Iran has shipped about 3M barrels from storage facilities in China to raise funds that may be spent on Tehran’s militia allies in the Middle East ... to the report, the oil is from stockpiles ...

Donald Trump ran on a series of big promises — and with Inauguration Day fast approaching, he’s attempting to preview on what he’ll try to turn into reality. In a wide-ranging press ...

Global oil prices are on a tear ... which transition team insiders previously told Middle East Eye would involve sanctions relief. However, Trump has walked back his pledge to end the war in ...

SINGAPORE - Middle East crude oil benchmark premiums surged on Monday to about $3 per barrel above Dubai quotes, the highest since October 2023, according to trade sources and Reuters data. The jump ...

in a bid to raise funds that could be used to shore up Iran’s allied militia groups in the Middle East. The oil is from a stockpile of at least 25 million barrels that Iran sent to China in late ...

Iran has shipped about 3M barrels from storage facilities in China to raise funds that may be spent on Tehran’s militia ...

Oil prices were mixed, with Brent crude flat on $79.93 a barrel and WTI rising 0.2% to $76.48 a barrel. Crude has broadly ...

Japan’s dependence on oil from the Middle East has risen to a record level at a time when global oil markets are haunted by Russia’s war in Ukraine and the Israel-Hamas conflict. Today ...

However, open navigation data shows that intermediaries purchase the oil, and the shipments eventually arrive at Israeli ports. Middle East Eye delivers independent and unrivalled coverage and ...

By Florence Tan and Siyi Liu SINGAPORE (Reuters) -Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China and India to replace ...

While major ruptures are not expected, Gulf states are urging a tougher stance on Israel and a softening toward Iran, positions that differ greatly from the president-elect’s first term. By ...

Oil steadied near its highest level in almost three months, after some Middle Eastern oil grades strengthened on robust demand from Asian refiners. Brent traded near $76 a barrel after earlier ...