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UAE denounces unprovoked Iranian drone attack targeting Salalah Port, Oman

Iranian drone strike on Oman's Salalah Port draws UAE condemnation. ABU DHABI: The United Arab Emirates has strongly condemned the unprovoked Iranian drone attack on...

WTI crude jumps 8% as unrest in the Middle East impacts global oil markets

US and IEA release strategic reserves, but Mideast tensions continue to push oil prices up. Global oil prices surge amid Middle East tensions Global oil prices...

One killed, 38 rescued in twin oil tanker attacks off Iraq as rescue operation remains underway

Iraqi authorities report suspected sabotage on oil tankers; search underway for ‘missing’. An attack on oil tankers near Iraq killed one crew member, Iraqi state...

How strategic oil reserve releases can ease fluctuations in global oil markets

Record 400-million-barrel oil release aims to stabilise markets as Gulf supply concerns mount. Dubai: Global oil markets are facing pressure as Middle East tensions disrupt...

Seeing higher grocery bills? Here’s what UAE shoppers can do

Authorities increase inspections while encouraging consumers to flag excessive price hikes. Dubai: Feeling the pinch at the grocery store? Sudden price increases on vegetables, staples,...

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