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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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India and the UAE agreed to cooperate for setting up a strategic petroleum reserve in Asia’s third largest economy
March 6th, 2014 - 09:25 GMT

What's the UAE up to? For one, it's helping India boost its strategic crude oil storage

Al Bawaba
March 6th, 2014 - 08:55 GMT

Arabian Oud gets 97% satisfaction on amazon.com and the customers aren't only Arabs!

Iran is on course to become the world’s largest importer of natural gas by 2025 unless it can rein in rampant domestic demand,
March 6th, 2014 - 03:55 GMT

Isn't it supposed to be the exporter here? With its slow progress, Iran forced to triple gasoline imports

"Under such a scenario, sovereign credit quality in the GCC would be affected to varying degrees, with Bahrain and Oman most vulnerable to a potential downward adjustment of their sovereign rating."
March 6th, 2014 - 03:55 GMT

Nothing gentle here: Moody's tells GCC states to brace themselves for a 'gentle decline in oil prices'

Zaza played down the extent of the money crunch, saying that “we are facing hardship and not a crisis.”
March 5th, 2014 - 08:14 GMT

With the Egyptian blockade, is Hamas in deep financial trouble? Well, its employees are complaining about not being paid

Last week the World Bank announced a $1.2bn programme to support economic and political reform in Tunisia after the adoption in January of a new constitution.
March 5th, 2014 - 03:55 GMT

Ready to borrow more than a billion: Tunisia's PM says economic woos could become "catastrophic"

Al Bawaba
March 5th, 2014 - 03:00 GMT

Medicine in Malaysia: What's the UAE got to do with it?

Al Bawaba
March 5th, 2014 - 01:48 GMT

The future has arrived: UAE leading the way with new boat invention!

Al Bawaba
March 5th, 2014 - 09:55 GMT

Mixing leisure and business: 11 million guests check in at Dubai hotels in 2013

Al Bawaba
March 5th, 2014 - 08:16 GMT

High dividends boosting interest in Lebanese banks’ shares

Al Bawaba
March 5th, 2014 - 03:55 GMT

Egyptian minister heads to world's largest tourism convention in attempt to win back tourists

The developer, which gave away yachts and sports cars to buyers of its luxury properties during the downturn, said it booked sales worth $2.5 billion in 2013, compared with only $661 million the previous year.
March 5th, 2014 - 03:55 GMT

Too good to not be a bubble? Dubai's DAMAC real estate developer triples profits in 2013

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