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UAE OIL PRICES
Dubai, Abu Dhabi residents return to a new normal: ‘Neither war, nor peace’Six months into the Iran war, the UAE’s post-pandemic boom is facing its biggest test. Tourism, aviation, property and trade have taken a h...- Houthis' Yemen advance leaves Gulf states with uncomfortable choiceThe Houthi capture of Yemen's Red Sea coastline is strengthening Iran's leverage over Gulf energy routes, forcing Saudi Arabia and its neig...
- Brookfield looks to buy PGP Glass for up to $1.5 bn from BlackstoneBrookfield is negotiating to acquire PGP Glass from Blackstone for $1.3 billion. This deal marks a significant transaction between two majo...
- BRICS 2026: India cracks the code in a divided room with 4 AM talks & diplomatic heavy liftingPrime Minister Narendra Modi helped broker a unanimous BRICS statement on the Middle East conflict despite sharp differences among members ...
- BRICS has the oil jackpot. Now comes the hard partBRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the U...
- Gulf states weigh rare meeting with Iran next week on HormuzGulf states are considering a meeting with Iranian officials next week. Oman aims to convene foreign ministers to discuss the Strait of Hor...
- India hosts BRICS summit as Iran war tests bloc unityIndia hosts the BRICS Leaders' Summit this weekend seeking to boost its global profile. The summit faces challenges due to the Iran-UAE con...
- India adds new crude suppliers, but Russia-led 5 countries retain grip on oil importsIndia expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 20%, according to analystsInvesting, a wise man once said, is a journey; one that needs to be managed carefully. Remember two things: One, there is never a “perfect ...
- Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shockOil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...
- Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
- Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
- Blackouts and bigger bills: Pakistan's energy dilemma deepens as Middle East war hurts supplyPakistan’s energy crisis is worsening as disrupted LNG supplies and soaring spot prices force Islamabad to choose between expensive fuel an...
- Gold imports may fall 15% in September after PM Modi’s call to curb purchasesGold imports may fall by fifteen percent this September, prompting Prime Minister Modi to call on citizens to restrict their purchases of t...
- US may announce new Iran bank sanctions this week, next week: Scott BessentUS Treasury Secretary Scott Bessent revealed plans for new sanctions targeting Iran-linked banks soon. The department is also investigating...
- Asia's refined fuel imports hit post-war low, can the Middle East help?Asia’s refined-fuel imports fell to their lowest level since the Iran conflict began, with August shipments of light and middle distillates...
- War weighs on Iran's economy as US intensifies sanctionsIranian leaders admit economic hardship from war and sanctions, while vowing to resist US pressure. President Pezeshkian stated foreign tra...
- Iran’s foreign trade plunges 35% as US sanctions deepen war’s economic tollIranian leaders are acknowledging mounting economic pain six months into the war with the US, as President Masoud Pezeshkian says foreign t...
- Russia-Ukraine war likely to raise import price of sunflower oil, yellow peasThe escalation of the Russia-Ukraine war could raise India’s import costs for sunflower oil and yellow peas, as attacks and shipping disrup...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
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