US-Iran Conflict | Egypt Oil & Gas

Saudi May Crude Exports Hit Record Low Amid Gulf Tensions

Saudi Arabia’s crude oil exports fell to a record low of 3.434 million barrels per day (mmbbl/d) in May despite a rebound in production, as regional conflict disrupted Gulf shipments and higher domestic crude use ...

Japan to Tap Oil Stockpiles for Additional 20 Days Amid Energy Supply Crisis

Japan is weighing an additional release of approximately 20 days' worth of oil reserves as early as May as the vital Strait of Hormuz remains largely closed despite a fragile two-week ceasefire between the US and ...

Madbouly: No Power Outages or Gas Shorages to Factories during Israel–Iran Conflict

The government had accounted for all scenarios to prevent power outages during the Israel-Iran war, said Prime Minister Mostafa Madbouly, while stressing that the state has already taken significant measures, incl ...

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