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Rising Middle East Tension Reminder that Energy a 'Cornerstone of Peace', Dr Sultan Al Jaber Says

Summary by The National
Adnoc chief says UAE keen to expand energy partnership with the US

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While the world is keeping its breath in the face of rising tensions between Israel and Iran, the oil markets are panicking. But in Senegal, the new entrant to the world crude oil market, this crisis could paradoxically be a boon. Provided that the country is able to benefit strategically from the international situation. Following the Israeli strikes on Iranian installations on 13 and 14 June last, Brent's barrel jumped by 5.5 per cent to the o…

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Market Report: Investors switch back to risk-off mode after a brief bout of optimism

The oil market, like the financial markets, is seeing a clear recovery on Monday after Friday's tense session, which was the result of Israel's attack on Iran. According to experts, the recent price increase is more the result of greater risk than any significant fundamental change in the oil market.

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Business Insider (Poland) broke the news in on Monday, June 16, 2025.
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