Oil sales have resumed in Gulf markets following geopolitical agreements amid regional tensions.

The entities involved

• Saudi Arabia →

  country in West Asia

  • Escalating conflict involves Iran and Saudi Arabia, with fighting intensifying between Saudi-backed forces and Houthis. Karami warns of a firm response to miscalculation.Mon 17:52
  • Ishaq Dar attended an R-4 meeting in Cairo today, contributing to ongoing diplomatic efforts.Mon 17:12
• Dubai →

  most populous city in the United Arab Emirates and the capital of the Emirate of Dubai

  • The region, including Abu Dhabi and Dubai, is leveraging its strategic location to connect Africa, Europe, and Asia, driven by key leadership.Mon 14:38
  • A global summit in Dubai focused on ESG compliance, clean technology, and cross-border collaborations.Mon 14:38
• Abu Dhabi →

  capital city of the United Arab Emirates

  • UAE's first national rail service connects cities, establishing a new rail network between Fujairah and Abu Dhabi.Mon 17:54
  • The UAE is hosting the UN Congress on Crime Prevention and Criminal Justice, with press conferences held in Dubai.Mon 15:51

Related events

• Conflict in the Middle East is causing oil prices to rise, impacting global markets tracked from London and the New York Mercantile Exchange.Jul 3
• Operational details regarding oil export diversion and global supply management due to the closure of the Strait of Hormuz.Jun 7
• Middle East developments caused sharp market fluctuations, with recent attacks highlighting risks to oil infrastructure.Sep 11
• Pipeline damage and conflict tensions disrupted Saudi oil transport, forcing the use of alternative export routes from Yanbu.Fri 05:50
• The region hosts major oil producing states whose oil flows are currently being affected by geopolitical tensions.Jun 15