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Massive Gains for Iran from India as tension rases
April 4th, 2026 - 08:35 GMT
Osama Ali

Osama Ali

Massive Gains for Iran from India as tension rases

ALBAWABA - As the continuous turmoil in the Middle East interrupts energy supply channels and puts pressure on international markets, India has started importing Iranian crude oil for the first time since 2019. India's Ministry of Petroleum claims that in order to counteract interruptions caused by instability in the Strait of Hormuz, Indian refineries have obtained crude supplies from a variety of sources, including Iran. The action follows years of ...
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Iran and France have the potential to notably increase their bilateral annual trade to $5 billion and more
February 5th, 2014 - 05:50 GMT

Talk about a successful visit! Tehran, Paris trade ties could sky rocket from $240 million to $5 BILLION

The discount of US crude to Brent narrowed on Wednesday to its smallest since mid-October as traders expected the startup of a pipeline from Cushing to refineries on the US.
February 5th, 2014 - 02:07 GMT

American cold season brings global oil prices up to $106

Al Bawaba
February 5th, 2014 - 11:00 GMT

This bird has landed, and perhaps for good: Bahrain Air on verge of bankruptcy

Taxes on cigarettes represent around 75 per cent of the value of the product
February 5th, 2014 - 09:09 GMT

At least it's not fuel prices this time: Jordan's tobacco, alcohol prices go up

Dubai's 2020 World Expo is expected to increase UAE's sukuk issuance, adding to its historical record of being the largest issuer of the Islamic bonds in the MENA region (File Archive)
February 5th, 2014 - 09:06 GMT

Can the 2020 World Expo boost UAE's sukuk issuance?

Al Bawaba
February 5th, 2014 - 08:38 GMT

Jordan: Controversy over imported gas cylinders persists

The number of stations on the entire network will increase from the current 47—– two stations are common for both the lines — to 70 by 2020, said Al Ali.
February 4th, 2014 - 10:21 GMT

Grand Plans: Dubai metro to have 70 stations by 2020

“So if we’re going to stop that nuclear programme and that quest for nuclear weapons, we have to either do it diplomatically or do it militarily,” he said.
February 4th, 2014 - 09:44 GMT

Hold your horses, everyone: US declares Iran not "open for business"

Medina is now one of four cities serviced by Etihad Airways (File Archive)
February 4th, 2014 - 06:00 GMT

A first for everything: Etihad launches first daily flights to Medina

Al Bawaba
February 4th, 2014 - 05:00 GMT

Riyadh, Shell partner up to promote Saudi women investment....from the home, that is

Abu Dhabi is planning to award $50 billion worth of new projects in 2014 (File Archive)
February 4th, 2014 - 04:00 GMT

Abu Dhabi must have one nice Sugar Daddy with plan to spend $346 billion by 2020

Al Bawaba
February 4th, 2014 - 03:14 GMT

Private sector DISinterest in GCC rail goes public, but govts. still keen on 2018 deadline

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