Riyadh: Today is a small holiday in the Gulf countries. Eid-ul-Fitr, which comes after fasting, is widely celebrated by locals and expatriates. In the countries of UAE, Saudi Arabia, Qatar, Kuwait and Bahrain, Eid is celebrated on completion of...
Saudi Arabia's oil output has been affected by recent attacks. The East-West Pipeline flow has also been impacted, disrupting the country's energy production and distribution.
The Strait of Hormuz has been shut down, and the CEO of ADNOC is calling for its reopening without conditions. This development has significant implications for the region's oil supply.
