Economy
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Brent Oil Nears $100 as Middle East Tensions Rattle Energy Markets
DID Press: Brent crude prices have moved closer to $100 per barrel as escalating geopolitical tensions in West Asia and growing disruptions to key maritime shipping routes fuel concerns over global energy supplies and inflationary pressures. Rising security risks in…
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Saudi Arabia Confirms Red Sea Tanker Attack
DID Press: Saudi Arabia has confirmed that one of its oil tankers came under attack in the Red Sea, after Yemen’s Ansarallah (Houthis) claimed responsibility for strikes targeting two Saudi vessels amid escalating regional tensions. In a statement issued early…
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Mine Workers Protest in Badakhshan Over Closures, Allege Taliban Violence
DID Press: Dozens of mine workers in Afghanistan’s northeastern Badakhshan province staged a protest on Tuesday after the Taliban shut down small-scale mining operations under a new directive banning what the group describes as illegal mining. The protesters gathered outside…
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OPEC Sees Global Oil Demand Rising Through 2050
DID Press: Global oil demand is expected to continue increasing through 2050, despite the expansion of renewable energy, according to OPEC’s 2025 World Oil Outlook, which projects a markedly different trajectory from forecasts by the International Energy Agency (IEA). OPEC…
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Sanaa Seeks to Halt Saudi Oil Exports Through Naval Blockade
DID Press: Yemen’s Sanaa-based authorities have announced a naval blockade targeting Saudi Arabia, saying the move is intended to halt Saudi oil exports after regional and international mediation efforts failed to revive the stalled peace process. According to a statement…
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Red Sea Tensions Threaten Saudi Arabia’s Key Oil Export Route
DID Press: Yemen’s declaration of a naval blockade against Saudi Arabia has placed the Red Sea and the Bab el-Mandeb Strait at the center of a new regional energy crisis, threatening what has become Saudi Arabia’s primary alternative oil export…
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Construction Accelerates on 51-km Qosh Tepa–Darzab Road in Northern Afghanistan
DID Press: Taliban officials say construction of the 51-km Qosh Tepa–Darzab road in Afghanistan’s northern Jawzjan Province is progressing rapidly, with work underway simultaneously across three sections of the project. Valued at more than AFN 1.5 billion, the road is…
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EU Faces Rising Gas Prices as Middle East Tensions Intensify
DID Press: European gas prices have climbed to their highest level in four months as escalating military tensions between the United States and Iran fuel concerns over energy security and potential supply disruptions ahead of the winter heating season, according…
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Iran Reports Tanker Fires Near Strait of Hormuz Amid Regional Escalation
DID Press: Iran’s Islamic Revolutionary Guard Corps (IRGC) said it had launched missile and drone strikes against U.S. military positions in Kuwait and Bahrain, while the Iranian Army claimed to have targeted three U.S. bases in Kuwait. The IRGC also…
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Taliban’s Domestic Revenue Nears $14B as Development Spending Remains Below 10%
DID Press: Economic experts, citing 41 World Bank reports and official Taliban financial data, estimate that the Taliban has generated nearly $14 billion in domestic revenue since returning to power in 2021, with more than half of its annual budget…
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