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ADNOC gives the green light to the $6.2 billion Umm Shaif gas development project.

Business Staff Writer -
The Umm Shaif development will deliver over 600 million scfd of gas capacity, with production scheduled to commence in 2030. Abu Dhabi: ADNOC has sanctioned...

Brent crude surges above $90 following US-Iran strikes: What comes next for oil markets?

Business Staff Writer -
Oil prices climb on Strait of Hormuz threats, driving Brent to its highest level in a month and raising inflation fears. Dubai: Brent crude rose...

Oil prices surge after Iran strikes and fresh Strait of Hormuz shipping incident

Business Staff Writer -
Brent crude crosses $90 as Middle East tensions threaten key oil supply route. Oil prices jumped in early Asian trading on Monday after the United...

Oil eases as traders assess Iran blockade risks, Brent stays above $84

Business Staff Writer -
US naval action raises Gulf tensions, but oil markets remain calm over supply risks. Oil prices edged lower in Asian trading on Friday as investors...

UAE fuel price outlook: Can petrol prices continue to decline as oil rises above $86?

Business Staff Writer -
Oil prices climb amid fresh Strait of Hormuz tensions, but will UAE drivers see higher petrol prices? Dubai: UAE motorists may need to lower expectations...
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