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Strategic Oil Reserves
March 14th, 2026 - 12:53 GMT
Osama Ali

Osama Ali

Japan announces major oil reserve release amid Iran war market shock

ALBAWBA - As part of an international effort to calm the world's energy markets after the conflict with Iran caused substantial price hikes, Japan announced intentions to release a significant amount of its strategic oil reserves. After initially expressing reluctance, European nations have decided to take part in a coordinated release of oil reserves, according to Japanese Industry Minister Ryosei Akazawa on Saturday. After Japan had earlier assisted in easing ...
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Hashish has long been cultivated illegally in Lebanon, particularly in the Bekaa Valley, historically a stronghold for Hizballah and other outlaw groups. (Shutterstock)
July 10th, 2018 - 08:56 GMT

Legalizing Cannabis Can Solve Lebanon's Economic Crisis

QC has been a pioneer in its relief interventions. (QT)
July 10th, 2018 - 08:47 GMT

Almost 2 Million Benefit From Qatar Charity's Relief Assistance

Syrian refugees have already started returning to their country over the past few months. (Shutterstock)
July 10th, 2018 - 08:40 GMT

Lebanese Economy Is ‘on Brink of Collapse’

Bitcoin was trading at $6,640.4. (Shutterstock)
July 10th, 2018 - 08:31 GMT

Bitcoin Slips Again; Was China’s Crypto Ban the Right Move?

French Minister of the Armed Forces Florence Barley (L) and Saudi Crown Prince Mohammad bin Salman. (AN)
July 9th, 2018 - 10:25 GMT

New Military Agreement Between Saudi Arabia and France

Stakeholders pose for a group photo at the project launch ceremony at the General Trade Union of Workers in Textile, Garment and Clothing Industries. (Jordan Times)
July 9th, 2018 - 09:27 GMT

Initiative Launched to Protect More Than 200,000 Migrant Workers' Rights in Jordan

Panelists discuss issues facing scale-up small-and medium-enterprises in the Middle East and North Africa during a meeting organised by Endeavor Jordan and Strategy & Middle East in Amman, on Sunday. (Jordan Times)
July 9th, 2018 - 09:20 GMT

What's Hindering the Growth of SMEs in Jordan?

Any annoyance complaints from the public against a real estate firm or a real estate broker, will be dealt with firmly and they will be fined up to Dh50,000. (Shutterstock)
July 9th, 2018 - 09:12 GMT

Real Estate Agents to Pay Dh50,000 Fine Over Telesales in UAE

The rupee appreciated by 30 paise to 68.57 against the US dollar. (Pixabay)
July 9th, 2018 - 08:57 GMT

Rupee Rises Against Dollar to 68.57, 18.62 Against UAE Dirham

Need to look for alternative ways in order to avoid dangerous consequences: experts. (Shutterstock)
July 9th, 2018 - 08:53 GMT

Kuwait to Suffer the Most If Iran Closes Strait of Hormuz

13 workers have ended their lives in the past three months. (Shutterstock)
July 9th, 2018 - 08:46 GMT

Suicides Among Expat Labourers in Bahrain Have Been on a Rise

2,140 contracts of expatriates froze in Kuwait. (Shutterstock)
July 9th, 2018 - 08:39 GMT

More Than 2000 Contracts of Expats Cancelled From Public Budget in Kuwait

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