Tehran: Iran has suddenly brought back restrictions on the Strait of Hormuz, saying control of the important waterway has returned to how it was before. This decision stops or greatly…
Tehran: Iran has suddenly brought back restrictions on the Strait of Hormuz, saying control of the important waterway has returned to how it was before. This decision stops or greatly…
Global oil markets took a hit on Friday as prices dropped almost 10 percent in one day. This sharp fall followed the dramatic reopening of the Strait of Hormuz, a…
Abuja: The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million barrels per day (bpd) by 2030, if investment in the…