Syria-Iraq Fuel Corridor Begins Gasoline Shipments
Gasoline shipments from Syria to Iraq have begun via Baniyas, creating a two-way energy corridor as Iraq develops alternative fuel routes amid disruptions to Strait of Hormuz shipping.
Iran - US war | Egypt Oil & Gas
UAE to Double Oil Exports by 2027 With New Fujairah Pipeline Bypassing Hormuz
The UAE will accelerate construction of a new oil pipeline to the port of Fujairah, aiming to double export capacity by 2027, according to the Abu Dhabi Media Office. Crown Prince Sheikh Khaled bin Mohamed bin Zay ...
US Gasoline Prices Surge to Four-Year High Amid Middle East Conflict
The average US gasoline price recorded its highest level in nearly four years following the escalation between the US, Israel, and Iran in late February, Reuters reported, citing data from the American Automobile ...
US Crude Exports Surge to 5.2 mmbbl/d Amid Global Supply Disruptions
The US came close to becoming a net crude exporter for the first time since World War II, as exports surged to 5.2 million barrels per day (mmbbl/d)—the highest level in seven months—driven by strong demand from E ...
Oil Prices Drop Below $100 As Ceasefire Deal Signals Hormuz Reopening
Oil prices declined sharply below $100 per barrel on April 8, after US President Donald Trump announced a provisional two-week ceasefire agreement with Iran, contingent on the immediate and secure reopening of the ...
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