Opec

Iran's government to raise fuel price for heavy users

Iran will raise the prices of gasoline for anyone using over 110 liters per month to address the energy crisis caused by its war with the US and Israel.

Illustration shows U.S. and Iranian flags, 3D printed oil barrels and rising stock graph
Workers of Venezuelan state oil company PDVSA at a rig near Cabimas, Venezuela, January 27, 2026.; illustrative.

US, Venezuela negotiate deal for American access to Venezuelan oilfields

  The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016.

Abu Dhabi sees leaving OPEC as a matter of national interest - opinion

UAE Minister of Energy and Infrastructure, Suhail Mohamed Al Mazrouei speaks, on the day of the Make it in the Emirates (MIITE) conference, in Abu Dhabi, United Arab Emirates, May 4, 2026.

Fractures rock Gulf alliance as UAE quits OPEC during Iran war - analysis


OPEC+ Agreement remains unresolved after Saudi Arabia-UAE quarrel

In the wake of a public disagreement last week, no new deal was reached by the beleaguered 23-member petroleum export club.

One of the water cooling towers at the Haifa oil refinery collapses, June 12, 2020

Bank Leumi: Oil futures forecast price decline in second half of 2021

The drop in prices in the latter half of 2021 will be due an increase in oil production by OPEC states and the prospects of lowered tensions with a new US-Iran nuclear deal.

A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019

Oil price volatility increases amid Suez Canal aftermath, OPEC meeting

The price of BRENT oil decreased from about $64.12 per barrel on March 19 to $62.41 per barrel on April 2.

A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019

Voices from the Arab press: Qatar's exit from OPEC

Also: U.S.-India relations on the rise, Saudi Arabia introduces philosophy to university curriculum, and a view of Trump's middle east policies.

AN ARAMCO employee looks over the company’s Ras Tanura oil refinery and oil terminal in Saudi Arabia on May 2.

Chinese company weighs take over of Iran gas projects due to US sanctions

The French company Total was the first major Western energy company to invest in the Islamic Republic since international sanctions began.

Workers get ready to pump liquefied natural gas into a gas trailer at CNPC Caofeidian terminal, in Tangshan, Hebei province, China.

If EU used its anti-Cartel powers against OPEC, Jerusalem would have peace and prosperity

The Jerusalem Post

Trump on Jerusalem throws Spotlight on Europe's Darkest Secret

The Jerusalem Post

Above the fold: Putin is world's most powerful leader

The Russian president and the Saudi monarch came together to discuss their mutual interest – oil.

Russian President Vladimir Putin attends a news conference

Suicide attacks on restaurants, checkpoint, kill 60 in southern Iraq

Islamic State is under siege in the Syrian city of Raqqa, its operational base for attacks in the Middle East and the West.

ONE OF MANY churches destroyed by ISIS in the Christian town of Qaraqosh, Iraq.