The United Arab Emirates (UAE) has announced it will withdraw from OPEC and OPEC+, saying the move is aimed at prioritising its national interests. The decision comes at a time when the ongoing US-Israel war on Iran has triggered major energy market disruptions and shaken the global economy, according to Al Jazeera. State media reported More
German aviation company Lufthansa Group says it will cut 20,000 short-haul flights until October as the Iran war drives up oil prices and raises concerns that some countries may face jet fuel shortages, according to a media report. Lufthansa said on Thursday that it would cancel less profitable routes and focus on flights to and More
According to reports, imports of petroleum products from Russia and Belarus to Afghanistan and Central Asian countries via rail increased by more than 50 percent in the first three months of 2026. Reuters reported yesterday (Wednesday), citing traders, that the increase comes as Russia has redirected its energy flows away from Europe, while the Iran More
Etihad Airways, the national airline of the United Arab Emirates, has announced that it will increase its flights between Abu Dhabi and Kabul to daily services starting from 1 May 2026. In a statement, the airline said the decision comes just six weeks after the launch of the route, due to strong passenger demand. The More
With the outbreak of conflict involving the United States and Israel against Iran, the price of crude oil surged by approximately 68.5%, reaching $112.95 per barrel. However, following the announcement of a two-week ceasefire, prices dropped by about 17%, falling back to $93.75. The United States and Israel launched attacks on Iran on February 28, More
India has purchased oil from Iran for the first time in seven years amid disruptions in Middle East energy supplies, media reports said. According to Reuters, India had not imported Iranian oil since May 2019 due to pressure from the United States. The ongoing conflict involving the US, Israel and Iran has disrupted oil transit More
The US Department of the Treasury has issued a 30-day waiver permitting the sale of Iranian oil currently in maritime transit, aiming to ease pressure on global energy markets. The move comes amid a sharp surge in oil and gas prices driven by escalating regional tensions. This is the third temporary sanctions waiver granted by More
The value of the afghani against the US dollar has risen by more than 11 percent compared to ten months ago. According to money changers and economic experts, higher inflows of foreign currency, the conversion of UN assistance into afghanis and regulatory measures by the central bank are the main factors behind this increase. Mohammad More
Two consignments totalling 48 tonnes of substandard cement have been returned to Uzbekistan via the Hairatan port, the Afghanistan Standard and Quality Authority (ASQA) said on Saturday. In a post on X, ASQA stated that the consignments were technically assessed during the quality control process but failed to meet the required standards and were therefore More
Ariana Airlines has increased the number of cargo and passenger flights between Kabul and New Delhi to strengthen trade ties and expand transport capacity. In a statement posted on its X account, the airline said it currently operates six cargo flights and two passenger flights per week on the Kabul–New Delhi route. The statement did More
