Shipping traffic through the Strait of Hormuz fell significantly on Wednesday, with only six commodity vessels recorded passing through the strategic waterway. Preliminary data from ship-tracking company Kpler showed that…
Mohammed bin Salman Al Saud, widely known as MBS, is one of the most influential political figures in the Middle East. As the Crown Prince and Prime Minister of Saudi…
OPEC stands for the Organization of the Petroleum Exporting Countries. It is an international organization made up of major oil-producing countries. OPEC was created to coordinate petroleum policies among its…
Saudi Vision 2030 is a long-term national development plan designed to transform Saudi Arabia’s economy and society. Launched in 2016, the vision aims to build a more diversified economy, improve…
Whenever fuel prices suddenly rise or fall, the name OPEC often appears in news headlines. While many people recognize the term, few understand what OPEC actually is or why its…
The Strait of Hormuz is one of the world’s most strategic waterways. Located between Iran and Oman, this narrow sea passage connects the Persian Gulf to the Gulf of Oman…
TEHRAN/WASHINGTON: Iran has denied that it is currently engaged in negotiations with the United States, responding to comments by US President Donald Trump, who said new talks were set to…
RIYADH – Saudi Crown Prince Mohammed bin Salman and US President Donald Trump held discussions focused on easing tensions in the Middle East and encouraging diplomatic efforts to prevent further…