The exit would complicate OPEC+'s efforts to balance the market through supply adjustments because the group would have control over less of the global production.
A group of around 20 ships, including container ships, bulk carriers, and tankers, was seen moving in the Gulf towards the exit via the Strait of Hormuz, according to ship tracking data.
From water technology to start-ups, the IDB chief sees a growing opportunity for Israeli investors in a region of 660 million
The waiver, which the Treasury Department issued on March 20, allowed some 140 million barrels of oil to reach global markets and helped relieve pressure on energy supply during the war with Iran.
The IMF warned that the situation at Hormuz could be similar to the one in Bab-al-Mandeb, where shipping lanes haven’t yet recovered ever since the first Houthi attack.
Even as gas prices have risen in recent weeks, another set of numbers has remained relatively contained: the markets.
Enlight develops and operates solar power generation facilities, wind turbines and energy storage systems,
The Financial Times reported that the Gulf states aim to create a new network of pipelines, roads, and railways to stop relying on the Strait of Hormuz.
Mekorot, posted solid underlying performance in 2025, but sweeping regulatory changes by the Water Authority pushed the company to report a significant net loss
Ashdod Port has proven that it is not merely an economic asset or a transportation hub. It is a pillar of national resilience, continuity, and sovereignty
A New York Times report revealed that Asian countries are entering an energy crisis due to the closure of the Strait of Hormuz, while Western nations will feel the economic effects of the war.
