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28 articles with this tag

Global Inflation Surges Again as Oil Prices Breach $100 Amid Middle East Supply DisruptionsEconomy

Global Inflation Surges Again as Oil Prices Breach $100 Amid Middle East Supply Disruptions

Global inflation is resurfacing as oil prices surpass $100 a barrel due to ongoing disruptions in the Strait of Hormuz and threats to Saudi oil supplies, forcing central banks to rethink traditional policies.

Al Jazeera English|September 17, 2026|1
East-West Pipeline Blast Forces Saudi Arabia to Halt Oil Supplies to EuropeEconomy

East-West Pipeline Blast Forces Saudi Arabia to Halt Oil Supplies to Europe

Saudi Arabia has halted oil supplies to Europe following a blast on the East-West pipeline. The incident has disrupted energy transport as detailed in the accompanying video coverage.

Al Jazeera English|September 16, 2026|1
Saudi Arabia Confronts Critical Security Choices as Houthi Escalation Threatens Global Oil SuppliesEconomy

Saudi Arabia Confronts Critical Security Choices as Houthi Escalation Threatens Global Oil Supplies

Saudi Arabia faces mounting security and economic threats as Houthi rebels capture key Red Sea positions and vital oil routes, testing regional alliances and relations with Washington.

Al Jazeera English|September 15, 2026|1
Global Oil Prices Surge Near $108 Following Saudi Pipeline Shutdown After AttacksEconomy

Global Oil Prices Surge Near $108 Following Saudi Pipeline Shutdown After Attacks

Oil prices surged near $108 a barrel after Saudi Arabia halted its vital East-West oil pipeline following attacks, heightening global supply concerns.

The National|September 14, 2026|1
Saudi Arabia Shuts Down Critical Oil Pipeline Following Drone Attack Amid Widening Iran ConflictEconomy

Saudi Arabia Shuts Down Critical Oil Pipeline Following Drone Attack Amid Widening Iran Conflict

Saudi Arabia has shut down a vital oil pipeline following a drone attack originating from Iraq, compounding energy supply concerns as the Iran conflict widens.

Egypt Independent|September 12, 2026|1
Strait of Hormuz Disconnect: Why US Claims on Oil Shipping Differ From Real-World DataEconomy

Strait of Hormuz Disconnect: Why US Claims on Oil Shipping Differ From Real-World Data

A stark discrepancy exists between US claims of record-high shipping traffic through the Strait of Hormuz and marine tracking data showing significantly fewer vessels transiting the waterway.

Al Jazeera English|September 3, 2026|1
Why China's Support for Iran Has Clear Limits Amid US PressureEconomy

Why China's Support for Iran Has Clear Limits Amid US Pressure

Despite diplomatic and economic ties, analysts explain why China's support for Iran has strict limits as Washington ramps up pressure on Tehran.

Al Jazeera English|September 3, 2026|1
Analyst Warnings: Why New Pipelines Won't Make the Strait of Hormuz ObsoleteEconomy

Analyst Warnings: Why New Pipelines Won't Make the Strait of Hormuz Obsolete

Analysts warn that despite multi-billion-dollar pipeline projects by Gulf nations, the Strait of Hormuz will remain a critical global trade route for energy and shipping.

The National|September 2, 2026|1
Oil Prices Surpass $95 Amid Renewed US-Iran Conflict and Strait of Hormuz DisruptionsEconomy

Oil Prices Surpass $95 Amid Renewed US-Iran Conflict and Strait of Hormuz Disruptions

Oil prices climbed past $95 a barrel as renewed fighting between the US and Iran sparked fears of prolonged disruptions to shipments through the Strait of Hormuz.

The National|September 2, 2026|1
US Secures Vast Venezuelan Oil Reserves in Landmark Deal Amid Global Energy StrainsEconomy

US Secures Vast Venezuelan Oil Reserves in Landmark Deal Amid Global Energy Strains

The US has secured a sweeping oil production agreement with Venezuela to access vast reserves and stabilize energy markets amid ongoing global conflict and rising costs.

