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Crude oil hits record low

Average monthly crude oil prices dropped to below $65 per barrel in May 2025, one of the lowest since April 2021. Following an 8.1% increase in January 2025, WTI prices declined for three consecutive…

Al Majalla - London 27 May 2025

Crude oil tanker Advantage Angel sails in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey December 12, 2022. REUTERS/Yoruk Isik

Turkey Reaches Deal Over New Crude Tanker Insurance Regulations

Turkey welcomed an agreement reached with its counterparts on Tuesday that allows the continuation of a new regulation requiring crude oil tankers to present an insurance confirmation letter before…

13 December 2022

Saudi Aramco To Invest in $7 bln Petchem Project in South Korea

Saudi Aramco (2222.SE) said on Thursday it plans to invest in a $7 billion project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's (010950.KS) refining complex in…

17 November 2022

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann

Oil Supported By Supply Threats Yet Still Set For Weekly Drop On Demand Fears

Oil rose on Friday supported by real and threatened cuts to supply, although crude was set for a second weekly decline as aggressive interest rate hikes and China's COVID-19 curbs weighed on the…

09 September 2022

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian

Oil Steady As Tight Market Competes With Recession Fears

Oil prices were largely steady on Monday as a relatively tight global supply picture competed with fears of a recession and a rising dollar. Brent crude futures for October settlement fell 34…

22 August 2022

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Editor's Pick

People shout slogans as they gather after a two-week ceasefire in the Iran war was announced, in Tehran, Iran, 8 April 2026.

Majid Asgaripour / Reuters

Politics

US-Iran ceasefire unlikely to hold

07 April 2026

If the ceasefire collapses, China has an interest in getting the two sides back to the table, but it would be a difficult task given Tehran's deep mistrust of the US and Israel.

Xiaotong Yang

Grace Russell

Politics

Gulf states should steer clear of attritional war traps

01 April 2026

The US-Israeli war against Iran aims to draw in Gulf states, but history has shown that entering wars is far easier than exiting them. Prudence is needed now more than ever.

Khairuldeen Al Makhzoomi

Palestinian Foreign Minister Varsen Aghabekian Shahin speaks at a press conference in Ljubljana, Slovenia, on 25 August, 2025.

Luka Dakskobler / Getty

Politics

'Israel is exploiting Iran war to kill a Palestinian state'

01 April 2026

PA Foreign Minister Varsen Aghabekian Shahin tells Al Majalla that Israel is taking advantage of the fact that the world is distracted by the US-Iran war to create irreversible facts on the ground

Ahmed Maher

People gather during a celebration called by Hayat Tahrir al-Sham (HTS) at the Umayyad Square, after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, 20 December, 2024.

Reuters / Ammar

Business & Economy

US-Iran war gives Syria's global economic pitch more urgency

01 April 2026

Given the effective closure of the Hormuz Strait and Houthi threats to close off the Red Sea, Syria may emerge as a corridor and conduit to bypass these embattled maritime chokepoints

Charles Lister

Reuters/ Al Majalla

Politics

Farid al-Madhan: Assad's fingerprints were on every picture

31 March 2026

A former army forensics employee who later became known as Caesar tells Al Majalla how he risked his life to expose the torture and killing of countless Syrians in regime prisons

Ibrahim Hamidi

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LATEST ISSUE

crude oil

Crude oil hits record low

Turkey Reaches Deal Over New Crude Tanker Insurance Regulations

Saudi Aramco To Invest in $7 bln Petchem Project in South Korea

Oil Supported By Supply Threats Yet Still Set For Weekly Drop On Demand Fears

Oil Steady As Tight Market Competes With Recession Fears

US-Iran ceasefire unlikely to hold

Gulf states should steer clear of attritional war traps

'Israel is exploiting Iran war to kill a Palestinian state'

US-Iran war gives Syria's global economic pitch more urgency

Farid al-Madhan: Assad's fingerprints were on every picture

OPINIONS

Arab wars in the shadow of the war on Iran

A too weak ceasefire?

US-Iran ceasefire unlikely to hold

A new look at Islam, integration, and secularism in France

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