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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 sayEgypt, Singapore discuss expanding cooperation in tourism, antiquitiesAncelotti 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 ForumTrump administration proposes 25% tariff to punish Brazil over trade practicesرياضة 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 roadEgyptian FM holds calls with Iranian counterpart , U.S. Envoy on regional developmentsZverev into French Open last-fourIsraeli fire kills four people in Gaza, medics sayEgypt, Singapore discuss expanding cooperation in tourism, antiquitiesAncelotti 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 ForumTrump administration proposes 25% tariff to punish Brazil over trade practicesرياضة 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 road

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US dollar52.06EGPEuro60.07EGPBritish pound70.16EGPSaudi riyal13.88EGPUAE dirham14.18EGPKuwaiti dinar168.80EGPJordanian dinar73.43EGPQatari riyal14.30EGPTurkish lira1.07EGPChinese yuan7.74EGPGold 247,272.57EGP/gGold 216,363.50EGP/gGold 185,454.43EGP/gSilver107.85EGP/g

US dollar52.06EGPEuro60.07EGPBritish pound70.16EGPSaudi riyal13.88EGPUAE dirham14.18EGPKuwaiti dinar168.80EGPJordanian dinar73.43EGPQatari riyal14.30EGPTurkish lira1.07EGPChinese yuan7.74EGPGold 247,272.57EGP/gGold 216,363.50EGP/gGold 185,454.43EGP/gSilver107.85EGP/g

Iran

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

By The Guardian — World Middleeast · May 21, 2026 · 1 min read The Guardian — World Middleeast ↗

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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