Saudi Aramco’s Record Profit Masks a Widening Cash Flow Gap
Saudi Aramco posted record second-quarter 2026 profit, but its free cash flow covered only around half of what it owes…
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Iran and Oman Agree on Coordinates for Hormuz Shipping Route
Iran and Oman have agreed on the geographic coordinates for a shipping route through the Strait of Hormuz, Iran's Foreign…
Brent crude falls to $78.77 as US, Iran and Oman near deal on Hormuz shipping
Brent crude fell 0.74% to $78.77 a barrel on Wednesday as the United States, Iran and Oman worked on an…
China Eases Fuel Export Curbs, Clearing 2.7 Million Tons for Shipment
China has partially lifted the fuel export restrictions it imposed earlier this year, letting refiners ship 2.7 million tons of…
Iran-Oman Deal Would Hand Tehran Control Over Ships Entering Hormuz, Sources Say
A proposed deal between Iran and Oman would give Tehran control over ships entering the Gulf through the Strait of…
