Freight used to be almost incidental to the economics of the barrel, but now it can determine whether the trade happens at all ...

Iraq began trucking crude oil from its southern oilfields to keep its northern export routes supplied. State-owned Basra Oil Company (BOC) is launching a pilot program targeting 100k-150k bbl / d in ...

PLUS: Qatari Diar heads to the Red Sea this week, set to receive a 29 mn sqm plot in Hurghada for a new tourism project ...

Oman's Asyad Shipping is selling two VLCCs, Seeb and Samail, for USD 160.2 mn, according to a disclosure (pdf), alongside the USD 17.5 mn sale of its 18-year-old MR product tanker Al Amerat, according ...

Washington says oil is moving through Hormuz again. Crude, cargo, and LNG through the strait hit a six-month high over the past two weeks, US Centcom Commander Admiral Brad Cooper said (watch, runtime ...

Washington says oil is moving through Hormuz again at a six-month high: Centcom’s Admiral Brad Cooper says GCC states have moved over 1 bn barrels through the strait in two months, with Iran exporting ...

Every function now has a budget story to defend. Marketing needs to explain campaign spend. Operations needs to understand cost behavior. Sales needs to ...

GCC issuance fell 23% y-o-y to USD 51.1 bn in 1H 2026, down from USD 66 bn, as the regional conflict disrupted borrowing plans and issuers adjusted the timing of sovereign funding and liability ...

Good morning, lovely people. Two tech stories today — one about whether our outsourcing boom can adapt to AI, and another about a Cairo-born ...

A consortium that includes Cristiano Ronaldo and RedBird Capital Partners is in talks to buy a stake in Al Nassr from the Public Investment Fund, Portugal’s A Bola reports. The paper put the group at ...

Albilad will quote its own ETFs. Albilad Capital has been cleared to make markets in three of its ETFs. The Saudi Exchange approved Albilad Capital as a market maker, under its ex ...

Yas Island gets a new AED 6 bn residential project. Yas Island is set to add nearly 4k homes through a new AED 6 bn mixed-use development, with Cosmo Developments — a joint vent ...