Vienna: Global oil supply experienced its largest monthly increase in recent months in June, as shipments through the Strait of Hormuz recovered, boosting Gulf production. However, output remained significantly below pre-war levels due to ongoing secu…
Abu dhabi: Liquefied natural gas (LNG) tankers and other commercial vessels continue to transit the Strait of Hormuz despite renewed military exchanges between Iran and the US and attacks on merchant shipping in the strategic waterway. At least five L…
Ankara: Trkiye has signed additional serial production contracts with leading defense companies Aselsan and Roketsan for the Hisar-A and Hisar-O air defense systems, for the country’s multi-layered Steel Dome air defense architecture, the head of the …