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Strategic Oil Reserves
March 14th, 2026 - 12:53 GMT
Osama Ali

Osama Ali

Japan announces major oil reserve release amid Iran war market shock

ALBAWBA - As part of an international effort to calm the world's energy markets after the conflict with Iran caused substantial price hikes, Japan announced intentions to release a significant amount of its strategic oil reserves. After initially expressing reluctance, European nations have decided to take part in a coordinated release of oil reserves, according to Japanese Industry Minister Ryosei Akazawa on Saturday. After Japan had earlier assisted in easing ...
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Jordan consumes 100,000 barrels of oil a day, according to government figures (File Archive/Shutterstock)
March 10th, 2014 - 07:56 GMT

Double the...trouble? Iraq ready to double crude oil exports to Jordan

Al Bawaba
March 10th, 2014 - 06:08 GMT

Dubai’s non-oil trade reached Dh1.329 trillion in 2013

Al Bawaba
March 10th, 2014 - 05:00 GMT

Watch out UAE firms! Soon, clients will be checking out your work practices in new Halal Index

Al Bawaba
March 9th, 2014 - 01:00 GMT

Kuwait real estate sales top one billion in January

Al Bawaba
March 9th, 2014 - 10:55 GMT

Guess which MENA hub is sending Serbia $1 billion in loans!

In 2012, Oman exported about OMR3.5 billion worth of non-oil commodities
March 9th, 2014 - 09:55 GMT

Oman targets 15% growth in non-oil exports

Al Bawaba
March 9th, 2014 - 08:08 GMT

This UAE mosque is not a mirage! MENA's first and largest eco-friendly prayer place 85% complete

Al Bawaba
March 9th, 2014 - 07:52 GMT

Living in the lap of luxury: here is one investment opportunity GCC countries cannot miss

Al Bawaba
March 9th, 2014 - 07:26 GMT

UAE's Marka planning IPO

Qatar Airways will fly to Tokyo's Haneda airport daily starting on June 18 (File Archive)
March 6th, 2014 - 02:00 GMT

Guess where Qatar Airways will be flying daily by June....

Al Bawaba
March 6th, 2014 - 01:00 GMT

NY to London in 2 hours?! Gulf investors in talks to launch new era of supersonic jets

Abu Dhabi is not just building skyscrapers: it is constructing an infrastructure to become the world's aerospace hub as part of its 2030 vision (File Archive)
March 6th, 2014 - 10:34 GMT

Abu Dhabi is shooting for the moon and more with target to become global aerospace hub

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