The East African Development Bank (EADB) has taken a significant leap forward in fostering sustainable economic development ...

Vladimir Putin met with OPEC Secretary General Haitham Al Ghais on the sidelines of the International Economic Forum.

Oil prices jumped today to their highest since January as the United States' weekend move to join Israel in attacking Iran's ...

Asian markets faltered on Monday after US airstrikes on Iran’s nuclear sites reignited geopolitical tensions, driving Brent ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Oil prices hit a five-month high on Monday as investors feared looming Iranian retaliation to US strikes on nuclear ...

The loan will directly support lending to SMEs and finance transformative infrastructure initiatives across EADB member ...

Given the Strait of Hormuz is indispensable for Iran’s own oil exports, which are a vital source of its national revenues, a ...

OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...

Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s ...

Following US airstrikes on Iranian nuclear facilities, Brent Crude prices initially surged by 5% before paring gains.

A closure of the Strait of Hormuz could have implications for energy exports across the region. The UAE has proactive ...