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2026-10-20T13:37:44.000Z

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Gold dips to $4,125.90 after Fed signals

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Gold dips to $4,125.90 after Fed signals

Netflix Q4 earnings forecast drops 7%

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12 Hrs2026-10-21T00:20:00.000Z
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Oil giants report profits from refining and trading

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18 Hrs2026-10-20T18:14:34.414Z
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Saudi TASI falls below 10,000

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22 Hrs2026-10-20T14:17:00.000Z
Saudi TASI falls below 10,000

Tadawul partners with Morgan Stanley Saudi for market-making

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22 Hrs2026-10-20T14:15:46.055Z
Tadawul partners with Morgan Stanley Saudi for market-making
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Iran's Shift Away from Gasoline Imports

Iran's Shift Away from Gasoline Imports

Iran has confirmed that it has become independent in its gasoline supply after efforts to reduce reliance on imports, through rationing consumption and decreasing the daily demand, which previously exceeded local production by 14 million liters. Now, that demand has approached the levels of domestic production, which amounts to 120 million liters per day. The government is providing gradual support to citizens, estimated at 110 liters per month, while raising prices for additional consumption to curb excessive demand. These measures are considered temporary to address sanctions and the deterioration of the oil infrastructure, rather than permanent structural changes. Officials' statements confirmed that these policies have saved the country an import bill that previously reached $3 billion annually. Moreover, it is expected that these measures will not significantly impact the daily lives of citizens, despite some psychological pressure and changes in vehicle movement.

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