Tag:

Oil Industry

Iranian drone strike causes "major fire" at UAE oil facility - VIDEO

05 May 2026-07:09
Three Indians injured in drone attack by Iran on UAE's Fujairah - VIDEO

Three Indians were injured when a drone attack from Iran sparked a fire at a major oil industry zone in the UAE on Monday.

04 May 2026-21:41
World on the brink of the biggest energy crisis in history - OUR ANALYSIS

The global oil market is once again entering a period of sharp turbulence. Geopolitical conflicts, threats to critical energy transport routes, and rising inflation expectations have pushed energy prices upward. At first glance, such developments might seem to benefit oil-exporting countries. After all, higher prices mean higher revenues. Yet the reality of the modern energy economy is far more complex. Extremely high oil prices can be just as problematic for producers as a dramatic collapse in the market.

14 Mar 2026-12:42
UAE controls fire sparked by drone debris

A fire broke out at the Fujairah Oil Industry Zone in the United Arab Emirates after falling debris from a drone was intercepted by air defenses.

06 Mar 2026-19:58
No oil tankers transited the Strait of Hormuz today, data shows

The war in the Middle East appears to have completely stopped the flow of oil tankers through the Strait of Hormuz.

05 Mar 2026-22:47
Venezuela allows foreign investment in oil industry

30 Jan 2026-19:59
Why Venezuela's oil is crucial to U.S. interests

09 Jan 2026-00:57
Zelensky spoke about problems in the Russian oil industry due to Ukrainian strikes

15 Sep 2025-00:25
Iran's FM says US claims on its oil industry are baseless

Iranian Foreign Minister Seyed Abbas Araghchi has dismissed the recent U.S. allegations concerning Iran's oil tankers, calling them baseless pretexts for imposing additional sanctions on the Iranian oil industry.

25 Mar 2025-16:43
INTERVIEW: What’s behind Serbia’s push to buy out Russian shares in NIS?

By Maria Zhigadlo

12 Jan 2025-20:42