Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, on June 23, 2025. — AFPJapan’s Nikkei catches up on AI rally, surges to a record.Oil nurses…
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US considers easing Russian oil sanctions to curb global price surge
A model of an oil pump is seen in front of a Russian flag in this illustration taken January 9, 2026. — Reuters
US admin considering reducing oil sanctions on Russia.White House says all credible options are under review.Policy decision to be announced by Trump or his…
Saudi Arabia appoints Princess Maha to lead Future Investment Initiative
This undated image shows Princess Maha bint Mishari bin Abdulaziz Al Saud. — Asharq Al-Awsat
Saudi Arabia’s Future Investment Initiative Institute, which every year hosts an annual summit that draws Wall Street titans to Riyadh, has named Princess Maha Al Saud as its chief…
No shortage of petroleum products in country: Ogra
Vehicles lined up at the Pakistan State Oil petrol pump in this undated photo. — Online/FileCountry holds adequate stocks of petrol, diesel, says Ogra. spokesperson advises citizens not to pay attention to rumours.Says taking measures to discourage hoarding petroleum…