Gulf Crisis: Rising Fuel Costs, Freight Surcharges and Flight Disruptions Hit UAE Daily Life

The US-Iran standoff drives up fuel prices, utility surcharges, and shipping costs across the UAE, while major airports manage regional route suspensions.

World

Gulf Crisis: Rising Fuel Costs, Freight Surcharges and Flight Disruptions Hit UAE Daily Life

Airports and ports remain operational under strict security protocols, but escalating maritime risks in Hormuz and Bab Al Mandab are ...

Sheikh Ahmed bin Saeed Al Maktoum opened GOTECH 2026 in Dubai, where global energy operators gathered to drive upstream digital transformation, mature field optimization, and decarbonization.

Business

Sheikh Ahmed opens GOTECH 2026 in Dubai as energy sector accelerates AI adoption and low-carbon transition

More than 50 nations gather at Dubai World Trade Centre to address mature asset optimization, digital transformation, and cross-border energy ...

Kuwait Petroleum Corporation reports a $2.88 price surge for Kuwaiti crude oil to $87.44 per barrel, contrasting with slight drops in Brent and WTI crude futures.

Business

Kuwaiti Crude Rallies to $87.44 as Global Benchmarks Retrench

State-owned Kuwait Petroleum Corporation reports a $2.88 gain per barrel during Friday's trading, diverging from broader international Brent and WTI ...

The US and Venezuela sign a major energy deal to develop 17 strategic fields, bringing $100 billion in investment and accessing 65 billion barrels of reserves.

Business

US and Venezuela Sign Strategic Energy Agreement Involving 65 Billion Barrels in Oil Reserves

The multibillion-dollar deal grants Washington access to 17 strategic fields in exchange for massive private investment aimed at rebuilding Venezuela's ...

Commercial oil tanker navigating strategic maritime trade route during global supply crisis.

Business

Oil Supermajors Secure $93 Billion Windfall as Middle East Conflict Squeezes Energy Supply

Global fossil fuel giants nearly double second-quarter net earnings following Strait of Hormuz shipping disruptions and crude price surges. LONDON ...

Tag: Oil and Gas

Gulf Crisis: Rising Fuel Costs, Freight Surcharges and Flight Disruptions Hit UAE Daily Life

Sheikh Ahmed opens GOTECH 2026 in Dubai as energy sector accelerates AI adoption and low-carbon transition

Kuwaiti Crude Rallies to $87.44 as Global Benchmarks Retrench

US and Venezuela Sign Strategic Energy Agreement Involving 65 Billion Barrels in Oil Reserves

Oil Supermajors Secure $93 Billion Windfall as Middle East Conflict Squeezes Energy Supply

UAE investment drives Middle East biopharma transformation as precision medicine set for double-digit growth

Emirates Park Zoo & Resort strengthens its educational programmes to bring learning beyond the classroom

With gold near record highs, Tanishq offers buyers a rate lock for Dhanteras and Diwali

UAE Cyber Security Council Partners With SCC Middle East to Launch Cyber Resilience Centre of Excellence

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