The New Arab Logo

Breaking News

Saudi Arabia will issue bonds by January to fund government spending.

Oman Oil will be the latest Gulf energy giant to sell shares to the public.

Doubts cast on Aramco IPO after Saudi oil attacks

The New Arab

Doubts cast on Aramco IPO after Saudi oil attacks

Saudi Arabia might have to put a much anticipated IPO of Aramco on hold after strikes on its oil infrastructure.

Former Iranian Revolutionary Guards leader says 'seize British tankers'

The New Arab

Former Iranian Revolutionary Guards leader says 'seize British tankers'

It follows the seizure of an Iranian tanker by Gibraltar authorities.

Iran turns to BRICS nations as sanctions build

Omid Shokri Kalehsar

Iran turns to BRICS nations as sanctions build

Analysis: Brazil, Russia, India, China and South Africa all offer potential markets for Iranian oil, but all will be wary of US retaliation, ...

Paul Iddon

A history of Iranian threats to close Hormuz Straits

Tehran has frequently threatened to shut down the Strait of Hormuz, a bottleneck choke-point for the world's oil supplies, over the past 50 years.

Diana Alghoul

Experts weigh in on Qatar pulling out of OPEC

As the world speculates on what may follow Qatar's unexpected announcement it would leave OPEC, analysts assured the move was unlikely to have ...

Omid Shokri Kalehsar

Washington boosts LNG with Iran in sanctions crosshairs

While decimating Iran's capacity to produce and export energy resources, the United States is raising its own production to fill a lucrative gap ...

The New Arab

Trump demands Saudis compensate Iranian oil shortages he caused

Trump attacked OPEC on Sunday, accusing it of "manipulating" the oil market, demanding a production increase of 2 million barrels to counter the ...

Toppling Saudi Arabia as top world oil producer

Nehad Ismail

Toppling Saudi Arabia as top world oil producer

Analysis: US oil production is fast approaching 11 million barrels per day, which will make it the undisputed top dog in global output, writes ...

Stasa Salacanin

Welcome back, OPEC

Analysis: Two years of squabbling over plunging prices almost disbanded the oil cartel, but after several non-OPEC countries got on board to ...

Iran welcomes OPEC production cut deal

The New Arab & agencies

Iran welcomes OPEC production cut deal

Iran's President Hassan Rouhani welcomed the OPEC deal calling the decision "a positive development", allowing Tehran to boost its production.

'Historic' OPEC deal allows Iran to boost oil production

James Brownsell

'Historic' OPEC deal allows Iran to boost oil production

Despite overall cut to cartel's output, Iran will be allowed to increase its oil output by 90,000 barrels per day.

Most Popular

Most Popular