GCC firms post record $74.8B Q2 profit as oil lifts banks, energy
Record second-quarter earnings across the Gulf signal a resilient regional economy, but oil-price volatility and geopolitical risk still loom for boards.

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18 briefings · “energy”
Record second-quarter earnings across the Gulf signal a resilient regional economy, but oil-price volatility and geopolitical risk still loom for boards.
Escalating tensions in the Strait of Hormuz are pushing up crude prices and insurance costs, forcing energy traders and shippers to reassess risk.
Ukraine's strikes have knocked out 40% of Russia's refining capacity, sending diesel prices to all-time highs and threatening global supply chains.
The data center firm has no operating facilities and no revenue, yet its future hinges on OpenAI contracts. Here's what that means for investors.
The technical report on the Hugging Face breach skips the human failures that let it happen-and that's the real risk for every AI leader.
New analysis shows rooftop solar is a no-brainer for British homeowners as power prices climb and panel costs tumble.
The Canadian auto supplier's latest $35M injection cements its control of Yuma Energy as India's EV ecosystem pivots to battery swapping.
The central bank chief also flagged energy price volatility from the US-Iran conflict as a compounding risk for the world economy.
The first U.S.-Iran strikes in a month pushed crude to $90 a barrel, and American drivers are feeling it at the pump.
Six months into the US-Israel war on Iran, energy giants and banks are cashing in while airlines and food security suffer - here's the economic scorecard.
The UAE clean energy giant now fully owns the Greek renewables developer, accelerating its European footprint and reshaping competition in the region.
With oil exports down 80% and inflation above 80%, Tehran's moderates are signaling cracks - here's the strategic fallout for energy markets.