Weekly Reports: Get updated about Bitumen Market

Weekly Bitumen Report: Bitumen Market under the Shadow of Middle East Crisis and Market Fluctuations

The Political and Economic Developments of the Week The Middle East Crisis and Global Economic Fluctuations The Middles East crisis and fragile ceasefire between Iran and Israel are still the most important global factors affecting different markets and the geopolitical developments in the Middle East are at the center of global market attention.The financial markets...

Weekly Bitumen Report: A Fragile Ceasefire after the Twelve-Day War, Reset in Oil and Bitumen Markets

The Political and Economic Developments of the Week The Twelve-Day War and Ceasefire and its Global Consequences During the past week, Iran attacked Israel with ballistic missiles for the first time. On June 22, the U.S attacked 3 nuclear sites of Iran, which was given the codename Operation Midnight Hammer. After this attack, an emergency...

Weekly Bitumen Report: Shakes in Oil and Bitumen Markets under War Shadow

The Political and Economic Developments of the Week Over the past week, the world observed the unilateral and one-sided military attacks of Israel on Iran. In response, Iran shot more than 400 missiles and hundreds of drones at Israel in a retaliatory action over the last days. Israel attacked many civilian and military areas in...

Weekly Bitumen Report: Israel’s Military Attacks on Iran, Sore in Bitumen Market

The Political and Economic Developments of the Week A direct military attack by Israel on Iran occurred at midnight on Friday, June 13, with missile strikes hitting hundreds of locations in Iran, resulting in the deaths of many civilians and military and political officials. These attacks caused the price of Brent crude oil to rise...

Weekly Bitumen Report, 6 Jun 2025: Tariffs Suspended, Markets Even More So

Global Political & Economic Shifts Over the past week, Washington’s rapid decision shifts once again shook the pulse of global markets. Trump extended the suspension of EU tariffs until June 9, by a phone call. However, just 24 hours later, the International Trade Court in New York announced that the White House had exceeded its...

Weekly Bitumen Report: Hot Middle East, Static Market

During the last week, intense Israeli attacks on Gaza have continued, and widespread international condemnation continued. At the same time, Donald Trump, who recently postponed many of the announced tariffs on China, in a new decision and in a phone call with the President of the European Commission, announced an extension of the suspension of...

Weekly Bitumen Report: Bitumen Market, Global Prices, and Internal Pressure

In the past week, Donald Trump and his team signed economic contracts in the Middle East, lifted sanctions on Syria, negotiated for the freedom of an American citizen who was held captive by Hamas, and stopped military operations on the Houthis in Yemen. The import tariffs of the U.S. against China were significantly declined. They...

Weekly Bitumen Report: Political Changes, Energy Imbalance, and Over Supply: Mixed Signals for the Bitumen Market

Last week, there were a lot of political and diplomatic changes in different parts of the world. In the Middle East, Israel started a new, big military operation in the Gaza Strip. They said they will keep going until the area is "completely cleared." These attacks have caused more worries around the world about the...

Weekly Bitumen Report: Geopolitical Pressure and Oversupply; Bitumen Market on the Brink of Cautious Adjustment

Over the past week, geopolitical tensions have risen across multiple regions. In South Asia, India launched a wide-scale airstrike on targets in Pakistan in response to a terrorist attack in Kashmir, resulting in dozens of casualties. Pakistan condemned the action as “an act of war” and has vowed retaliation.In the Middle East, Israel has intensified...

Weekly Bitumen Report: Fall in Oil Prices and Reduction of Global Demand, along with Bandar Abbas Disaster

The second term of Donald Trump’s presidency lasted over 100 days. During this time, his main concerns were imposing sanctions against Iran, escalating the trade war with China, and putting pressure on OPEC+ to reduce oil prices. At the same time, his unconditional support from Israel and attempts to symbolically end the Russia—Ukraine war were...