Energy

More ASEAN nations turn to Russian fuel as Hormuz Strait disruptions strain global energy supplies

Southeast Asia turns to Moscow for fuel as Strait of Hormuz disruptions and price spikes shake global energy markets. Manila: Several Association of Southeast Asian...

US crude tanker delivers crude to Japan in landmark shipment

A shipment of 910,000 barrels of US-produced crude from Texas has arrived in Tokyo Bay after a 35-day voyage. Tokyo: A tanker carrying about 910,000...

Will petrol prices in the UAE rise and reach Dh4 per litre in May?

The UAE recorded its highest-ever petrol prices in 2022 following the Russia-Ukraine war, when fuel rates crossed Dh4 per litre for the first time...

Gulf trade faces fresh turmoil as Hormuz disruptions put global supply chains under pressure.

Shipping bottlenecks and energy risks disrupt trade flows as Gulf routes come under renewed pressure. Dubai: Trade flows across the Middle East are coming under...

UAE’s ENOC and Emarat sign agreement to ensure uninterrupted jet fuel supply

MoU aims to secure uninterrupted jet fuel supply across the UAE’s major aviation hubs. Dubai: As global airlines cut flights and scale back operations amid...

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