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Egyptian FM holds calls with Iranian counterpart , U.S. Envoy on regional developmentsZverev into French Open last-fourIsraeli fire kills four people in Gaza, medics sayAncelotti eases Neymar W. Cup fearsArab, Islamic states condemn Israeli actions at Al-AqsaSyria Hopes for Terrorism Delisting to Spur Economic RecoveryBenfica linked with Fulham’s SilvaVan der Breggen takes Giro leadKremlin: Saudi Arabia Named Guest of Honor at St. Petersburg Economic Forumرياضة محلية‘Really cool to share this journey with her’: Michelle Wie West playing for her family at U.S. Women’s OpenArchaeological Replicas Showcase Saudi Arabia’s Rich History at Kuala Lumpur Int’l Book FairRenewable Energy Helps Red Sea Global Avoid 118,000 Tons of Carbon EmissionsLetter: Carol Rumens obituaryEngland v India: third and deciding women’s T20 cricket international – liveHealthVolunteers serve comfort food in a worrying Ebola outbreak – Sault Michigan NewsEconomyTrump signs AI executive order asking companies to give government early access to modelsVarietySouth West Water fined nearly £2million after supplying homes with parasite-ridden water that left four people in hospital – and telling people it was safe to drinkScience & TechYour car is following you – how to reclaim your data privacy on the open roadWorldHigh school valedictorian yanked from stage after hijacking speech to rant against Israel and ICESaudi FM Receives Written Message from Russian CounterpartEgyptian FM holds calls with Iranian counterpart , U.S. Envoy on regional developmentsZverev into French Open last-fourIsraeli fire kills four people in Gaza, medics sayAncelotti eases Neymar W. Cup fearsArab, Islamic states condemn Israeli actions at Al-AqsaSyria Hopes for Terrorism Delisting to Spur Economic RecoveryBenfica linked with Fulham’s SilvaVan der Breggen takes Giro leadKremlin: Saudi Arabia Named Guest of Honor at St. Petersburg Economic Forumرياضة محلية‘Really cool to share this journey with her’: Michelle Wie West playing for her family at U.S. Women’s OpenArchaeological Replicas Showcase Saudi Arabia’s Rich History at Kuala Lumpur Int’l Book FairRenewable Energy Helps Red Sea Global Avoid 118,000 Tons of Carbon EmissionsLetter: Carol Rumens obituaryEngland v India: third and deciding women’s T20 cricket international – liveHealthVolunteers serve comfort food in a worrying Ebola outbreak – Sault Michigan NewsEconomyTrump signs AI executive order asking companies to give government early access to modelsVarietySouth West Water fined nearly £2million after supplying homes with parasite-ridden water that left four people in hospital – and telling people it was safe to drinkScience & TechYour car is following you – how to reclaim your data privacy on the open roadWorldHigh school valedictorian yanked from stage after hijacking speech to rant against Israel and ICESaudi FM Receives Written Message from Russian Counterpart

Prices

US dollar50.20EGPEuro58.29EGPBritish pound67.40EGPSaudi riyal13.39EGPUAE dirham13.67EGPKuwaiti dinar162.83EGPJordanian dinar70.81EGPQatari riyal13.79EGPTurkish lira1.08EGPChinese yuan7.42EGPGold 246,908.16EGP/gGold 216,044.64EGP/gGold 185,181.12EGP/gSilver110.52EGP/g

US dollar50.20EGPEuro58.29EGPBritish pound67.40EGPSaudi riyal13.39EGPUAE dirham13.67EGPKuwaiti dinar162.83EGPJordanian dinar70.81EGPQatari riyal13.79EGPTurkish lira1.08EGPChinese yuan7.42EGPGold 246,908.16EGP/gGold 216,044.64EGP/gGold 185,181.12EGP/gSilver110.52EGP/g

Iran

Oil markets nearing ‘red zone’ as Iran crisis continues, warns IEA chief

By rivo_admin · May 21, 2026 · 1 min read

Surging demand, low reserves and reduced Middle East exports predicted to cause global crunch by August

Oil markets will enter the “red zone” by July and August as stocks dwindle before the summer travel season amid a shortage of fresh oil exports from the Middle East, the executive director of the International Energy Agency warned on Thursday.

Fatih Birol added that the most important solution to the Iran war energy shock was a full and unconditional reopening of the strait of Hormuz.

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المصدر: The Guardian — World Middleeast

#Iran #Middle East and north Africa #Oil #US foreign policy #World news

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