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The Saudi energy ministry said on the 22nd (local time) it did not buy 25 tankers and called Iraq’s claim that Saudi purchases pushed up Iraqi crude shipping costs false. The ministry said the sharp rise in crude transport costs reflects regional ten

2026-09-23

The Saudi energy ministry said on the 22nd (local time) it did not buy 25 tankers and called Iraq’s claim that Saudi purchases pushed up Iraqi crude shipping costs false. The ministry said the sharp rise in crude transport costs reflects regional tensions, disruptions to shipping in the Strait of Hormuz and higher shipping risk and insurance premiums, not Saudi tanker purchases.

Other News
2026-09-22

Spanish Foreign Minister: We are pushing for a two-state solution and support Palestine's full membership in the United Nations.

Spanish Foreign Minister: We are pushing for a two-state solution and support Palestine's full membership in the United Nations.
2026-09-23

Slovakia has proposed convening an extraordinary EU summit to discuss fuel prices.

Slovakia has proposed convening an extraordinary EU summit to discuss fuel prices.
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