Saudi Arabia, the U.A.E. and Iraq are pouring money into pipelines, rail and storage to keep oil flowing even when the strait isn’t
Oil rises for a third day as Gulf tensions flare, the dollar nears 160 yen, and global markets turn cautious amid renewed U.S.–Iran clashes.
Global leaders gathered in southern Greece for the Europe Gulf Forum, where discussions focused on strategic ties between Europe and Gulf nations amid mounting instability in the Middle East and shifting geopolitical alliances
Governments friendly with America worry about Tehran’s strikes on U.A.E.
Sudden departure threatens an organization hobbled by internal disunity and the rise of American output
UAE announced Tuesday it will leave OPEC effective May 1, ending a membership dating to 1967, as tensions with Saudi Arabia mount and the Emirates chafes under production restrictions