Now playing Next World News OPEC, oil nations agree to unprecedented production deal to cut output Oil-producing nations on Sunday finalised an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic. 12/04/2020
Now playing Next Australia 'Win for nature': Plans to drill in Great Australian Bight abandoned Green groups are celebrating oil company Equinor's decision to abandon its drilling plans in the biodiverse Great Australian Bight 25/02/2020
Now playing Next Belarus Russia resumes limited oil supplies to Belarus amid stalled talks Russia and Belarus have reached an agreement for limited oil supplies following the decision from Moscow earlier this week to stop providing crude oil. 04/01/2020
Now playing Next Iran Iran’s Khamenei defends fuel price rises amid protests Khamenei told state television that the government is raising petrol prices in order to provide additional subsidies to low income families. 17/11/2019
Now playing Next The Cube Why Iraqis are on the streets after 'years of anger and frustration' Prime Minister Mahdi says he will listen to the ''legitimate'' demands of protesters, but with many calling for his downfall, what is next for Iraq? 04/10/2019
Now playing Next USA US to send troops to Saudi Arabia after attacks on oil installations Drone strikes on key Saudi oil installations last Saturday have reduced the flow of the world's oil supplies by about five percent. 21/09/2019
Now playing Next Saudi Arabia Euroviews. Trump finally deserves credit for something: Making the Middle East worse ǀ View The dangerous downward spiral in the Middle East stems from the U.S. scrapping the Iran nuclear deal without a strategy in place. 19/09/2019
Now playing Next World Energy “Trilemma” Debated at World Energy Congress in Abu Dhabi The World Energy Congress, an event and a council which represents more than 150 countries, was established in London in 1924. 18/09/2019
Now playing Next No Comment Drone attacks on Saudi Arabia oil refineries Yemen's Houthi rebels have claimed responsibility for drone attacks on two Saudi Aramco oil refineries in Saudi Arabia. 14/09/2019
Now playing Next Greece Greece 'will not aid' Iranian tanker after U.S. warning Greece 'will not aid' Iranian tanker after U.S. warning 21/08/2019
Now playing Next United Kingdom US makes last-ditch bid to seize Iranian oil tanker Grace 1 The United States has made a last-ditch attempt to stop an Iranian oil tanker from leaving Gibraltar. 17/08/2019
Now playing Next Yemen Yemeni tanker threatens oil spill ‘four times worse than Exxon Valdez’ Yemeni tanker threatens oil spill ‘four times worse than Exxon Valdez’ 24/07/2019
Now playing Next USA US warns it will destroy any Iranian drone too close to its ships The United States has warned it will bring down any Iranian drones that fly too close to its ships, following a string of incidents on the world's most vital oil shipping route. 19/07/2019
Now playing Next Belgium EU sanctions Turkey for drilling off the coast of Cyprus EU foreign ministers decided to cut aid to Turkey and suspend high-level bilateral talks. 16/07/2019
Now playing Next Cyprus EU warns Turkey of sanctions if drilling off Cyprus continues Turkey has denied it is doing anything illegal on the divided island - where a huge discovery of reserves has set off a race to tap into the resources. 12/07/2019
Now playing Next Cyprus Tensions mount as second Turkish ship plans to drill off Cyprus A Turkish ship planning to drill for oil and gas close to Cyprus dropped anchor off the island on Monday, sparking tensions with Nicosia and the European Union. 08/07/2019
Now playing Next World News Britain seizes oil tanker in move that could exacerbate Iran tensions This is the first time Europe has seized a tanker at sea despite a ban on oil shipments to Syria since 2011. 04/07/2019
Now playing Next Iran Explainer: What we know about the oil tanker attacks in Gulf of Oman Here we break down the controversy that prompted the US to point the finger at Iran. 14/06/2019
Now playing Next Iran Strait of Hormuz: Where is it? What is it? And why is it so important? Following recent attacks on two oil tankers, Euronews looks into the significance of such an incident on the gateway to the global oil industry. 14/06/2019
Now playing Next United Arab Emirates US blames Iran after attacks on two oil tankers Iran has categorically rejected claims that the country is behind the attacks on two oil tankers yesterday - saying they are responsible for maintaining the security of the Strait of Hormuz where the incidents took place. But its version of events is strongly disputed by the U.S. 13/06/2019