US-Iran Conflict | Egypt Oil & Gas

Oil Prices Surpass $100 amid Supply Concerns

International oil prices climbed above $100 per barrel on September 9 for the first time since July as escalating military confrontations involving Iran, the US, and Houthi forces intensified concerns over global oil ...

Saudi May Crude Exports Hit Record Low Amid Gulf Tensions

Saudi Arabia’s crude oil exports fell for a third consecutive month in May, reaching a record low, according to data released by the Joint Organizations Data Initiative (JODI) on Tuesday, as the Iran-Israel conflict d...

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

Japan is weighing an additional release of about 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 Iran, ...

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, includin...

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