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Oil Gridlock: 26 tankers swarm Iran's Kharg island
May 22nd, 2026 - 11:46 GMT
Osama Ali

Osama Ali

Oil Gridlock: 26 tankers swarm Iran's Kharg island

ALBAWABA - A fresh review of satellite images has shown a record number of oil tankers circling Iran’s Kharg Island, underscoring mounting pressure on the country’s energy industry as curbs on its oil exports persist. Images dated May 21 show around 26 tankers clustered around the island’s loading terminals and nearby waterways, the most boats spotted there since the conflict began earlier this year. The photographs show that export activities ...
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Hyundai Motor Shares Soar Nearly 8 Percent As South Korea Announces New "Green Deal"
July 15th, 2020 - 12:30 GMT

Hyundai Motor Shares Soar Nearly 8 Percent As South Korea Announces New "Green Deal"

Boeing: Deliveries Plummet 78 Percent in Q2
July 15th, 2020 - 12:00 GMT

Boeing: Deliveries Plummet 78 Percent in Q2

Kuwait Cancels $1.4 Billion Solar Project Due to COVID-19
July 15th, 2020 - 11:30 GMT

Kuwait Cancels $1.4 Billion Solar Project Due to COVID-19

Nokia's New Software can Instantly Migrate 5 Million Legacy 4G Radio Units to 5G
July 15th, 2020 - 11:00 GMT

Nokia's New Software can Instantly Migrate 5 Million Legacy 4G Radio Units to 5G

Aramco Announces the Reorganization of Downstream Business
July 15th, 2020 - 10:30 GMT

Aramco Announces the Reorganization of Downstream Business

Bahrain's Investcorp Sells Industrial Real Estate Properties for $200 Million
July 15th, 2020 - 10:00 GMT

Bahrain's Investcorp Sells Industrial Real Estate Properties for $200 Million

Saudi Arabia to Launch Derivatives Market, Index Futures in August 30
July 15th, 2020 - 09:30 GMT

Saudi Arabia to Launch Derivatives Market, Index Futures in August 30

Tunisia: Budget Deficit Projected to Hit 7 Percent of GDP
July 15th, 2020 - 09:00 GMT

Tunisia: Budget Deficit Projected to Hit 7 Percent of GDP

Egypt: 15 Percent Increase in Newly-Established Companies in June 2020
July 15th, 2020 - 08:30 GMT

Egypt: 15 Percent Increase in Newly-Established Companies in June 2020

India: Tech Giants Race to Invest in Reliance's Jio
July 15th, 2020 - 08:10 GMT

India: Tech Giants Race to Invest in Reliance's Jio

India: Sensex Drops Over 600 Points
July 15th, 2020 - 07:05 GMT

India: Sensex Drops Over 600 Points

IMF: MENA Oil Exporting Countries to Lose $270 Billion in 2020
July 15th, 2020 - 07:00 GMT

IMF: MENA Oil Exporting Countries to Lose $270 Billion in 2020

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