Russia increases diesel shipments to Turkiye, Morocco ahead of EU ban

Europe still imports the main bulk of Russian diesel, filling tanks ahead of the deadline on 5 February

Kuwait plans to increase diesel exports to EU

Kuwait City expects to raise its gas exports to Europe by fivefold this year compared to 2022, hoping to deliver 2.5 million tons worth of diesel annually

IRGC seizes foreign tanker smuggling diesel off Iran’s southern coast

IRGC officials say the unnamed ship was smuggling 150,000 liters of diesel

Saudi Arabia tops oil reserves with Russian fuel, sells its own to EU

Aggressive western sanctions against Russia in the aftermath of the Ukraine war have continued to backfire

Afghanistan seeks boost in energy ties with Russia

In September 2022, Afghanistan signed its first major international agreement to import Russian fuel and wheat

Smuggling of Iranian fuel to Pakistan surges: Report

Authorities have previously turned a blind eye to smuggled fuel from Iran due to a foreign exchange reserve crisis

Russian oil floods global markets via major Asian intermediaries

Despite western sanctions, there is more Russian fuel being exported around the world than before the Ukraine crisis. It's just coming via Saudi Arabia, India, China, and other trading states – with steep commissions.

Kuwait dissolves parliament for eighth time in three years

The government last dissolved its parliament in August 2022 under similar circumstances

Saudi Arabia may cut crude oil prices for Asian countries: Reuters

Saudi Aramco, may reduce its official selling price of crude by 40 cents to the barrel following months of price hikes

Kuwait headed for new elections after latest govt dissolution

Parliamentary tensions have hindered Kuwait from implementing fiscal reforms, and resulted in the decline of its health and education sectors

Lula ends UAE visit calling for global effort to broker peace in Ukraine

The leftist president blasted the US and Europe for 'encouraging' the war and stressed the need for sovereign nations to abandon the US dollar for bilateral trade

Russia begins exporting fuel to Iran by rail: Report

Western sanctions on seaborne fuel shipments from Russia have pushed the country to seek new alternatives for cooperation with its allies

Kuwait announces seventh new government in three years

This announcement came months after the former government, led by Ahmad Nawaf al-Ahmad al-Sabah, resigned in January

Major boost in North African imports of Russian energy: Report

Analysts have suggested that the oil is being re-exported from North Africa into European markets to alleviate the energy crisis plaguing western nations

Taliban looks to Russia, Iran, Pakistan for investments

In 2022, Afghanistan signed agreements with the Russian Federation to ship one million tons of gasoline, diesel, 500,000 tons of liquefied petroleum gas, and two million tons of wheat annually to Afghanistan

Putin stresses need to help Afghanistan, blasts west for turning a blind eye to crisis

The Russian leader warned that terror groups have been stepping up their activities in Afghanistan since the disastrous withdrawal of US troops in 2021

Kuwaiti government resigns over disagreement with parliament

This resignation marks the fifth time Kuwait City's government resigned from office in the past two years

Why is Egypt’s Navy commanding a NATO-led coalition in the Red Sea?

In recent years Egypt has been developing and strengthening its navy in and around the Red Sea, but this is arguably part of a broader US strategy for the region.

Pakistan will purchase Russian oil despite western threats of sanctions: Oil Minister

Moscow says the oil purchases will be carried out 'in the currencies of friendly countries'

Global South: Gold-backed currencies to replace the US dollar

The adoption of commodity-backed currencies by the Global South could upend the US dollar’s dominance and level the playing field in international trade.

UAE, UK sign energy and climate change memorandum

The MoU also includes cooperation in nuclear energy, low-carbon hydrogen, and bolstering collaboration in renewable energy

GCC supports Jordan over attempts to destabilize the kingdom

Jordan has suffered nationwide protests over the deteriorating living conditions under King Abdullah II

Jordan tries to avoid govt collapse by providing cash incentives to transport sector

Over the past two years, the Jordanian government hiked gasoline prices 16 times, triggering an outbreak of nationwide strikes

Russia to provide Pakistan with wheat, oil

A source from Pakistan's ministry of energy revealed that Russia could provide 100,000 bpd of crude oil

Vladimir Putin discusses western oil price cap with Iraqi PM

Russia and Iraq both agreed to the recent OPEC+ decision to reduce oil production due to global recession fears

Syria in control of only one oilfield in US-occupied Deir Ezzor: Official

US occupation troops plunder at least 80 percent of Syria's daily oil production, as Washington has established over two dozen illegal military bases in the resource-rich northeast

Yemen accuses Saudi-led coalition of seizing new fuel shipment

Ansarallah officials claim that the seizure of fuel ships is a strategy by Riyadh to increase the suffering of the Yemeni people

IRGC captures foreign tanker smuggling stolen Iranian crude

One year ago, the IRGC foiled an attempt by the US navy to steal Iranian oil in the Gulf of Oman

Iraq invites Russia to cooperate in joint energy projects

Despite a $27 billion contract with Total to produce gas, Iraq asked Russia to use its expertise to help lower flaring in its gas fields

Saudi crude oil exports on the rise despite OPEC+ output cut

Saudi Arabia's increase in daily production compensates for the shortfall of other oil producing economies