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Red line: Blockade seals off Iranian ports, tightening pressure on oil giant as second round of US–Iran talks looms

Energy Staff Writer -
Over 10,000 US troops enforce Gulf ‘red line’ as Iran feels mounting economic pressure amid blockade. The blockade of Iranian ports was “fully implemented” within...

Oil prices fell, with Brent crude at $95 and WTI at $91, as optimism over a potential Middle East peace deal lifted stock markets.

Energy Staff Writer -
Oil prices dropped below $95 as traders focused on a potential reopening of the Strait of Hormuz and signs of weakening demand. Oil prices fell...

According to the IEA, global crude oil demand is projected to record its sharpest quarterly contraction since the post-Covid recovery period.

Energy Staff Writer -
Global fuel demand expected to fall as softer economy and policy shifts curb consumption, says IEA. The International Energy Agency (IEA) says global oil demand...

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

Energy Staff Writer -
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.

Energy Staff Writer -
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...
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