Hyundai Motor Group Signs Historic Partnership Agreements with Oman’s Ministry of Transport, Communications and Information Technology The Group Teams Up with Mwasalat to Launch Oman’s First Hydrogen City Bus in Muscat Oman Oil Marketing Company and EV Charging Brand EVO Join Forces with the Group to Build 240kW Ultra-Fast EV … [continued]
Demonstrating its expanding regional leadership, the Middle East Green Initiative (MGI) has announced its participation in the 17th Conference of the Parties (COP17), to be held in Ulaanbaatar, Mongolia, from August 17 to 28, 2026. MGI’s presence underscores a unified effort across 35 member states committed to combating desertification, addressing … [continued]
Chatgpt generated panoramic editorial visualization of the Strait of Hormuz as a global energy chokepoint.
We’re now two months into Trump’s latest imperial adventure. The sudden attack on Iran’s leadership on February 28th (amidst ongoing negotiations between Iran and the US) led to a series of escalatory measures from both sides that have most notably caused the closure of the globe’s most important energy corridor: … [continued]
Airline ticket prices are soaring as a consequence of the recent crisis in the Middle East. This new analysis shows that European aviation’s dependence on fossil fuels is at the core of this spike in prices. The recent Middle East crisis underscores that European aviation’s greatest vulnerability is its fossil … [continued]
Chatgpt generated panoramic editorial visualization of the Strait of Hormuz as a global energy chokepoint.
The idea that Donald Trump might be an accidental climate warrior rests on a narrow and uncomfortable observation. Wars, price shocks, and trade disruptions can suppress fossil fuel demand in the short term. That suppression shows up as lower emissions in the ledger. It does not come from better systems. … [continued]
By pretty much all accounts, the US starting another war in the Middle East, this time in Iran, is not going well. At least 13 Americans have died while around 300–750 have been injured, and for those of us who care (I do) countless Iranian children and civilians have been … [continued]
Crude oil and petroleum product prices increased significantly in the first quarter of 2026 (1Q26), particularly following military action in the Middle East on February 28 and the subsequent de facto closure of the Strait of Hormuz. In this quarterly update, we review petroleum markets price developments in 1Q26, covering … [continued]
In March 2026, tanker rates for Very Large Crude Carriers (VLCCs) leaving the Middle East to Asia were the highest since at least November 2005, when data were first recorded. The price increase followed Iran’s closure of the Strait of Hormuz on March 2. The Strait of Hormuz is an important chokepoint, connecting the Persian … [continued]
Lucid Group officially opened the first-ever car manufacturing facility in Saudi Arabia. As Lucid’s second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid’s groundbreaking electric vehicles for Saudi Arabia and export to other markets. Photo from Lucid.
Last month, CleanTechnica carried a story about the growing footprint of Lucid Motors in the Kingdom of Saudi Arabia. The company’s expanding presence in the Middle East, centered on its assembly facility at King Abdullah Economic City near Jeddah, has often been presented as a milestone for both the automaker … [continued]
Energy dominance doesn’t come from the barrel of a rifle, it comes from harvesting the abundant energy of the sun.
