Force majeure declared by Bapco Energies following Iranian attack
Bahrain's state oil company Bapco Energies has declared force majeure on its shipments following an Iranian attack that set its refinery ablaze.
Bahrain's state oil company Bapco Energies has declared force majeure on its shipments following an Iranian attack that set its refinery ablaze.
Crude oil prices have crossed $100 a barrel amid the ongoing Iran war, with Brent crude reaching its highest level since July 2022.
Saudi Aramco shares have surged as Brent crude prices rise, influenced by regional tensions and a recent drone strike.
Crude oil prices have surged significantly due to escalating tensions in the Middle East, marking a historic increase in oil futures.
The ongoing Israel Iran attack has led to significant military actions, resulting in numerous casualties and geopolitical tensions in the Gulf region.
Crude oil prices have surged significantly due to escalating tensions in the Middle East, with Brent crude reaching its highest level since April 2024.
Introduction Oil has long been a cornerstone of the global economy, influencing everything from transportation costs to consumer goods prices. In light of current geopolitical tens