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August 2026

Brent Oil Prices Surge 5% Amid Strait of Hormuz Tensions

Tehran: The price of Brent oil increased by around 5% as explosions were heard on Iran’s Qeshm Island in connection with operations targeting “hostile objects” at the entrance to the Strait of Hormuz. The price of a barrel of Brent oil reached $82.3 a…

Brent Oil Prices Surge 5% Amid Strait of Hormuz Tensions

Tehran: The price of Brent oil increased by around 5% as explosions were heard on Iran’s Qeshm Island in connection with operations targeting “hostile objects” at the entrance to the Strait of Hormuz. The price of a barrel of Brent oil reached $82.3 a…

Trkiye Close to Joining World’s Top 10 Defense Exporters

Ankara: Trkiye’s growing defense sector is close to breaking into the ranks of the world’s top 10 defense exporters as domestically developed platforms gain widespread international trust, the head of the Turkish Defense Industries Secretariat (SSB) s…