Energy

Oil prices surge as plans to block the Strait of Hormuz shake markets, while stocks decline.

Energy prices climb as a proposed blockade heightens supply concerns and market risk. Dubai: Oil prices rose at the start of the week, while global...

The Ministry of Energy and Infrastructure has introduced an innovative microgrid project for federal government buildings.

The project pioneers a smart, decentralized energy model designed to support future-ready infrastructure. ABU DHABI: The Ministry of Energy and Infrastructure has launched an innovative...

Oil prices jump, WTI surges to $104 after failed Iran talks

Crude oil markets are preparing for continued volatility despite diplomatic efforts aimed at reducing tensions in the region. Oil prices surged in early Monday trading...

Saudi oil output has been disrupted by attacks, with pipeline damage further tightening global supply conditions.

Pipeline infrastructure and key oil fields have been hit, reducing output and heightening concerns over tighter global supply conditions. Dubai: Saudi Arabia said recent attacks...

Hormuz Strait ‘toll’: Oil prices drift back to $100/barrel mark — what it will take to get things going again rephase

Many shipping firms are still holding back and waiting for explicit safety guarantees from Iran, along with clear operational guidance on transit procedures through...

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