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Oil markets retreat as investors weigh latest US-Iran developments

Business Staff Writer -
US downs Iranian drones as tensions escalate near Strait of Hormuz. Global oil benchmarks fell sharply early on Saturday as traders weighed a limited military...

From Hormuz to Fujairah: Why the UAE is at the heart of the Gulf’s contingency plan for oil trade

Business Staff Writer -
As Hormuz disruptions threaten energy flows, GCC states ramp up billion-dollar investments in alternative export routes. Dubai: Gulf countries are stepping up efforts to route...

Global oil experts on when UAE fuel prices could begin to ease

Business Staff Writer -
A drop in UAE fuel prices is expected, but it may be slower than anticipated by motorists. Dubai: After four consecutive months of rising fuel...

Stellantis plans to bring back the iconic 2CV as an electric vehicle priced at around $17,000.

Business Staff Writer -
Inside a US automaker’s push to compete with China’s low-cost electric vehicles. European car buyers could soon witness the revival of one of the continent’s...

Will fuel prices in the UAE increase for a fourth straight month in June?

Energy Staff Writer -
Fuel prices in the UAE have risen for three consecutive months as global oil prices surged by nearly 50 per cent between February and...
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UAE teachers urged to apply for $1 million Global Teacher Prize 2027

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Since its launch in 2015, the prize has received...

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