Middle East oil routes crisis

Business
Russia’s oil revenues surge after Middle East escalation
Russia’s federal budget revenues from oil and gas rose 38.7% in April 2026 compared with March, increasing by 239 billion rubles to 855.6 billion rubles ($10.9 billion), driven by a sharp rise in global oil prices linked to the war in the Middle East, The Moscow Times reported on May 6.
6 May, 01:54 PM
Nation
World
IEA: Iran war triggers worst energy crisis in history
The global energy crisis sparked by the U.S. and Israel’s war against Iran is the worst on record, International Energy Agency (IEA) chief Fatih Birol told France Inter radio on April 21.
21 April, 12:57 PM
Business
World
Turkey, Saudi Arabia, Egypt discuss Hormuz shipping consortium amid Iran tensions
Turkey, Saudi Arabia, and Egypt are discussing the creation of a consortium to manage shipping through the Strait of Hormuz, with the United States and Iran informed of the proposal.
30 March, 01:55 PM

Middle East oil routes crisis

Subscribe to our Telegram channel

The most interesting articles and a selection of important news in the evenings

Subscribe