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Oil and Renewables

Oil and Renewables latest

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks
July 15th, 2026 - 04:08 GMT

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks

Renewed tensions between the US and Iran have pushed oil prices higher, bringing inflation risks back into focus for global investors, according to Lale Akoner, Global Market Strategist at eToro. While crude prices have risen amid concerns over slower traffic through the Strait of Hormuz, markets are not yet treating the situation as a full-scale oil supply crisis. Instead, investors appear to believe that energy supplies are becoming tighter, but not significantly disrupted. "Markets are pricing in higher geopolitical risk, but not a major supply shock," said Akoner. "Slower traffic ...
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Prices of oil derivatives in the local market are calculated based on international oil prices. (File photo)
January 3rd, 2016 - 07:11 GMT

Jordan: Fuel prices lowered by up to10 percent

The government decision to amend fuel prices would come into effect on January 15 (Image:FIle/Photo)
January 3rd, 2016 - 06:48 GMT

Cheap oil’s latest casualty: Oman follows suit with subsidy cuts

During the event
January 3rd, 2016 - 05:58 GMT

Fire Directorate & EQUATE launch Stay Safe Desert Campaign

Al Bawaba
December 30th, 2015 - 11:00 GMT

Not even Daesh can escape the vagaries of the oil price slump

Al Bawaba
December 29th, 2015 - 10:40 GMT

'Marathon' meetings between Shell-BG and Leviathan partners to finalize Israel gas export to Egypt

OPEC's last meeting in November ended without concrete plans to change the status quo. (File photo)
December 29th, 2015 - 10:00 GMT

Russia's playing the blame game over oil prices

Al Bawaba
December 28th, 2015 - 02:00 GMT

Iran bases new budget on oil at $35

Al Bawaba
December 28th, 2015 - 09:59 GMT

OPEC forecasts 47 percent rise in global energy demand by 2040

The economic activity is expected to improve over the next two years (Image: File/Photo)
December 27th, 2015 - 07:35 GMT

More than just oil: Kuwait's private sector expects 5 percent growth

Al Bawaba
December 27th, 2015 - 07:29 GMT

Iran sets up growth plan to develop renewable energy

The projects are scheduled to be completed in 18-24 months (Image: file/photo)
December 27th, 2015 - 06:56 GMT

Jordan: A brighter 2016 with more solar energy projects on the horizon

Al Bawaba
December 23rd, 2015 - 01:30 GMT

UN reiterates plea to Israel to compensate Lebanon for 2006 oil spill

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