[ad_1] UAE fuel costs climb again with petrol up nearly 50% since February 2026 / Image: File For thousands of motorists across Dubai, Abu Dhabi, Sharjah and the rest of the UAE, June has begun with a familiar routine, checking fuel prices before heading to the petrol station.This time, however, the numbers are significantly higher.The […]
[ad_1] Iran is considering allowing a limited number of oil tankers to pass through the strategic Strait of Hormuz, provided that the oil cargo is traded in Chinese yuan, CNN reported quoting an Iranian official.Tehran is working on a new plan to manage the flow of tankers through the key maritime corridor amid escalating tensions […]
[ad_1] Closing the Strait of Hormuz would block 21 million barrels of oil and 20% of global LNG exports daily, disrupting supplies from the UAE, Qatar, and other Gulf nations/ Image: (File) Tensions in the Middle East have once again spotlighted the Strait of Hormuz, a critical chokepoint in global energy supply. Amid rising friction […]
