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Tag: Middle East

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Gas prices in the US reach the highest level in nearly 3 years.

Economy
Americans are paying an extra $0.20 per gallon of gas since the Middle East conflict began, disrupting global energy supply.

Thailand may buy Russian oil

Economy
Thailand's Deputy Prime Minister Phiphat Ratchakitprakarn announced discussions with the Russian government on the possibility of purchasing crude oil.

“Iran Holds the Key to Reopening the Global Energy Market”

Economy
Iran is signaling that it, not the U.S., will decide when to end the global energy supply disruption, according to Reuters.

World Gold Prices and US Stocks Plummet Together

Economy
Gold prices exceed $300 per ounce, while the DJIA index of US stocks drops over 1,000 points.

Many Middle Eastern countries halt oil and gas extraction.

Economy
Qatar halts LNG production, Israel temporarily shuts down gas fields, while Saudi Arabia closes its largest oil refinery due to ongoing conflicts.

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