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Saudi energy minister announced on state TV that the kingdom has identified about 110 mln tons of uranium-bearing ore, with higher uranium concentrations in the Medina region. Riyadh is also assessing whether uranium can be recovered as a byproduct f

2026-09-15

Saudi energy minister announced on state TV that the kingdom has identified about 110 mln tons of uranium-bearing ore, with higher uranium concentrations in the Medina region. Riyadh is also assessing whether uranium can be recovered as a byproduct from its large phosphate industry. Officials cautioned that 110 mln tonnes of ore does not equal 110 mln tonnes of recoverable uranium; recoverable volumes will depend on ore grade, geology and economics. The discovery supports Saudi plans to add nuclear power to its energy mix.

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2026-09-14

Iranian parliament speaker Ghalibaf said the impact of U.S. oil reserves has ended and the U.S. can no longer control oil prices.

Iranian parliament speaker Ghalibaf said the impact of U.S. oil reserves has ended and the U.S. can no longer control oil prices.
2026-09-14

Both WTI and Brent crude oil prices fluctuated by nearly $1 in the short term, currently trading at $99.47 per barrel and $105.14 per barrel, respectively.

Both WTI and Brent crude oil prices fluctuated by nearly $1 in the short term, currently trading at $99.47 per barrel and $105.14 per barrel, respectively.
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