Any decision to close Strait of Hormuz will impact global oil supply, say experts

Jun 23, 2025

Amid rising tensions in the Middle East due to continued military action by Israel and Iran, experts have said that any closure of the...

China's reliance on Middle East oil increases: Report

Dec 31, 2021

Beijing [China], December 31 : China's reliance on Middle East oil increases despite its efforts to get to an "ecological civilization" that relies less...

Asia most vulnerable to oil price rise, prolonged West Asia conflict to influence region's macro outlook: Invesco report

Mar 04, 2026

Asia remains the most vulnerable region globally to sustained increases in oil prices due to its heavy reliance on imported energy and high trade...

Beyond oil, auto, chemical, metallurgy and consumer sectors hit by Hormuz disruption amid supply constraints: UBS

Mar 25, 2026

The disruption of trade through the Strait of Hormuz is not only impacting global oil and gas markets but is also affecting several other...

Oil price rise would hit 2024 global growth, inflation outlook: Fitch

Nov 12, 2023

Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according...

UAE: Paperworld Middle East, Gifts and Lifestyle Middle East open tomorrow in Dubai

Nov 20, 2023

Paperworld Middle East and Gifts and Lifestyle Middle East will kick off from November 21-23 at the Dubai World Trade Centre. The co-located events...