Energy

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...

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

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

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...

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