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Chevron to begin drilling in Syrian waters this summer

The Syrian Petroleum Company announced that it has received official confirmation from the American company Chevron to begin oil and gas exploration in Syrian territorial waters in the summer of 2026. This comes after the termination of contracts with Russian companies affiliated with the...

Oil climbs above $100 after Iran–US negotiations fail

London, April 13 (SANA) Oil prices exceeded $100 a barrel on Monday as tensions escalated in the Strait of Hormuz following the failure of negotiations between Iran and the United States, according to Reuters. Brent crude futures rose by $7.11, or 7.47 percent, to $102.31 per barrel,...