Middle East conflict | Egypt Oil & Gas

India Resumes Iranian Oil Imports After 5-Year Halt Amid Supply Disruptions

India has resumed buying oil from Iran for the first time in nearly five years, as ongoing tensions in the Middle East continue to disrupt supplies, especially through the Strait of Hormuz, Reuters reported.

TotalEnergies: Higher Oil Prices to Offset Middle East Production Cuts

TotalEnergies reported that production in Qatar, Iraq, and offshore UAE is either halted or in the process of shutting down, representing around 15% of the company’s total output. Onshore UAE production, estimated ...

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