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Oil prices climb while most stocks retreat as US-Iran peace talks hit a deadlock.

Energy Staff Writer -
Fragile ceasefire and disruptions around Hormuz continue to keep global energy markets on edge. Oil prices surged on Friday after Iran said it would not...

Strait of Hormuz disruption pushes more traffic through the Panama Canal

Energy Staff Writer -
Strait of Hormuz disruption pushes more traffic through the Panama Canal. Dubai: The war in the Middle East has sharply increased demand for moving vital...

Brent crude rises above $100 again as global oil benchmarks rally.

Energy Staff Writer -
Oil benchmarks surge as traders price in tighter supply and rising geopolitical risks. Brent crude climbed back above the psychologically important $100-a-barrel mark early on...

Oil prices will rise further the longer disruption in the Strait of Hormuz continues amid escalating war risks.

Energy Staff Writer -
Supply constraints and a fragile ceasefire are keeping crude prices near $100 despite signs of weaker demand. Dubai: Oil prices are expected to stay elevated...

DoE: Planned UAE energy investments to reach Dh160 billion over the next five years

Business Staff Writer -
Abu Dhabi to channel Dh160 billion into clean, efficient energy and water systems. Abu Dhabi: With planned energy-related investments across the United Arab Emirates expected...
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