Social and Events

Most exports from the Gulf that transit the Suez Canal and the SUMED Pipeline also pass through Bab al-Mandeb strait.

One of the VLCCs sustained minimal damage.

Arabs living in Iraq’s Kirkuk are seeking Turkey’s support for reconstructing the oil-rich city.

For China the demand for electricity and the supply mismatch presents an opportunity to help ASEAN.

The two sides exchanged views on Tehran-Moscow energy cooperation roadmap.

Trading crude oil in IRENEX will occur soon through follow-up measures by the oil and finance ministers.

U.S. energy companies last week cut the number of oil rigs by the most since March following recent declines in oil prices.

US officials have called on buyers of Iran'.s crude oil to end imports from the country as of November.

China is seeking more business in the UAE as part of its free trade pivot.

The two countries will probably resume production on two joint oilfields in the south of Kuwait.