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Egypt
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Foreign Affairs
7/25/2026 8:31:45 PM
Egypt reaffirmed its full solidarity with Saudi Arabia on Saturday, condemning the attack on a Saudi oil tanker and all assaults targeting civilian infrastructure and means of transport or threatening the security of navigation in the Red Sea and international waterways.
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World
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War in Ukraine
7/25/2026 6:41:29 PM
Ukrainian drones struck a Siberian oil refinery Saturday and disrupted a Urals athletics competition, as Kazakhstan's president told Russia's Vladimir Putin the Ukraine war should end during a forum in Siberia's Omsk.
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World
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Region
7/25/2026 5:04:16 PM
Yemen’s Houthi rebels said on Saturday they fired dozens of missiles and drones at Saudi Arabia, targeting facilities belonging to oil giant Aramco, in response to Saudi-led airstrikes on the Red Sea city of Hodeida and nearby Kamaran island.
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Business
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Markets & Companies
7/24/2026 2:50:21 PM
American firm Quantum Capital is planning to establish an investment portfolio in Egypt’s oil and gas sector, expanding its operations globally, according to a statement by the Ministry of Petroleum and Mineral Resources on Thursday.
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Business
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Markets & Companies
7/24/2026 12:44:49 PM
Asian markets sank Friday to track a selloff on Wall Street as world markets were battered by a perfect storm of the resurgent Middle East war, a spike in oil prices back past $100 and worries about the AI investment boom.
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Business
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Economy
7/23/2026 4:22:12 PM
Main oil contract Brent North Sea surged toward $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping, raising fears that the Middle East war is widening.
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World
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Region
7/22/2026 5:05:46 PM
Stocks of computer chip companies and other winners of the artificial-intelligence boom are turning back lower Wednesday and weighing on Wall Street. Oil prices, meanwhile, rose another 2% as fighting continues in the war with Iran.
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Business
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Economy
7/22/2026 1:04:32 PM
Oil prices rose sharply on Wednesday as fresh US strikes triggered air defences in Iran, while stocks in Asia gave up earlier gains and inched higher in Europe.
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Business
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Economy
7/22/2026 10:11:32 AM
Oil rose in Asian trade Wednesday, with Brent crude hitting its highest price in more than a month, as Iran targeted US radar and air defence installations in the Gulf.
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Egypt
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Foreign Affairs
7/21/2026 10:45:24 PM
Egypt on Tuesday reaffirmed its full support for Saudi Arabia following threats by Yemen's Houthi movement to impose a blockade on Saudi ports, while separately condemning an attack on a Kuwaiti oil tanker transiting the Strait of Hormuz.
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Business
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Markets & Companies
7/21/2026 7:01:09 PM
Stock markets rose Tuesday as technology shares rebounded further, while oil prices climbed as Iran targeted US radar and air defence installations in the Gulf.
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World
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Region
7/20/2026 11:41:30 PM
Saudi Arabia on Monday condemned an announcement by Yemen's Houthis of a maritime blockade of the kingdom, as the rebels threatened the top oil exporter's ability to bypass the Strait of Hormuz.
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Business
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Economy
7/20/2026 10:58:47 AM
Brent crude hit its highest price since June on Monday due to renewed fighting between the United States and Iran, while Asian equities were mixed as investors weighed the fallout of a prolonged Middle East war.
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Business
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Energy
7/19/2026 10:25:30 AM
The US State Department on Friday reported a major oil pipeline between Iraq and Syria, which has been closed for decades, will be restored by the two countries.
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World
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Region
7/18/2026 5:38:39 PM
Kuwait said on Saturday that Iran struck a power and water plant as well as an oil facility, accusing it of targeting civilian infrastructure as the Middle East war escalates.
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World
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Region
7/16/2026 11:03:55 PM
A drone struck a ship off the port in Iraq's southern province of Basra on Thursday, a security official told AFP, while the country's oil ministry said an unspecified object fell near a tanker.
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Business
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Markets & Companies
7/16/2026 7:57:30 PM
Computer chipmakers and other winners of the artificial-intelligence boom are slumping again on Thursday and weighing on stock markets worldwide. They're drowning out strength for most of the rest of Wall Street, leaving US stock indexes mixed.
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Business
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Economy
7/15/2026 1:58:09 PM
A combination of weaker global demand, higher oil production outside the Gulf, and sharp inventory drawdowns has temporarily shielded the global economy from a catastrophic oil price spike following the closure of the Strait of Hormuz, but global oil buffers are now running dangerously low, the International Monetary Fund (IMF) has warned.
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World
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Region
7/15/2026 10:32:58 AM
Iran's Revolutionary Guards said on Wednesday that the Hormuz Strait would remain closed until the United States ends its "acts of aggression," while warning that other regional oil export routes could also become targets.
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Business
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Markets & Companies
7/14/2026 10:07:06 PM
Stocks are holding steadier on Tuesday after a report showed US inflation was not as bad last month as economists expected. That was even though oil prices continue to jump on worries that the United States and Iran may return to all-out war.
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