UAE Announces Departure from OPEC Amid Global Oil Crisis in 2026
The United Arab Emirates will exit OPEC and its broader alliance in April 2026, dealing a significant blow to the cartel led by Saudi Arabia. This mov...
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Iran Escalates Tensions: Mines Deployed in Strait of Hormuz Threaten Global Oil Supply
Iran’s Islamic Revolutionary Guard Corps (IRGC) has laid additional naval mines in the Strait of Hormuz this week, escalating tensions in the critical...
Global Energy Crisis: 60 Nations Respond with Nearly 200 Policies Amid Iran War Disruptions
One month after the US and Israel launched a surprise attack on Iran, at least 60 countries have implemented emergency measures to address the resulti...