Global oil markets are losing 100 million barrels every week the Strait of Hormuz is shut, compounding a supply shortage that has already made the Middle East war the most significant supply disruption ever,
DHAHRAN: Saudi Aramco is exploring the option of delivering more cargoes to Yanbu, a port on the Red Sea that’s situated outside the Persian Gulf, where dozens of ships are hunkered down as the
NEW DELHI : The Indian government is shifting plans for two large-scale oil refineries, each with an annual capacity of 10-15 million tonnes and integrated petrochemical units, from Maharashtra’s Ratnagiri district to Gujarat and