News

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...
Renewed conflict in the Middle East sent crude prices up like an Iron Dome, and then down like a retaliatory strike. US ...
The Manila Times on MSN31m
Fuel subsidies readied
THE government is ready to roll out fuel subsidies if the situation in the Middle East worsens and triggers a surge in crude ...
BusinessWorld on MSN41m
Marcos orders oil contingencies
PHILIPPINE President Ferdinand R. Marcos, Jr. has ordered agencies to prepare for potential spikes in global oil prices amid ...
Israel's war with Iran has become a "lifeline" for the russian budget, which is experiencing a sharp drop in oil export ...
The Ministry of Mining and Petroleum of the Islamic Emirate of Afghanistan (IEA, the self-designation of the country by the ...