Global planemakers could reap 900 orders and commitments at next week’s Farnborough Airshow, down only slightly from last year’s comparable event, as strong oil prices prompt airlines to add to their bulging order books, aviation consultancy IBA Group said.

• July 9, 2018

Over a third of sovereign investors plan to cut their equity exposure over the next three years after a strong run in 2017, citing trade wars, geopolitics and high valuations as headwinds to performance, a study by asset manager Invesco showed.

• July 9, 2018

Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight into the state energy giant’s finances ahead of a proposed flotation.

• July 9, 2018

By Benyamin Poghosyan, PhD, Executive Director, Political Science Association of Armenia

President Trump’s decision to pull out from the Iranian nuclear deal has significantly increased tensions in and around Iran. The return of “regime change” policy will have profound implications on Iran and the Middle East. The Iranian economy is in steep decline with the sharp devaluation of the Iranian Rial and large-scale protest rallies in different regions. The rising prices of consumer products, shortages of water and problems related with mismanagement are fuelling the protests. READ MORE

• July 9, 2018

U.S. President Donald Trump again accused the Organization of the Petroleum Exporting Countries of driving gasoline prices higher on Wednesday and urged the oil producer group to do more.

• July 5, 2018

Oil will soon cost $100 per barrel due to supply disruptions caused by U.S. President Donald Trump, Iran’s OPEC Governor told Reuters on Thursday, as he warned expectations that Saudi Arabia and Russia would help bring down prices were in vain.

• July 5, 2018

Brent oil rose on Wednesday, driven higher by a threat from an Iranian commander and a drop in U.S. crude inventories for the second week in a row.

• July 5, 2018

The leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed and the country has 2 million barrels per day of spare capacity, the White House said on Saturday, rowing back on an earlier Trump tweet that appeared to suggest the Saudis had agreed to boost output by that amount.

• July 3, 2018