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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...

More oil and LNG tankers now crossing the Strait of Hormuz as shipping activity resumes through the Gulf chokepoint.

Energy Staff Writer -
Shipping activity in the Strait of Hormuz gathers pace as more stranded tankers finally resume departures. Dubai: More oil and liquefied natural gas tankers are...

Strait of Hormuz tensions push global oil market closer to a “red zone.”

Business Staff Writer -
Prolonged disruption could trigger deeper supply shocks, sharp fuel price increases, and broader economic strain. International Energy Agency Executive Director Fatih Birol has warned that...
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