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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 ...
Read more
 “We never took one dollar from the State of Israel,” said Marco in an interview he gave to the British newspaper “The Guardian” last August.
February 16th, 2014 - 10:12 GMT

Disowned! Desperate to retain its consumer base, Viber tries to zealously distance itself from Israel

He also set up the first British curriculum school, the Dubai English Speaking School.
February 16th, 2014 - 09:22 GMT

RIP: British mastermind behind Dubai passes away after more than 50 years of service

Al Bawaba
February 16th, 2014 - 03:00 GMT

You will be shocked by what Saudi is claiming is the reason behind its stalled healthcare development

Al Bawaba
February 16th, 2014 - 01:00 GMT

No more royal Sugar Daddies for Morocco's sweet cane industry

Land transport activity is continuing at 80,000 trucks per year
February 16th, 2014 - 09:55 GMT

Jordan, Iraq stress oil pipeline still on track despite financial 'mishap'

Al Bawaba
February 16th, 2014 - 08:55 GMT

Egyptian government approves oil, gas agreements worth $265m

Al Bawaba
February 16th, 2014 - 08:49 GMT

Can't buy me love (or loyalty?): Obama's $1 billion loan guarantee to Jordan is more than just a simple number

The four Asian buyers together cut oil imports from Iran by 15 percent on the year to an average of 935,862 bpd in 2013, government and industry data showed.
February 16th, 2014 - 03:55 GMT

Going against the tide? South Korea imports from Iran fall by over 50%

UAE spending on airport security is estimated to reach $57.7 million by 2015, with a view to increase investment on homeland security, economic development and rapid population growth
February 16th, 2014 - 03:55 GMT

A worthy cause? UAE to spend $10 billion in 10 years over airport security

This year, the show is set to welcome over 17,000 visitors with an exhibitor line-up of 170 suppliers showcasing the latest innovations and development in the aviation sector.
February 15th, 2014 - 11:41 GMT

The other Expo: Abu Dhabi's Air Expo ready for 'record attendance'

"Economic epic would be realized by people’s participation and the government would succeed in reviving the economy,” he added.
February 14th, 2014 - 08:29 GMT

Rouhani to launch probe on $3billion worth of missing public money

Al Bawaba
February 13th, 2014 - 03:00 GMT

Moscow's second largest oil producer wants to invest in this MENA economy

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