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Oil
Saudi Airstrikes Hit Iran-Backed Houthis in Yemen as Oil
Saudi Arabia carried out airstrikes on Sanaa International Airport on Monday, according to Iran-backed Houthi rebels who control Yemen's capital, ....
Oil Prices Jump More Than 4% as US and Iran Trade Attacks
Oil prices surged more than 4% on Monday as the United States and Iran traded attacks in an escalating standoff over control of the Strait of Hormuz, ....
US President Declares Naval Blockade on Iran
US President Donald Trump announced on Monday that the United States is reinstating a naval blockade on Iran, blocking all ships from entering or ....
Iran Says Only Way to Reopen Hormuz Is to "End US Military
Iran's Islamic Revolutionary Guard Corps (IRGC) says the Strait of Hormuz will remain closed to shipping until the United States ends what it ....
Kuwait: Three Land Border Posts, Offshore Drilling Platform
A worker was injured after a hostile drone struck a Kuwait Oil Company platform, as Gulf states across the region reported fresh Iranian fire ....
UAE petrol prices to drop in July after four months of
Motorists across the UAE are expected to receive some welcome relief in July as petrol prices are likely to decrease after four consecutive months of ....
Dubai gold prices jump over Dh13 per gram after US-Iran
Gold prices climbed sharply in Dubai on Monday morning as global markets reacted to the reported peace agreement between the United States and Iran ....
UAE petrol prices rise 8% for June, hit nearly four-year
Motorists across the UAE will pay significantly more for fuel in June 2026 as petrol prices have increased by around 8%, reaching their highest ....
UAE petrol and diesel prices for June 2026 announced
The UAE has officially announced fuel prices for June 2026, marking its first fuel pricing update as an independent oil producer following its exit ....
Will UAE petrol prices rise for the 4th consecutive month
In keeping with the global oil market, the UAE's fuel prices committee is likely to declare petrol prices for June later this week. In May, ....
Oil and gold prices: Will US-Iran peace deal reshape
Oil prices are expected to decline next week, while gold and silver markets could witness fresh movements, as the US and Iran move closer to a ....
Fuel Prices Surge in India as Global Oil Supply Faces
Energy rates surged higher as the fall out from the Middle East war and blockade of the Strait of Hormuz threatens to keep oil and gas supplies ....
Trump says US to help ships stranded in Strait of Hormuz as
Former US President Donald Trump has said the United States would intervene to help vessels stuck in the Strait of Hormuz after projectiles struck a ....
UAE announces decision to withdraw from Opec, Opec+ from
Earlier on April 28, the UAE announced it would withdraw from Opec (and Opec+) effective May 1, 2026. This decision, taken after over six decades ....
Trump not happy with latest Iran proposal to end the war,
Washington believes Iran's new offer, meant to reopen the Strait of Hormuz and halt ongoing hostilities, does not satisfy his expectations, US ....
Will petrol prices in UAE increase, hit Dh4 a litre in May?
In April, oil prices largely remained in the high $90s with trading and above $100 a barrel amid the closure of the Strait of Hormuz and continued ....
Gold loses over Dh15 in Dubai so far this week on higher
Gold opened lower at the Dubai markets on Thursday morning losing over Dh15 per gram this week. Dubai Jewellery Group data showed 24K trading at ....
Trump Extends Iran Ceasefire But Keeps Hormuz Blockade
President Donald Trump just extended the temporary ceasefire with Iran. He made this crucial decision merely hours before the deadline ....