Oil Prices Ease as Mediators Propose US-Iran Ceasefire, Yet Supply Risks Persist
Global oil prices experienced a sharp reversal on Monday, falling back below $87 a barrel after a report of a…
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Pakistan Seeks $6.7 Billion Concessional Oil Facility from Saudi Arabia to Bolster Energy Security
The Government of Pakistan has formally requested a $6.7 billion concessional oil financing facility from the Kingdom of Saudi Arabia,…
Oil Prices Climb Amid Renewed Middle East Conflict and Supply Disruption Fears
July 9, 2026 – Global crude oil prices have surged sharply following a significant escalation of military conflict in the…