April 18, 2026

oil supply chain

Open or closed? Uncertainty lingers as Iran-US reopen Strait of Hormuz, but with conditions – The Times of India

Open or closed? Uncertainty lingers as Iran-US reopen Strait of Hormuz, but with conditions – The Times of India

admin07 mins

Iran and the United States have said that the Strait of Hormuz has been reopened ahead of the second round of negotiations scheduled in Pakistan.But, subsequent statements and clarifications from both sides left uncertainty over how quickly shipping might return to normal, and some vessels could be observed making unsuccessful attempts to cross the strait…

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Saudi Arabia’s oil giant Saudi Aramco crosses 70% localisation milestone, 0 billion boost to GDP: Global firms rush in as iktva creates over 200,000 jobs – The Times of India

Saudi Arabia’s oil giant Saudi Aramco crosses 70% localisation milestone, $280 billion boost to GDP: Global firms rush in as iktva creates over 200,000 jobs – The Times of India

admin09 mins

Saudi Aramco Achieves 70% Local Content Milestone in Supply Chain, Boosting Saudi Vision 2030 Saudi Aramco, the world’s largest integrated energy and chemicals company, has announced a major breakthrough in its In-Kingdom Total Value Add (iktva) programme by achieving a 70% local content benchmark in its supply chain, a milestone that underscores the Kingdom’s push…

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