reached $106.03 per barrel. Recent tensions in the Strait of Hormuz and attacks on vessels have heighten...
Oil and Petrochemicals
Increase in Brent and West Texas Oil Prices Due to Tensions in the Strait of Hormuz
Brent crude oil price reached $106.32 and West Texas oil reached $94.80. Tensions in the Strait of Hormuz have fueled th...
Oil and Petrochemicals
Missile Attack on Saudi Aramco Headquarters in Dhahran
The Saudi Aramco headquarters in Dhahran, Saudi Arabia, caught fire on Tuesday due to a missile attack by the Houthis. T...
Oil and Petrochemicals
Houthi Attacks on Aramco Oil Facilities and Injuries to Four People in Riyadh
The reciprocal attacks between the Houthis and the Saudi coalition on oil facilities in Yemen and Saudi Arabia have caus...
Economy
Shipbuilding activities in the maritime transport industry are on the rise
Shipbuilding activities in the maritime transport sector show significant growth. New contracts in this industry include...
Economy
Escalating Tensions in Iran Put Pressure on Europe's Natural Gas Supply
Increased attacks on U.S. allies and commercial shipping in the Persian Gulf have created a serious threat to global ene...
Oil and Petrochemicals
NABEP Deploys 11 New Drilling Rigs in Venezuela
NABEP aims to increase oil production to over one million barrels per day by deploying 11 new drilling rigs in Venezuela...