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,...

Syrian Finance Minister Mohammed Yasser Barnieh confirmed that Decrees No. 69 and 70 of 2026, concerning incentives and exemptions for affected businesses and the settlement of non-performing loans in public banks, aim to alleviate the burden on those affected and help them resume their...

Official documents have revealed that the Syrian Petroleum Company recently signed a negotiated contract worth $12.3 million with Petroleum Services Enhancement Company (PPS), raising questions about the criteria used to award the contract to a company that was only established a few months...

In a development revealing the ongoing problems in managing the vital oil sector, multiple messages received by Zaman al-Wasl from within the Syrian Petroleum Company (SPC) have revealed widespread frustration among employees. This frustration stems from the return of individuals previously...