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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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The President of the European Council Herman Van Rompuy has said any loan agreement is contingent on the IMF deal
January 20th, 2013 - 10:58 GMT

EU loan to Egypt dependent on IMF deal

An oil pipeline in Yemen has been blown up, causing operation to be suspended
January 20th, 2013 - 08:40 GMT

Oil pipeline in Yemen blown up

Libyan  officials have beefed up security at their oil and gas plants following the deadly hostage situation in neighbouring Algeria
January 20th, 2013 - 08:16 GMT

Libyan officials say country's oil and gas installations are secure

The US has warned that cyber attackas are making Iran into "a force to be reckoned with"
January 20th, 2013 - 08:04 GMT

US warnings over Iranian cyber wars

Uranium has been found in Egypt and could give a boost to beleaguered economy
January 20th, 2013 - 07:22 GMT

Uranium discovered in Egypt

The IMF is to review Egypt's plans for the country's budget deficit before signing off on any loan
January 20th, 2013 - 04:00 GMT

IMF to review Egypt's budget deficit plans before signing loan agreement

Saudi Arabia has given Palestine $100 million to help with its current economic woes
January 17th, 2013 - 12:56 GMT

Saudi Arabia sends Palestine $100 million

Increasing numbers of Turkish workers are heading to the Middle East to find employment, new statistics show
January 17th, 2013 - 12:43 GMT

Turkey sending more workers to the Middle East

Jordan and Iraq have discussed the possibility of setting up an economic free zone between the two countries
January 17th, 2013 - 12:19 GMT

Jordan and Iraq discuss possible 'Free Zone'

Passenger numbers are taking off at Rafik Hariri Airport in Beirut
January 17th, 2013 - 11:27 GMT

Passenger numbers at Rafik Hariri airport taking off

Airlines in the Middle East are monitoring the situation with Boeing's new 787 Dreamliner aircraft
January 17th, 2013 - 09:28 GMT

Middle East's airlines cautious over Dreamliner

Inflation in the UAE is edging higher, but remains stable, according to new statistics
January 17th, 2013 - 08:51 GMT

Inflation edges up in the UAE

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