UAE exiting US-led maritime coalition signals shifting geopolitical dynamics
The withdrawal of the United Arab Emirates from a US-led maritime coalition last week and the announcement of a new regional coalition between UAE, Iran, Oman, and Saudi Arabia this…
Oil Up $1 After Saudi Pledges Production Cuts
Oil prices rose by around $1 per barrel on Monday after Saudi Arabia announced it would cut production by a further 1 million per day from July. Brent crude futures…
Saudi oil goes expensive
Saudi Arabia will raise oil prices to all regions in July, according to the state-run company, Saudi Aramco. The cost increase will be most significant for the United States and…