The National|September 1, 2026|1
Global Economic Shockwaves: Winners and Losers of the US-Israel War on IranEconomy

Global Economic Shockwaves: Winners and Losers of the US-Israel War on Iran

Six months into the US-Israel war on Iran, global energy markets and supply chains face severe turmoil, creating massive financial windfalls for oil and defense companies while burdening taxpayers, consumers, and airlines.

Al Jazeera English|August 31, 2026|1
Delcy Rodriguez Affirms Venezuela's Sovereignty Following US Oil AgreementEconomy

Delcy Rodriguez Affirms Venezuela's Sovereignty Following US Oil Agreement

Delcy Rodriguez asserts that Venezuela retains its full sovereignty despite the implementation of a new US oil agreement.

Al Jazeera English|August 30, 2026|1
Trump Announces Landmark US-Venezuela Oil Deal to Double American Reserves and Lower Gas PricesEconomy

Trump Announces Landmark US-Venezuela Oil Deal to Double American Reserves and Lower Gas Prices

President Donald Trump announced a new oil agreement with Venezuela to secure majority control over 65 billion barrels of reserves, a move intended to double US reserves and lower gas prices.

Egypt Independent|August 29, 2026|1
US Nears Landmark Agreement to Secure Venezuelan Oil Fields and Boost Energy SuppliesEconomy

US Nears Landmark Agreement to Secure Venezuelan Oil Fields and Boost Energy Supplies

The Trump administration is reportedly close to finalizing an agreement with Venezuela to secure long-term access to vital crude reserves and boost American energy supplies.

Al Jazeera English|August 28, 2026
Oil Prices Plunge Over 3% to One-Week Low Following Sweeping US Sanctions on IranEconomy

Oil Prices Plunge Over 3% to One-Week Low Following Sweeping US Sanctions on Iran

Oil prices dropped over 3 percent to a one-week low as investors evaluated the impact of sweeping new US economic sanctions on Iran and ongoing regional tensions.

The National|August 25, 2026|1
US Imposes Stiff New Sanctions on Iran Amid Escalating Economic PressuresEconomy

US Imposes Stiff New Sanctions on Iran Amid Escalating Economic Pressures

The US administration has unveiled severe new economic sanctions and a naval blockade targeting Iran's oil, aviation, and shipping sectors as the ongoing conflict approaches the six-month mark.

Al Jazeera English|August 25, 2026|1
Iran Prepares for Severe New US Economic Sanctions Amid Escalating ConflictEconomy

Iran Prepares for Severe New US Economic Sanctions Amid Escalating Conflict

Iran is bracing for severe new US economic sanctions and an 'economic D-Day' as military officials and analysts weigh the impact on the struggling Iranian economy.

Al Jazeera English|August 24, 2026|1
Global Petrol Prices Surge Across 145 Countries Following War in IranEconomy

Global Petrol Prices Surge Across 145 Countries Following War in Iran

Petrol prices have surged in at least 145 countries over the past six months following the war in Iran, driving up transportation and food costs globally.

Al Jazeera English|August 24, 2026|1
High-Stakes Energy Battleships: Navigating the Crisis in the Strait of HormuzEconomy

High-Stakes Energy Battleships: Navigating the Crisis in the Strait of Hormuz

A high-stakes energy crisis unfolds in the Strait of Hormuz as shipments navigate security threats, disputed oil export figures, and mounting international sanctions.

The National|August 24, 2026|1
Oil Set for Weekly Gains While Gold and Bitcoin Surge on US Treasury Buyback Plans and Iran TensionsEconomy

Oil Set for Weekly Gains While Gold and Bitcoin Surge on US Treasury Buyback Plans and Iran Tensions

Oil prices are heading for a weekly gain alongside surging gold and Bitcoin prices driven by US Treasury buyback plans and escalating tensions with Iran.

The National|August 21, 2026|1