US-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....

US President Donald Trump has cancelled planned strikes on Iran. Discussions for a ceasefire have been approved by Washington, Israel, and ...

US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...

US-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...

In a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...

India and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...

A massive $110 billion deal for Warner Bros Discovery by Paramount Skydance Corp faces European Union scrutiny. Gulf sovereign wealth funds...

Egypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...

Anil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...

OPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...

Once reserved for wealthy travellers, Dubai's top-notch hotels have become almost exclusively reliant on residents, drawn in by dizzying st...

Abu Dhabi has frozen property rents for residential, commercial, and industrial spaces. This measure aims to provide relief during the ongo...

Oil prices may surge significantly in August claimed ADNOC's chief. This could happen if demand increases and the Iran war supply issues co...

KRN Heat Exchanger and Refrigeration Ltd successfully raised Rs 350 crore via a qualified institutional placement, attracting significant i...

Indian Oil Corporation has secured a significant crude oil purchase. The state refiner bought five million barrels from West Africa and the...

As India grapples with escalating fuel and plastic costs, the situation is further exacerbated by supply disruptions in West Asia, jeopardi...

A liquefied natural gas tanker from Abu Dhabi has exited the Strait of Hormuz. This marks an increase in energy shipments through the cruci...