Tag: Saudi Aramco

FILE PHOTO: An aerial view Port of Fujairah, United Arab Emirates in the strait of Hormuz, December 10, 2023. REUTERS/Stringer/File Photo (REUTERS)
Posted in Business

Iraq cuts crude oil production as blocked Strait of Hormuz fills up storage| Business News

Iraq has started shutting crude oil production at its biggest oilfields and is set to make even deeper reductions in the coming days—the clearest sign…

Continue Reading
The logo of Saudi Aramco. (REUTERS)
Posted in Business

Saudi Aramco’s Ras Tanura refinery shut down after drone strike| Business News

Saudi Aramco has shut down its Ras Tanura refinery as a precautionary measure after it was hit by a drone, Reuters reported on Monday, adding…

Continue Reading
Smoke rises after an Iranian drone attack in the port area of Dubai on Sunday, 1 March 2026. (AP)
Posted in Business

Gulf stocks slide, Kuwait suspends trading as Iran responds to US-Israel attacks| Business News

Most Gulf equities fell on Sunday and Boursa Kuwait suspended trading after US and Israeli strikes on Iran prompted retaliatory attacks across nearby US targets…

Continue Reading